Drive-Up Self-Storage
For Sale
Contact for pricing
12545 Highway 59, Neosho, MO 64850
Class C storage property with drive-up access, established improvements, and a substantial unit inventory.
Property Size63,228 SF
Lot Size5.00 Acres
Price / SF$47.45
Days on Market8
Property Features for 12545 Highway 59
General Information
Standard status
Active
Size
63,228 SF
Class
C
Lot size
5.00 Acres
Property subtype
Self Storage
Occupancy
57%
Investment Type
Value Add
Net Operating Income
$43,027
Financials
Asking Price
$3,000,000
Cap Rate
1.43%
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Self-Storage Units
290
Building Details
Year Built
2005
Units
290
Listing Agency:
Grandstone Investment Sales
Listed By:
Meir Perlmuter · License #BK3443325
Source:
Crexi
Added: Jul 29
Changed: Aug 4
Last Checked: Aug 5 at 9:12AM
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 Grandstone Investment Sales
Investment Insights
Based on property information with market context.
This Class C self-storage property contains 290 units totaling 63,228 NRSF on 5.0 acres. Built in 2005, the facility offers drive-up access across its storage inventory and is positioned along Highway 59 in Neosho, Missouri. The property address is 12545 Highway 59, Neosho, MO 64850.
Physical occupancy is reported at 57%, while economic occupancy is 56.6%. The facility is part of the Joplin MSA edge and has two of five regional comparable properties offering climate control. The nearest competing facility is identified as 3.9 miles away. Current operations include an established self-storage layout with measurable occupancy remaining below stabilized levels.
Physical occupancy is reported at 57%, while economic occupancy is 56.6%. The facility is part of the Joplin MSA edge and has two of five regional comparable properties offering climate control. The nearest competing facility is identified as 3.9 miles away. Current operations include an established self-storage layout with measurable occupancy remaining below stabilized levels.
Key Highlights
- 290‑unit self‑storage facility totaling 63,228 NRSF
- 5.0‑acre property along Highway 59
- Class C facility with drive‑up access
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Explore this area
Business Placement
Demographics for 64850, MO
24,586
Population
10,004
Households
2.5
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
203.3 sq mi
ZIP Area
121
Density / Sq Mi
$60,945
Median Household Income
$35,610
Median Earnings
$762
Median Rent
$161,700
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Class C storage property with drive-up access, established improvements, and a substantial unit inventory.
Where is this self storage facility located?
The property is located at 12545 Highway 59 Neosho, MO.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 290‑unit self‑storage facility totaling 63,228 NRSF; 5.0‑acre property along Highway 59; Class C facility with drive‑up access
