Description

604 W Willmott Ave is a prime self-storage development opportunity located in the city of Los Banos, CA. Situated on a large 9.1 acre parcel of land, the subject property is a prime investment opportunity with proposed plans for a 625 unit self-storage facility. Current renderings feature a total of 56,271 square feet with net rentable square feet of roughly 53,457, offering potential customers with a variety of unit sizes and types. Los Banos, CA, is a vibrant and growing city known for its strong sense of community and strategic location in the heart of the Central Valley. The city offers a small-town charm while being close to major urban centers like Merced and Fresno, making it an ideal place for families and commuters alike. The city is served by the major transportation corridors of California State Route 33, California State Route 152, California State Route 165, and the highly traversed Interstate 5. The investment appeal of this asset is driven by Los Banos' strong employment fundamentals and low vacancy levels. With a world-class location in the heart of California's Central Valley, 604 W Willmott Ave presents an attractive choice for investors due to its close proximity to major urban centers, transportation corridors, and high potential returns.