Property profile

7965 State Highway 99W Gerber, CA 96035

FOR SALE
Warehouses
Property ID
US09-2345774
0.7 ac lot Built 1985
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional self-storage investment opportunity in Gerber, CA, presents a compelling proposition for discerning investors. Strategically located between Chico and Red Bluff, near Highway 5 and Old Highway 99W, this established business boasts a prime location and high visibility. Operating successfully since the 1980s, the facility enjoys a strong reputation, evidenced by its 4.6-star Google rating and consistently high occupancy rates. The property encompasses 18,912 square feet, featuring 124 storage units, all conveniently drive-up accessible. Further enhancing its income potential are eight 15x40 outdoor RV parking spaces, with ample room for expansion on the additional 3 acres of land. U-Haul rental sales have shown remarkable growth, increasing fivefold in just the second year of operation, highlighting the facility's strong market position and potential for continued revenue growth. On-site, a fully renovated two-story apartment building provides additional income streams, comprising one two-bedroom, two-bathroom unit and one one-bedroom, one-bathroom manager's unit, both currently rented. There's even potential to convert a two-car garage into an additional one-bedroom, one-bathroom unit. The property benefits from its location outside flood and fire zones, resulting in affordable commercial property and casualty insurance costs. This turnkey operation offers a stable, passive income stream, making it ideal for a variety of investors, from retirees seeking on-site living and consistent rental income to those seeking a diversified multifamily investment portfolio with a mature self-storage component. The U-Haul Authorized Dealer status further adds to the revenue streams through truck rentals and moving supply sales.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1985
Lot 0.7 ac (30,491 SF)
Zoning code R1ATB217
APN 063-160-008-000
UPID US09-2345774

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Rental Facility
  • Storage Facility

Location

7965 State Highway 99W Gerber, CA 96035
Gerber metro Census 800 RED BLUFF, CA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$860k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.02M

Owner & transaction history

since 2023
Last sale
$840,000
6 recorded transactions
2026
Price N/A
2023
Price N/A
2022
$840,000
2019
Price N/A
2001
Price N/A
2001
$216,000

Zoning & alternative use

R1ATB217 · Gerber, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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