7965 State Hwy 99w Gerber, CA 96035-9740
Property profile & analytics
7965 State Hwy 99w Gerber, CA 96035-9740
- Warehouses
- 0.70 lot acres
Property ID
US09-2345774
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- U-Haul Neighborhood Dealer / Car Rental Facility
- U-LOK Mini Storage / Storage Facility
Property Details for 7965 State Hwy 99w
- Year built
- 1985
- Lot size
- 0.70 lot acres
- Zone code
- R1ATB217
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 063-160-008-000
- APU
- 63160008000
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,015,000
- ML approach
- $860,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Gerber
- County
- Tehama
- State
- California
- Longitude
- -122.172
- Latitude
- 40.0281
- CBSA code
- 39780
- CBSA name
- RED BLUFF, CA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,916
$75,000
$400,000
$475,000
-
$0.00
$0.00
$0.00
