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M&A Self Storage
1881 E Market St, Stockton, California 95205
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Property Info
Price: $3,000,000
Units: 583
Year Built: N/A
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Download Marketing Package
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Broker Contact Info
Tasso Douglas
650.391.1818
Tasso.Douglas@marcusmillichap.com
Opportunity
The Market
Investment
Map
Stockton, California Fully Entitled Self-Storage Development Opportunity with Upside
POPULATION
In 2023, the population in your selected geography is 256,286. The population has changed by 5.42 since 2010. It is estimated that the population in your area will be 263,307 five years from now, which represents a change of 2.7 percent from the current year. The current population is 50.0 percent male and 50.0 percent female. The median age of the population in your area is 32.3, compared with the U.S. average, which is 38.7. The population density in your area is 3,260 people per square mile.
HOUSEHOLDS
There are currently 81,053 households in your selected geography. The number of households has changed by 8.80 since 2010. It is estimated that the number of households in your area will be 83,864 five years from now, which represents a change of 3.5 percent from the current year. The average household size in your area is 3.1 people.
INCOME
In 2023, the median household income for your selected geography is $57,260, compared with the U.S. average, which is currently
$68,480.The median household income for your area has changed by 45.60 since 2010. It is estimated that the median household income in your area will be $65,555 five years from now, which represents a change of 14.5 percent from the current year.
The current year per capita income in your area is $24,895, compared with the U.S. average, which is $39,249. The current year’s average household income in your area is $76,982, compared with the U.S. average, which is $100,106.
EMPLOYMENT
In 2023, 99,870 people in your selected area were employed. The 2010 Census revealed that 44.9 percent of employees are in white-collar occupations in this geography, and 25.3 percent are in blue-collar occupations. In 2023, unemployment in this area was 9.0 percent. In 2010, the average time traveled to work was 28.00 minutes.
HOUSING
The median housing value in your area was $277,771 in 2023, compared with the U.S. median of $268,796. In 2010, there were 36,771.00 owner-occupied housing units and 37,729.00 renter-occupied housing units in your area.
EDUCATION
The selected area in 2023 had a lower level of educational attainment when compared with the U.S averages. Only 4.2 percent of the selected area’s residents had earned a graduate degree compared with the national average of 12.7 percent, and 8.9 percent completed a bachelor’s degree, compared with the national average of 20.2 percent.
The number of area residents with an associate degree was lower than the nation’s at 7.6 percent vs. 8.5 percent, respectively.
The area had more high-school graduates, 30.4 percent vs. 26.9 percent for the nation, but the percentage of residents who completed some college is lower than the average for the nation, at 19.4 percent in the selected area compared with the 20.1 percent in the U.S.
• Stockton, California Fully Entitled Self-Storage Development Opportunity with Upside
• 84,605 Net Rentable Square Feet
• 342 CC Units, 241 NCC Units, and 58 Open RV & Boat Parking Spaces
• Dense Surrounding Population: 256,286 People Living Within a Five-Mile Radius | 130,845 People Living Within a Three-Mile Radius
• Excellent Location & Street Frontage