10480 Live Oak Blvd

Highlights:

• Prime Location – Corner of Highway 99 & Ramsdell Dr. with strong daily traffic exposure
• Self-Storage Facility – 141 units + 30 RV/parking spaces, built in 2006 with steel construction
• Expansion Ready – Phase II plans for an additional 10,000 SF of storage included
• Former Ace Hardware Building – 14,375 SF; lease, repurpose, or redevelop (retail, storage, gas station, or other C-MU permitted uses)
• Additional Office Space – 1,200 SF office at front of property with existing tenant
• Below Market Rents – Many storage tenants paying up to 50% under current market rates
• Operational Efficiency – Potential for fully automated access system; eliminates payroll and could improve NOI by $30,000–$40,000 annually
• High Visibility – Strong signage and exposure along Live Oak Blvd/Highway 99
• Flexible Zoning (C-MU) – Allows a wide range of commercial and mixed-use development opportunities
• Value-Add Potential – Multiple strategies for yield growth: expand storage, convert Ace building to climate-controlled storage, subdivide for separate retail/gas station parcel, or reposition for future uses

Description:

10460–10480 Live Oak Blvd offers a unique value-add investment opportunity in the growing community of Live Oak, California. Situated on 2.9 acres at the signalized corner of Live Oak Blvd (Highway 99) and Ramsdell Drive, the property combines a modern self-storage facility, a former Ace Hardware building, and a small office, all in one high-visibility location.

The storage facility, built in 2006 with high-quality American Building steel construction, consists of 141 units and 30 RV/parking spaces, secured by gated access with potential for full automation and 24-hour operation. Seller will provide plans for Phase II expansion, which would add an additional 10,000 SF of storage, significantly increasing income potential.

The former Ace Hardware building (14,375 SF) anchors the corner with excellent highway exposure and can be repositioned as retail, converted to climate-controlled storage, or redeveloped for a gas station or other commercial use under the flexible C-MU zoning. An additional 1,200 SF office building fronts the property and can serve as the storage office or continue with the current tenant.v

With below-market storage rents, diverse redevelopment options, and strong traffic counts, this property presents multiple paths for value creation and long-term investment growth.

Corner of Highway 99 & Ramsdell Dr. with strong daily traffic exposure from Highway.

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