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    712 W Patterson Ave Iola, KS 66749

    For Sale
    $715,000

    Updated climate-controlled storage facility with expansion potential in Allen County.

    Property size:
    7,500 SF

    Property Features for 712 W Patterson Ave

    General Information

    Size
    7,500 SF

    Building Details

    Year built
    1990

    Source: Drew Gannon, CCIM Agent Drew Gannon, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Climate-Controlled Storage Facility For Sale

    Allen County Storage is a climate-controlled storage facility, one of the few in Southeast Kansas. The facility features 71 units and a total area of 7,500 square feet, with a 96% physical occupancy rate. The property has been recently updated with HVAC and security features. The facility has updated lighting, security cameras, and keypad entry integrated with ESS software. A large paved lot is zoned and suitable for expansion. The seller has started advertising 10'x20' outdoor container storage and has a 9-person waiting list. A manager is in place, making this a turnkey operation for a non-local investor. The facility has a 5.0-star rating on Google, with 32 5-star reviews.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Allen County Storage Self-Storage Facility

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Iola
    County
    Allen
    State
    Kansas
    Longitude
    -95.4131589
    Latitude
    37.9368259

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    FAQs

    What type of property is this?
    Self storage facility - Updated climate-controlled storage facility with expansion potential in Allen County.
    Where is this self storage facility located?
    The property is located at 712 W Patterson Ave Iola, KS.
    What is the asking price?
    The asking price for this property is $715,000.
    What are key features of this property?
    This property features: - Only climate-controlled storage facility in Allen County, KS, and one of few in Southeast Kansas.; - High physical occupancy rate of 96%.; - Value-add potential with a large paved lot suitable for expansion. Existing waiting list for outdoor container storage.
    (316) 680-1108
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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
    712 W Patterson Ave Iola, KS 66749
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