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Ankeny Storage Units For Sale
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2843 S Ankeny Blvd, Ankeny, IA

1,000 SF storage units available for purchase in Ankeny.

Property Size1,000 SF
Lot Size8.50 Acres
Price / SF$135
Days on Market1202

Property Features for 2843 S Ankeny Blvd

General Information

Standard status Active
Size 1,000 SF
Lot size 8.50 Acres
Property subtype INDUSTRIAL
Listing Agency: JLL
Listed By: Marcus Pitts · License #S67748000
Source: Moodyscre
Added: Apr 17, 2023 Changed: Jul 6 Last Checked: Jul 22 at 4:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL

Investment Insights

Based on property information with market context.

The property offers 1,000 SF bays available for purchase at $135,000 per unit, which equates to $135 per square foot. The association fee is $96.55 per month per unit, applicable only to purchased units. The total building size is 17,050 SF, with each unit measuring 20' x 50'. Each unit includes 14' tall overhead doors, interior lighting, and electricity. The facility is designed and built for secure and convenient storage of boats or recreational vehicles, featuring easy entry with a long drive and turnaround space.

Key Highlights

  • Affordable sale price at $135,000 per unit ($135/SF).
  • Designed for secure and convenient storage of boats or recreational vehicles.
  • 14' tall overhead doors** for easy access.

Financial Insights For Self Storage

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $12.0k $12.00
− Vacancy −$960 −$0.96
EGI $11.0k $11.04
− OpEx −$3.3k −$3.31
NOI $7.7k $7.73
1,000 SF · lease $12.00/SF/yr · vacancy 8.00% · expense 30.00%

Alternative Uses

Best Use
Self Storage
$110.4K
$96.6K – $128.8K (±1% cap)
NOI $7,728 @ 7.0% cap · market cap 5.72%
Second Best
Industrial
$58.6K
$51.3K – $68.3K (±1% cap)
NOI $4,100 @ 7.0% cap · market cap 3.04%
Theoretical Best
Flex RnD
$962.6K
$842.3K – $1.12M (±1% cap)
NOI $67,384 @ 7.0% cap · market cap 49.91%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

4th Bay Storage Storage Facility

Suggested Use

Top Pick Real Estate Agency Plumbing Service HVAC Service Garden Center (Bike/Boat/Book/etc) Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

230
Businesses Nearby

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - 1,000 SF storage units available for purchase in Ankeny.
Where is this self storage facility located?
The property is located at 2843 S Ankeny Blvd Ankeny, IA.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Affordable sale price at $135,000 per unit ($135/SF).; Designed for secure and convenient storage of boats or recreational vehicles.; 14' tall overhead doors** for easy access.
(515) 556-4727 Call to check price and availability
More about this property
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