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New Self Storage Facility
For Sale
$69,900

1804 P Avenue, Milford, IA 51351

COMMERCIAL, Milford, IA

Property SizeContact for details
Days on Market53

Property Features for 1804 P Avenue

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Parking features Driveway
Security features Security Lighting
Exterior features Security Lighting
Directions Located on P Ave. in north Milford. Just one block east of HWY 71. Located behind Sunshine Foods
Subdivision Dickinson
Standard status Active
APN 11-06-304-019

Taxes and HOA fees

Tax Year 2023
Tax Description UNIT 87 PELICAN BAY STORAGE CONDOMINIUMS
Legal Description UNIT 87 PELICAN BAY STORAGE CONDOMINIUMS

Building Details

Year built 2025
Building materials Steel Siding
Roof type Metal
Listing Agency: Jensen Real Estate
Listed By: Michael Jensen · License #7586
Added: Jul 28 Changed: Aug 19 Last Checked: Sep 18 at 7:06PM
MLS# 260888

Copyright © 2026 Iowa Great Lakes Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This self-storage facility is under construction with a 2025 year built designation. The steel-sided units measure 24 feet by 48 feet, providing 1,152 square feet per space, and feature 16-foot-4-inch side walls. Each unit includes a 14-foot by 14-foot overhead door, a 3-foot by 6-foot-8-inch walk-in door, and 20-amp electrical service.

The property is located at 1804 P Avenue in Milford, Iowa. On-site features include driveway access, security lighting, and a metal roof. The HOA covers personal-use electricity, building insurance, lawn care, and snow removal.

Key Highlights

  • 1,152‑square‑foot units measuring 24' x 48'
  • 16'4" side walls in each storage unit
  • 14' x 14' overhead door and 3' x 6'8" walk‑in door per unit

Property Analytics

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Current Use

Self storage facilities

Suggested Use

Top Pick Dental Office Real Estate Agency Restaurant Auto Parts Store Auto Repair Shop Big Box & Wholesale Store

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

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

286
Businesses Nearby

Demographics for 51351, IA

4,844
Population
3,104
Households
1.6
Avg Household Size
45
Median Age
31%
College-Educated
97%
High-School Grad
108.0 sq mi
ZIP Area
45
Density / Sq Mi
$67,628
Median Household Income
$39,913
Median Earnings
$904
Median Rent
$256,100
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

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

What type of property is this?
Self storage facility - Steel-sided storage units provide drive-in access and dedicated electrical service for each space.
Where is this self storage facility located?
The property is located at 1804 P Avenue Milford, IA.
What is the asking price?
The asking price for this property is $69,900.
What are key features of this property?
This property features: 1,152‑square‑foot units measuring 24' x 48'; 16'4" side walls in each storage unit; 14' x 14' overhead door and 3' x 6'8" walk‑in door per unit
More about this property
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