315 A St
Galt, CA 95632
Galt Storage Development · Land For Sale · 3.03 AC

Matthew 6:33 "Seek first the kingdom of God and His righteousness and all these things shall be added to you" GALT STORAGE DEVELOPMENT is a 3.03 acre parcel of land that is approved for mini storage development. The site has plans for a 300+ unit facility with 50,000 rentable square feet and a 600 square foot office. The project will consist of single story metal buildings with fire sprinklers, concrete block exterior walls, an electronic gate, asphalt paving, and a security system. The property is located 1 mile west of highway 99 and is surrounded by many single family developments. The local storage market is very strong with all facilities operating near full capacity; several with waiting lists! The storage square foot per capita in Galt is 6.68 sq. ft. / person, which is lower than the national average of 7.04 square feet per person. Current rental rates range from $2 / sq. ft. for the smaller units to $0.90 / sq. ft. for the larger units. The project is estimated to cost $2.6M in both land and building costs. The facility will generate over $530K of gross revenue and $400K of net income; producing double digit returns! FULL MARKETING PACKAGE AVAILABLE UPON REQUEST