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Investment Highlights

  • Proximity to Major Arterials: Immediately off Oro Dam Blvd E, one of Oroville,s primary commercial corridors.
  • Nearby Commercial Services: Close to grocery, auto services, restaurants, and neighborhood retail along Oro Dam Blvd E.
  • Dense Residential Surroundings: Surrounded by single-family neighborhoods and multifamily pockets that drive consistent storage utilization.

Executive Summary

16 Canyon Drive is a well-located, income-producing self-storage facility operating as Crown Storage, a highly rated storage operator in the Oroville market (4.8 stars, 36+ reviews). The property offers strong visibility, convenient access, and a stable customer base drawn from surrounding residential neighborhoods, local
businesses, and the Highway 70 corridor.
Property features include:
Professionally operated self-storage facility with modern security and customer-service amenities.
Mix of drive-up units designed for convenient loading and unloading. Covered and uncovered parking spaces to accommodate local recreation enthusiasts.
Secure, fully fenced site with controlled gate access, surveillance, and on-site management presence.
Clean, well-maintained buildings consistent with Crown Storage's regional brand standards.
Ample drive aisles for circulation and tenant maneuverability.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $741,888 $10.60
Other Income $31,245 $0.45
Vacancy Loss $51,190 $0.73
Effective Gross Income $721,943 $10.31
Taxes $88,000 $1.26
Operating Expenses $136,302 $1.95
Total Expenses $224,302 $3.20
Net Operating Income $497,641 $7.11

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $741,888
Annual Per SF $10.60
Other Income
Annual $31,245
Annual Per SF $0.45
Vacancy Loss
Annual $51,190
Annual Per SF $0.73
Effective Gross Income
Annual $721,943
Annual Per SF $10.31
Taxes
Annual $88,000
Annual Per SF $1.26
Operating Expenses
Annual $136,302
Annual Per SF $1.95
Total Expenses
Annual $224,302
Annual Per SF $3.20
Net Operating Income
Annual $497,641
Annual Per SF $7.11

Property Facts

Price $8,000,000
Price Per SF $114.70
Sale Type Investment
Cap Rate 6.22%
Sale Condition 1031 Exchange
Property Type
Specialty
  • Specialty Self Storage
Lot Size 4.85 AC
Building Size 69,750 SF
No. Stories 1
Year Built/Renovated 2001/2003
Zoning MU-2

Amenities

  • Property Manager on Site
  • Signage
  • Solar Panels
Not walkable
10/100
Exceptionally drivable
100/100
Limited public transit
30/100
Not bikeable
10/100
  • Listing ID: 41129221

  • Date on Market: 7/1/2026

  • Last Updated:

  • Address: 16 Canyon Dr, Oroville, CA 95966

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