Property summary
This exceptional investment opportunity presents a 43-unit storage facility situated on a 2.02-acre lot in Wheatland, Missouri. Conveniently located off State Highway 254 in the heart of Galmey, this property offers significant potential for growth and immediate income generation. The existing building boasts 12,960 square feet of rentable space, complemented by a functional two-room office, a kitchenette, and a bathroom. This provides ample space for administrative tasks and tenant convenience. A key advantage is the approximately one-acre vacant parcel included in the sale. This expansive area presents a unique opportunity for expansion, allowing for the construction of an additional storage building to meet increasing demand or the development of an RV park, catering to a growing segment of the travel market. The property's strategic location and existing infrastructure make it an attractive proposition for investors seeking a strong return on investment. The combination of established income from the existing units and the potential for future development makes this a truly compelling opportunity in a thriving market. The asking price for this turnkey operation is $225,000. Don't miss this chance to acquire a well-established and expandable storage facility in a prime location.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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