Ocotillo Storage Development Site
San Tan Valley, AZ
Asking price
$2,100,000
Units
826
Cap rate
—
Price / unit
$2,542
About this property
Argus Self Storage Property Listings Listings Who We Are Find A Broker What We Do News & Research Market Monitor Presentations Industry News Closings Contact Listings Who We Are Find A Broker What We Do News & Research Market Monitor Presentations Industry News Closings Contact Ocotillo Storage Development Site Back to Results San Tan Valley, AZ $2,100,000 Ocotillo Storage represents a rare opportunity to develop a purpose-built, institutional-quality self storage facility in the heart of San Tan Valley— one of the fastest-growing residential corridors in the Phoenix metro. Positioned near expanding master-planned communities and key commuter routes, the site is surrounded by a steady influx of new rooftops driven by affordability, lifestyle, and proximity to major employment hubs in the Southeast Valley. Residents are drawn to the area for its balance of open space, outdoor recreation, and family-oriented living, creating a consistent need for storage tied to life transitions, homeownership, and population mobility. The project is fully entitled with site plans in place for a 107,010 square foot, 826-unit, two-story facility, offering a streamlined path to development and reduced entitlement risk. This scale and design allow for an efficient, modern layout that can support climate-controlled units and evolving tenant demand. Investors have the opportunity to deliver a high-quality asset into a market that is still maturing, with the ability to capture rent growth, establish early market presence, and capitalize on continued population expansion. Whether executed as a long-term hold or a build-to-sell strategy, Ocotillo Storage offers a clear path to value creation in a high-growth submarket. Click HERE to Access Deal Room $2,100,000 View Executive Summary Request Offering Memorandum All fields are required. I am a Principal I am a Broker I accept the Disclaimer . Property Info $2,100,000 107,010 RSF 826 Units Contact Listing Broker Listing Broker Darsh Desai The Gorden Group 701-405-3665 Email Stay Connected Contact Us 1-800-55-STORE Contact Us 5460 S. Quebec Street Suite 100 Greenwood Village, CO 80111 info@argus-realestate.com Join Argus Interested in becoming an Argus Broker Affiliate? Learn How © 2026 Argus Self Storage Advisors.
All details
Figures are transcribed from the source listing as published. “Source page last checked” is when our crawler last fetched that page — it is not a check of the financials and not confirmation from the broker.
| Asking price | $2,100,000 |
|---|---|
| Units | 826 |
| Price per unit | $2,542 |
| Building size | 107,010 sq ft |
| First seen by UnitListed | Sep 6, 2026 |
| Source page last checked | Oct 24, 2026 |
Before you call the broker
8 things are not disclosed on this listing. These are the questions that would close the gap — specific to a storage facility, not a generic list.
Net operating income — not disclosed
What is the trailing twelve-month NOI, and what does it include and exclude?
The single number a lender will size debt against. Ask what is excluded — management fees and reserves are the usual omissions.
What period the financials cover — not disclosed
Are these figures trailing twelve months, last calendar year, or projected?
A projected stabilised NOI and a current operating NOI can differ by a third, and both get called "NOI".
Gross income and operating expenses — not disclosed
Can you share a trailing twelve-month profit and loss, with the expense lines itemised?
NOI alone hides whether income is high or expenses are being under-reported. The split is what you underwrite.
Reason for sale — not disclosed
Why is the owner selling, and how long have they held it?
Never published on a listing, always worth knowing. Retirement and a looming capital bill are very different situations.
Physical vs economic occupancy — not disclosed
What is physical occupancy, and what is economic occupancy?
A facility can be 92% full and still be collecting far less, through concessions and delinquency. Physical occupancy alone flatters the deal.
Climate-controlled share — not disclosed
How many units are climate-controlled, and what is the rate premium?
Climate-controlled space earns more per square foot and costs more to run. The mix changes both sides of the model.
Expansion land and entitlements — not disclosed
Is there expansion land, and has anything been entitled or permitted?
Often the whole thesis in storage. Also the difference between a plan and a permit.
How it is managed today — not disclosed
Is this staffed, remotely managed or unmanned, and does a management contract transfer?
Decides whether the expense line you are shown survives the sale.
Asking price — disclosed
Currency of the asking price — disclosed
Unit mix and rent roll — disclosed
What has changed
Every date below is when we observed a change, not when it happened. We first saw this listing on Sep 6, 2026; that is not the same as when it came to market, and we have no way to know the latter.
- Sep 6, 2026First seen by UnitListed
The asking price has not changed across any of our observations.
