Calexico Storage Development
Land | 6.11 acres
Marketing description
Calvary Realty is pleased to present the Calexico Storage Development, a premier self-storage development opportunity located at the intersection of Sunset Boulevard and Frank Lee Boulevard in Calexico, California. Offered at $975,000 for the land, this 6.11-acre site provides investors with the opportunity to develop a Class A self-storage facility in one of the most underserved storage markets in Southern California. Imperial County is home to approximately 180,000 residents yet offers less than 5 square feet of self-storage per capita, creating favorable supply-and-demand fundamentals for new development.
The proposed project consists of eight single-story steel and metal buildings totaling approximately 127,200 gross square feet and 104,550 net rentable square feet across 729 planned storage units. Upon completion, the facility is projected to stabilize at approximately 93% occupancy, positioning it as one of the newest and largest self-storage properties in Imperial County. The property is zoned IR - Industrial Rail Served, providing an ideal foundation for storage development.
Market fundamentals continue to support new self-storage development, as demonstrated by the successful lease-up of Valley Premier Storage & Offices in nearby El Centro, a Class A facility that stabilized in less than 18 months after opening in 2020. Strong comparable sales throughout the region further reinforce the demand for modern storage facilities and the opportunity to develop one of the premier assets in Imperial County.
Located just three miles from the U.S.-Mexico border, the site benefits from one of the busiest international crossings in the region, supporting strong commercial activity and cross-border trade. Calexico serves as a major hub for trucking, logistics, and commerce between the U.S. and Mexico. Within a 1.5-mile radius, the property is surrounded by major national retailers, restaurants, and hotels including Walmart Supercenter, Aldi, Denny's, Panda Express, Subway, Jack in the Box, Rally's, Dollar Tree, Best Western, Holiday Inn, Pizza Hut, and Planet Fitness, creating consistent demand from both businesses and consumers. The site also offers excellent accessibility via Highway 111 and Interstate 8, further enhancing its long-term investment appeal.
The Calexico Storage Development represents a rare opportunity to develop and stabilize a Class A self-storage facility at a cost significantly below replacement values seen across Southern California. With strong market fundamentals, limited existing supply, high comparable sales, and increasing demand driven by population growth and cross-border commerce, this project offers investors an exceptional opportunity to create substantial long-term value in one of California's most supply-constrained self-storage markets.
Investment highlights
- Strong Demand through Imperial County
- Less than 5 sq. ft. Per Capita in Entire County
- Border Town
- High Comparable Sales
- Opportunity to Develop the Newest Facility in the County
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