Listing Summary
SENECA BUSINESS PARK AND STORAGE is a 9.67-acre parcel of vacant land that is in the process of being approved for a 159,000 square foot climate control storage and office complex.
Full Description
John 14:6 - Jesus said unto him "I am the way, the truth, and the life. No one comes to the Father except through Me."
Exceptional Investment in an Opportunity Zone
Seneca Business Park and Storage: A Premier Development Opportunity
Seneca Business Park and Storage offers a unique investment in a prime location, featuring 42,660 square feet of planned climate-controlled storage. What truly sets it apart? It's the only climate-controlled storage facility within a 10-mile radius, guaranteeing strong demand and high occupancy.
This development also emphasizes top-tier amenities for RV owners. Future plans include covered RV parking with individual charging ports, offering unmatched convenience and security. Covered spaces protect RVs from the elements, preserving their value and appearance, while dedicated charging ensures they're always adventure-ready. Plus, 24/7 security and easy access provide complete peace of mind.
Strategic Phased Development & Financial Advantages
Seneca Business Park and Storage is designed for optimal investment returns through a three-phase development strategy. This approach ensures economical financing, efficient lease-up, and allows for flexible responses to market demands.
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Financial Efficiency: Staggering investment reduces upfront costs, allowing early phase revenue to fund subsequent stages.
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Market Adaptability: The phased approach enables adjustments based on market needs and tenant feedback, leading to higher occupancy.
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Risk Management: Incremental development mitigates risk by confirming demand and operational success at each stage.
Phase 1 includes: 577 storage units (71,650 NRSF), 14 offices (1,650 NRSF), 28 RV units (12,168 NRSF), and 4 retail units (2,400 NRSF). Phase 2 expands with: 308 storage units (38,288 NRSF). Phase 3 adds: 15 storage units (4,685 NRSF), 16 offices (2,550 NRSF), 40 RV units (19,200 NRSF), and 5 retail units (2,500 NRSF).
Quick Glance
- Listing ID:
CL-California-12834
- Status:
Active
- Year Build:
N/A
- Building Size:
N/A
- Lot Size:
N/A