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    202 E Ethel St Drexel, MO 64742

    For Sale
    $849,900

    Business - Drexel, MO

    Type:Business
    Lot size:
    2.24 Acres
    Days on Market:
    68
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 202 E Ethel St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Zoning
    C1
    APN
    05-03.0-06-020-009-002.000
    Parking features
    Covered, Parking Lot
    Exterior features
    Building Sign, Storage
    Lot size
    2.24 Acres

    Building Details

    Year built
    2011
    Floors in Building
    1
    Architectural style
    Other
    Additional Structures
    Storage

    Signature RE LLC (816) 721-0398 [email protected]

    Listing agent Dakota Chapin (816) 318-7299 License #SP00237292

    Listing date Sep 29, 2025

    MLS# 2577646 Listing URL

    Copyright © 2025 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    84-Unit Storage Complex Investment

    Located in Drexel, Missouri, a short drive south of Kansas City and Overland Park, KS, this property presents an investment opportunity. The well-maintained 84-unit storage complex is situated on 2.24 acres, offering accessibility and visibility. All units measure 10x20 and feature 7 ft overhead doors, 12 ft ceiling heights, and concrete floors. The facility is currently producing a 10% cap rate. The acreage allows for future expansion to further increase revenue and long-term value. This storage complex delivers a balance of income, security, and scalability.
    Property Profile Location Intelligence

    Current Use by Public Records

    Baker Self Storage Self-Storage Facility

    Suggested Use

    Restaurant Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Pharmacy Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Drexel
    County
    Bates
    State
    Missouri
    Longitude
    -94.60925445
    Latitude
    38.47525456

    Nearby Similar for Sale

    • $155,000

      Downtown Drexel Commercial Gem

      Historic building, prime location, $155,000
      201 Main St, Drexel, MO 64742
      View Details
    • $125,000

      Drexel MO Commercial Building

      Historic Downtown Office Space, $125,000
      203 Main St, Drexel, MO 64742
      View Details

    FAQs

    What type of property is this?
    Self storage facility - Income-producing 84-unit storage complex on 2.24 acres in Drexel, MO.
    Where is this self storage facility located?
    The property is located at 202 E Ethel St Drexel, MO.
    What is the asking price?
    The asking price for this property is $849,900.
    What are key features of this property?
    This property features: - Proven income-producing property with an impressive 10% cap rate.; - Features 84 storage units (all 10x20) with durable construction, including 7 ft overhead doors, 12 ft ceiling heights, and concrete floors.; - Situated on 2.24 acres, allowing for future expansion and increased revenue potential.
    (816) 318-7299
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    202 E Ethel St Drexel, MO 64742
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    Drexel, MO 64742
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    202 E Ethel St Drexel, MO 64742
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