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South Cheney Plaza Road
Cheney, WA 99004
Asking Price
$990K
Asset Type
Warehouse Industrial
Class
Class B
What's Special
7.35 AC | Self Storage Development Site <p><strong>Affordable Land Price:</strong> $3.12/SF</p><p></p><p><strong>Flexible zoning: </strong>to execute a phased construction strategy, allowing you to build out traditional units first and scale up as absorption hits target levels.</p><p></p><p><strong>Market Stability:</strong> 96% to 98% occupancy. With local market rents commanding around <strong>$1.15/SQFT </strong></p><p></p><p><strong>Rapid Housing Growth: </strong>Ensures a steady, long-term demand curve for off-site storage that s
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NOI
$80,000
Cap Rate
8.08%
DSCR
1.36
Strong
Cash-on-Cash
7.15%
Monthly Payment
$4,897.98
Annual Cash Flow
$21,224.242