64 Storage Units , Scotia, CA 95565 - Commercial

$ 949,000 On the Market Save to FavoritesSaved      

Description:

This unique investment opportunity features 64 storage units strategically located across nine distinct parcels in the historic town of Scotia. Renowned for its charming architecture and rich history, the majority of Scotia's housing does not offer garages making storage units a staple need for community members. While the property presents great income potential, it does require some deferred maintenance. Addressing these maintenance issues could enhance the overall appeal and functionality of the storage units, ultimately increasing profitability and equity. With a strong demand for storage solutions in the area, this property represents a solid investment opportunity for those looking to capitalize on the growing market in Scotia.

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Quick Facts

Area:
18436 sq ft
Lot Size:
1.74 acres
Asking Price:
$ 949,000
Days on Market:
86
Listing Office:
The Land Man Office
Listing Agent:
Kyla Nored
Contact:
Ming Tree, Realtors
707-445-4500

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Neighborhood details for 64 Storage Units , Scotia, CA 95565

HousingNear HereCity
Total Households497457
Median Age of Home19391942
Median Property Value$293,056$291,437
Homes Owner Occupied29.59%34.59%
Homes Rented70.41%65.41%
Homes Vacant6.84%7.47%
Median Rent$ 775$ 781
Crime Risk (national avg is 100)Near HereCity
Overall Crime Risk133136
Murder Risk144145
Assault Risk109110
Burglary Risk115117
Vehicle Theft Risk133128
PeopleNear HereCity
Population12631146
Male51.7%52.0%
Female48.3%48.0%
Median Age32.934.0
People Per Household2.992.95
Households with Children69.76%69.31%
Median Household Income$48,030$47,327
EducationNear HereCity
Some High School9.23%9.9%
High School28.95%29.84%
Associate Degree9.1%9.22%
Bachelors Degree4.93%5.62%
Masters Degree4.68%4.37%
Graduate Degree5.06%4.75%
Professional Degree0.38%0.35%
Doctorate Degree0.0%0.03%
CommutingNear HereCity
Average commute time21 minutes21 minutes
Travel by Car82.71%83.7%
Travel by Public Transportation0.0%0.0%
Travel by Walking11.31%10.18%
Travel by Other0.0%0.03%
Work from Home5.99%5.89%
WeatherNear HereCity
Average Annual temperature54 degrees54 degrees
Average Annual minimum45 degrees45 degrees
Average Annual maximum63 degrees64 degrees
January Average Low39 degrees38 degrees
July Average High72 degrees75 degrees
Sunny Days per Year186 days186 days
Partly Clear Days per Year78 days78 days
Cloudy Days per Year7 days7 days
Rainy Days per Year117 days117 days
Snowy Days per Year0 days0 days
Annual Rainfall49.0 in.54.3 in.
Annual Snowfall0 in.0 in.
Environmental (national avg is 100)Near HereCity
Pollution Index9898
Earthquake Index362362
Wind Index00
Hurricane Index00
Tornado Index00
Hail Index00

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Based on information from the Humboldt Association of REALTORS®, as of 10/31/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by broker or MLS for accuracy. All information should be independently reviewed and verified of accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright ©2024 Humboldt Association of Realtors®. All rights reserved.