12555 Havasu Lake Road,Needles, CA 92363
Needles, CA 92363
Description
Compelling investment opportunity for developers and investors with this established storage facility to enter or expand within the self-storage sector. The property currently operates 50 units that are fully rented, providing immediate cash flow from an existing tenant base. The location is ideal as it is near the California Shoreline of Lake Havasu making the demand for storage high with boaters and offroad enthusiast needing places to store their toys. What distinguishes this opportunity is the expansion potential already in place. The property has previously received approval for an additional 80 units, which would potentially more than double the current capacity but would still need the proper updated approvals. The adjacent lot is also available for purchase, offering further development possibilities for those interested in creating a larger storage complex. This additional land provides flexibility for various expansion scenarios depending on market demand and investment strategy.
Details
| MLS # | OC26103525 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 2008 |
| Days On Site | 120 |
| Listing Provided By | Luxe Real Estate | Nicole Palanjian |
Features
| SQ Feet | 22,835 |
|---|---|
| Story(s) | 1 |
| Building(s) | 62 |
| Zoning | SD |
| Acreage | 3.96 |
Interior
| Cooling | None |
|---|---|
| Heating | None |
| Heating Yes / No | No |
| Cooling Yes / No | No |
Exterior
| Roof | Metal |
|---|---|
| Construction Materials | Aluminum Siding, Metal Siding |
| Lot Features | Lot Over40000Sqft |
| Fencing | Chain Link |
Utilities
| Utilities | Electricity Connected, Water Not Available |
|---|
Area Information
| State | CA |
|---|---|
| County | San Bernardino |
| City | Needles |
| Zip Code | 92363 |
| Area | DC770 Needles |
| Listing VS Median (in 92363) | |
Price: $2,300,000 low | high Med: $769,500 sqft: 22,835 low | high Med: 7,695 $ / sqft: $101 low | high Med: $100 On site: 120 low | high Med: 80 | |
Market Activity 92363
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Learn More About This Property
| State | CA |
|---|---|
| County | San Bernardino |
| City | Needles |
| Zip Code | 92363 |
| Area | DC770 Needles |
| Listing VS Median (in 92363) | |
Price: $2,300,000 low | high Med: $769,500 sqft: 22,835 low | high Med: 7,695 $ / sqft: $101 low | high Med: $100 On site: 120 low | high Med: 80 | |