Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Building Details

Year Built 2022

Listing Agency: Real Broker Show Phone

Listed By: Jaime Bratton · License #02076656 Show Phone

Source: Exitrealty

Added: Jun 16 Changed: Oct 6 Last Checked: Oct 5 at 4:53PM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker

Investment Insights

Based on property information with market context.

This self-storage property occupies 2.28 fully improved acres along the Highway 168 corridor and includes a 2,160-square-foot residence and office building. The interior provides approximately 1,660 square feet of living area with two bedrooms and two bathrooms, plus a 500-square-foot office with a private bathroom. The site also includes storage units, RV parking, and an established equipment rental business.

Site improvements include full concrete paving, block perimeter fencing, wrought iron gates, timed LED lighting, a private well, propane utilities, and a 24-camera HD security system. The residence has propane heat, a tankless water heater, a propane stove, a dryer hookup, and recessed LED lighting. Highway 168 provides access to Prather, Auberry, Tollhouse, Shaver Lake, and nearby foothill communities. The property is operated by absentee ownership and combines onsite living, office space, storage operations, and equipment rental uses.

Key Highlights

• 2.28 fully improved acres along the Highway 168 corridor
• 2,160‑square‑foot residence and office building with approximately 1,660 square feet of living space
• 500‑square‑foot office area with its own bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$316,724

Cap Rate

7.54%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$6,334,480 $6.3M

Cap Rate 7%

$4,524,629 $4.5M

Cap Rate 9%

$3,519,156 $3.5M

Is this asking price fair?

Market Conditions

NOI Build-Up for 20,180 SF

Gross rent

$394.7K $19.56/SF

− Vacancy

−$22.1K −$1.10/SF

EGI

$372.6K $18.46/SF

− OpEx

−$55.9K −$2.77/SF

NOI

$316.7K $15.69/SF

Area

Fresno County, CA

Vacancy

5.60%

Lease Rate

$19.56 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$6,334,480

Cap Rate 7%

$4,524,629

Cap Rate 9%

$3,519,156

Alternative Uses

Best Use

Warehouse

$4.52M

$3.96M – $5.28M (±1% cap)

NOI $316,724 @ 7.0% cap · market cap 7.54%

Second Best

Self Storage

$3.73M

$3.26M – $4.35M (±1% cap)

NOI $260,832 @ 7.0% cap · market cap 6.21%

Theoretical Best

Office A

$5.72M

$5.00M – $6.67M (±1% cap)

NOI $400,366 @ 7.0% cap · market cap 9.53%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Hwy 168 Self ... Storage Facility

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Building Supply Bakery Garden Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

18

Businesses Nearby

Explore this area Business Placement

Demographics for 93651, CA

1,445

Population

580

Households

2.5

Avg Household Size

50

Median Age

38%

College-Educated

97%

High-School Grad

16.3 sq mi

ZIP Area

89

Density / Sq Mi

$93,036

Median Household Income

$70,709

Median Earnings

$1,213

Median Rent

$424,400

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

Frequently Asked Questions

What type of property is this?

Self storage facility - Operational storage property with paved improvements, gated access, and an attached office-residence configuration.

Where is this self storage facility located?

The property is located at 30455 Auberry Road Prather, CA.

What is the asking price?

The asking price for this property is $4,200,000.

What are key features of this property?

This property features: 2.28 fully improved acres along the Highway 168 corridor; 2,160‑square‑foot residence and office building with approximately 1,660 square feet of living space; 500‑square‑foot office area with its own bathroom