Three-Property Self Storage
For Sale
Contact for pricing
1201 North 130th Street, Kansas City, KS 66109
Kansas City MSA portfolio with climate-controlled and non-climate units, surface parking, and merchandise sales.
Property Size130,625 SF
Price / SF$130.45
Days on Market107
Property Features for 1201 North 130th Street
General Information
Standard status
Active
Size
130,625 SF
Class
B
Property subtype
Self Storage
Occupancy
90%
Investment Type
Value Add
Net Operating Income
$1,143,153
Listing Agency:
Colliers - Nashville, Tennessee
Listed By:
Ashley Compton · License #TN 77340
(615) 850-2774
Source:
Crexi
Added: Jul 3
Changed: Oct 3
Last Checked: Oct 16 at 8:24AM
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 Colliers - Nashville, Tennessee
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This self-storage portfolio includes three facilities totaling approximately 130,625 rentable square feet and 1,059 units across the Kansas City Metropolitan Statistical Area. The properties are located at State Ave and Delaware in Kansas City, Kansas, and in Raytown, Missouri. Unit composition includes approximately 13% climate-controlled space and 87% non-climate space, supplemented by surface parking and merchandise sales.
The portfolio reports approximately 90.4% physical occupancy and 114.6% economic occupancy. State Ave is described as a stabilized facility, while Raytown includes ongoing capital improvements. The Delaware property combines climate-controlled and non-climate units with a dedicated expansion parcel. The facilities are positioned within approximately 20 to 30 minutes of one another, supporting coordinated operations across the Kansas and Missouri portions of the metro.
The portfolio reports approximately 90.4% physical occupancy and 114.6% economic occupancy. State Ave is described as a stabilized facility, while Raytown includes ongoing capital improvements. The Delaware property combines climate-controlled and non-climate units with a dedicated expansion parcel. The facilities are positioned within approximately 20 to 30 minutes of one another, supporting coordinated operations across the Kansas and Missouri portions of the metro.
Key Highlights
- Three facilities totaling approximately 130,625 rentable square feet across 1,059 units
- Portfolio spans Kansas City, Kansas, and Raytown, Missouri, within the Kansas City MSA
- Approximately 90.4% physical occupancy and 114.6% economic occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,211,364
Cap Rate
7.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$24,227,280
$24.2M
Cap Rate 7%
$17,305,200
$17.3M
Cap Rate 9%
$13,459,600
$13.5M
Market Conditions
NOI Build-Up for 130,625 SF
Gross rent
$1.88M $14.40/SF
− Vacancy
−$150.5K −$1.15/SF
EGI
$1.73M $13.25/SF
− OpEx
−$519.2K −$3.97/SF
NOI
$1.21M $9.27/SF
Area
Kansas City, KS
Vacancy
8.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$24,227,280
Cap Rate 7%
$17,305,200
Cap Rate 9%
$13,459,600
Alternative Uses
Best Use
Self Storage
$17.31M
$15.14M – $20.19M
NOI $1,211,364 @ 7.0% cap · market cap 7.11%
Second Best
Warehouse
$13.49M
$11.80M – $15.74M
NOI $944,321 @ 7.0% cap · market cap 5.54%
Theoretical Best
Office A
$21.64M
$18.94M – $25.25M
NOI $1,514,857 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
54
Businesses Nearby
Explore this area
Business Placement
Demographics for 66109, KS
26,160
Population
10,206
Households
2.6
Avg Household Size
38
Median Age
33%
College-Educated
90%
High-School Grad
45.9 sq mi
ZIP Area
570
Density / Sq Mi
$101,830
Median Household Income
$50,342
Median Earnings
$1,626
Median Rent
$255,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Self storage facility - Kansas City MSA portfolio with climate-controlled and non-climate units, surface parking, and merchandise sales.
Where is this self storage facility located?
The property is located at 1201 North 130th Street Kansas City, KS.
What is the asking price?
The asking price for this property is $17,040,000.
What are key features of this property?
This property features: Three facilities totaling approximately 130,625 rentable square feet across 1,059 units; Portfolio spans Kansas City, Kansas, and Raytown, Missouri, within the Kansas City MSA; Approximately 90.4% physical occupancy and 114.6% economic occupancy
