New Self-Storage
For Sale
$4,945,000
711 N Fairview Rd, Columbia, MO 65203
New non-climate-controlled storage property with automated access, security cameras, and an on-site rental kiosk.
Property Size37,376 SF
Price / SF$132.30
Days on Market577
Property Features for 711 N Fairview Rd
General Information
Standard status
Active
Size
37,376 SF
Warehouse & Industrial
Warehouse Space
37,376 SF
Conditioned Warehouse
No
Self-Storage Units
528
Taxes and HOA fees
Annual Taxes
$858
Amenities
storage item vending machine
HD Security cameras
OpenTech keypad access
automatic gate
self-serve rental electronic touchscreen
Argus 3rd party management
StoragePug website solutions
Building Details
Year Built
2025
Listing Agency:
Iron Gate Real Estate
(573) 777-5001
Listed By:
Laura Dooley
(573) 999-0123
Source:
Exprealty
Added: Mar 19, 2025
Changed: Oct 3
Last Checked: Oct 15 at 12:25AM
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 Iron Gate Real Estate
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.
Completed in 2025, this non-climate-controlled self-storage facility contains 37,376 rentable square feet and 528 portable units. Unit sizes can be adjusted from 4x8 to 8x20, allowing the mix to respond to leasing demand. The property is currently in lease-up and includes a storage item vending machine for additional revenue potential.
An on-site kiosk provides self-service rental functionality through an electronic touchscreen. Property systems include HD security cameras, OpenTech keypad entry, an automatic gate, Argus third-party management, and StoragePug website solutions. The facility currently has 8 KW of solar power supplying electricity, with an option for a 100 KW solar farm. The property is located at 711 N Fairview Rd in Columbia, Missouri.
An on-site kiosk provides self-service rental functionality through an electronic touchscreen. Property systems include HD security cameras, OpenTech keypad entry, an automatic gate, Argus third-party management, and StoragePug website solutions. The facility currently has 8 KW of solar power supplying electricity, with an option for a 100 KW solar farm. The property is located at 711 N Fairview Rd in Columbia, Missouri.
Key Highlights
- 37,376 rentable SF self‑storage facility completed in 2025
- 528 portable units with adjustable sizes from 4x8 to 8x20
- Non‑climate‑controlled facility currently in lease‑up
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$405,634
Cap Rate
8.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,112,680
$8.1M
Cap Rate 7%
$5,794,771
$5.8M
Cap Rate 9%
$4,507,044
$4.5M
Market Conditions
NOI Build-Up for 37,376 SF
Gross rent
$502.3K $13.44/SF
− Vacancy
−$25.1K −$0.67/SF
EGI
$477.2K $12.77/SF
− OpEx
−$71.6K −$1.92/SF
NOI
$405.6K $10.85/SF
Area
Columbia, MO
Vacancy
5.00%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,112,680
Cap Rate 7%
$5,794,771
Cap Rate 9%
$4,507,044
Alternative Uses
Best Use
Warehouse
$5.79M
$5.07M – $6.76M
NOI $405,634 @ 7.0% cap · market cap 8.20%
Second Best
Self Storage
$3.09M
$2.71M – $3.61M
NOI $216,631 @ 7.0% cap · market cap 4.38%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
265
Businesses Nearby
Explore this area
Business Placement
Demographics for 65203, MO
59,712
Population
27,157
Households
2.2
Avg Household Size
36
Median Age
65%
College-Educated
97%
High-School Grad
74.7 sq mi
ZIP Area
799
Density / Sq Mi
$80,442
Median Household Income
$48,287
Median Earnings
$1,035
Median Rent
$319,100
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Self storage facility - New non-climate-controlled storage property with automated access, security cameras, and an on-site rental kiosk.
Where is this self storage facility located?
The property is located at 711 N Fairview Rd Columbia, MO.
What is the asking price?
The asking price for this property is $4,945,000.
What are key features of this property?
This property features: 37,376 rentable SF self‑storage facility completed in 2025; 528 portable units with adjustable sizes from 4x8 to 8x20; Non‑climate‑controlled facility currently in lease‑up
