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38718 Brookside Ave - Cherry Valley Self Storage Development 95,000 SF Specialty Building Offered at $7,000,000 in Cherry Valley, CA 92223

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INVESTMENT HIGHLIGHTS

  • High Traffic Area
  • High Population Growth
  • No Storage Competition Within 1 Mile Radius
  • Adjacent to Elementary and High School
  • Shovel Ready in Q1 2026
  • $30M in Value Upon Stabilization

EXECUTIVE SUMMARY

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".
Calvary Realty is pleased to present Cherry Valley Storage Development, a large-scale self-storage opportunity located at 38632–38718 Brookside Avenue, Cherry Valley, California. Positioned within the Riverside–San Bernardino–Ontario MSA— home to over 4.7 million residents—the property is offered at $7,000,000 and will be delivered shovel-ready in Q1 of 2026.
Spanning 8.27 acres, the development encompasses 13 single-story concrete and metal buildings across 360,241 gross square feet of land, with 102,100 square feet of enclosed storage across 869 units and 81,612 square feet of vehicle storage across 154 spaces. This is a Class A project located in an area with a storage moratorium and limited supply of storage with 0 square feet of storage within a 1-mile radius!
The property enjoys frontage along Brookside Avenue, a high-traffic corridor with an average daily count of 2,115 vehicles. It is strategically located across from Brookside Elementary School, next to the Beaumont Unified School District, and within walking distance of Beaumont High School. The surrounding area has experienced over 57% population growth since 2010, with 6,700 residents within a one-mile radius and no competing self-storage facilities nearby, creating significant potential for future stabilization and income growth.

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income $2,172,264 $22.87
Other Income $116,196 $1.22
Vacancy Loss $173,781 $1.83
Effective Gross Income $2,114,679 $22.26
Taxes - -
Operating Expenses - -
Total Expenses $472,350 $4.97
Net Operating Income $1,642,329 $17.29

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income
Annual $2,172,264
Annual Per SF $22.87
Other Income
Annual $116,196
Annual Per SF $1.22
Vacancy Loss
Annual $173,781
Annual Per SF $1.83
Effective Gross Income
Annual $2,114,679
Annual Per SF $22.26
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $472,350
Annual Per SF $4.97
Net Operating Income
Annual $1,642,329
Annual Per SF $17.29

PROPERTY FACTS

Price $7,000,000
Price Per SF $68.56
Sale Type Investment
Property Type
Specialty
  • Specialty Self Storage
  • Specialty Shipyard
  • Specialty Contractor Storage Yard
Building Class C
Lot Size 8.27 AC
Construction Status Proposed
Building Size 102,100 SF
No. Stories 1
Year Built 2026
Zoning Storage - Self Storage
  • Listing ID: 38158021

  • Date on Market: 10/21/2025

  • Last Updated:

  • Address: 38718 Brookside Ave, Cherry Valley, CA 92223

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