14426 Skyway - Self-Storage Facilities FOR SALE


Magalia, CA 95954
$4,500,000 USD
916-337-4856
14426 Skyway, Magalia, CA for Sale
$4,500,000 USD
Self-Storage Facilities - FOR SALE
1/3
null | 6.58% Cap Rate

14426 Skyway
Magalia, CA 95954


HIGHLIGHTS

  • Strategic CRE Positioning: Limited competing storage supply in the immediate submarket.
  • Strong Residential Demand Base: Surrounded by single-family homes, manufactured housing parks, and rural residential parcels.
  • Solar array helps reduce utility expenses.

OVERVIEW

14426 Skyway is an income-producing self-storage facility strategically located on Skyway, the dominant north-south arterial connecting Magalia, Paradise, and Chico. The property benefits from strong drive-by visibility, easy access, and a loyal customer base drawn from surrounding residential neighborhoods and the broader ridge communities. Demand Drivers: High proportion of single-family homes, manufactured housing, and rural residential parcels, all of which correlate with elevated storage usage. Ongoing rebuilding and contractor activity in the Paradise/Magalia region continues to support demand for contractor and household storage. Strong need for overflow storage due to smaller lot sizes, limited garage capacity, and seasonal equipment storage typical of foothill communities. Facility Features: Professionally operated drive-up self-storage with secure perimeter fencing and controlled access. Wide drive aisles suitable for trucks, trailers, and contractor vehicles. Clean, well-maintained buildings consistent with Crown Storage's regional operating standards. 4.3-star rating with 56+ reviews, indicating strong customer satisfaction. Access & Circulation: Direct ingress/egress from Skyway with excellent maneuverability. Central location within Magalia provides quick access for both local residents and ridge-area commuters. Offered at a 6.58% CAP on current, the property offers a proforma CAP of 8.73% when a 10% rent increase and 90% economic occupancy is achieved.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$99 USD /SF

CAP RATE

6.58%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Crown Storage - Magalia

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

ADD'L SUBTYPES

Parking Lot

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.71 AC

LAND SF

161,603 SF

ZONING

C

APN/PARCEL ID

065-210-061-000, -064, -065, -101

ASK ABOUT THIS PROPERTY

Bobby LoefflerThe Loeffler Self-Storage GroupMore Info
916-337-4856

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Bobby LoefflerThe Loeffler Self-Storage GroupMore Info
916-337-4856

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.