711 N FAIRVIEW RD, COLUMBIA, MO 65203 (MLS# 426571)

711 N FAIRVIEW RD, COLUMBIA, MO 65203

$4,945,000

Property Type: Commercial/Indust. Lot Size (sq. ft.): 134,600 Status: Active

Current Price: $4,945,000 List Date: 4/22/2025 Last Modified: 3/19/2026

Overview

Description

Pro Forma NOI of $576,899 and Cap Rate of 11.7%. This new, non-climate-controlled 37,376 rentable sq ft storage center was built in 2025 by an experienced storage facility developer and is currently in the lease-up phase. 528 portable storage units with adjustable sizes from 4x8 to 8x20, providing full control over unit mix to accommodate changing market needs. Additional revenue from storage item vending machine and option of a 100 KW solar farm (8 KW currently onsite supplying electricity to facility). Kiosk building houses self-serve rental electronic touchscreen, HD Security cameras, OpenTech keypad access, and automatic gate. Argus 3rd party management and StoragePug website solutions in place. See Offering Memorandum for additional information.

Listing Details MLS# 426571

Location, Tax & Legal

Area: Southwest
Street No #: 711
Street Direction: N
Street: FAIRVIEW
Street Suffix: RD
County: Boone
State/Province: MO
Zip Code: 65203
Mapping ID #: 1620400150010001

General Property Description

Type: Retail
Building Status: Existing
Sq Ft Source: Builders Plans
Age Description: 1 Dy-5 Yrs
Includes:: Real Estate and Business
Lot Acres: 3.09

Status Change Info

Status Change Date: 2025-04-21

Property Disclosure

Property Disclosure To Be Provided: No

More Information

Property Features

Equipment: Other/See Remarks Improved Structures: Yes Info Available: Building Plan; Pro-Forma Statmnt Possession: At Closing Will Sell: Cash; Conventional Internet Type: Broadband/Cable Zoning: M-C Mixed Use Corridor*