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Climate-Controlled Self Storage Facility
New
For Sale
$525,000

3717 Midway Dr, Cedar Falls, IA 50613

Fully climate-controlled facility with coded entry, online leasing, and updated building systems.

Property Size5,720 SF
Price / SF$91.78
Days on Market3

Property Features for 3717 Midway Dr

General Information

Standard status Active
Size 5,720 SF
Property subtype Commercial
Zoning C-2
Net Operating Income $38,511

Additional Details

Self-Storage Units 34

Taxes and HOA fees

Annual Taxes $8,799

Amenities

coded entry doors
security system
automatic lighting
rolling carts
website
online booking
account management
Concrete
0.37
5720

Building Details

Building Size 5,720 SF
Year Built 1990
Year Renovated 2023
Listing Agency: SKOGMAN REALTY CORRIDOR
Listed By: Nicki Kramer
Source: Pinnaclerealtyia
Added: Aug 28 Changed: Aug 30 Last Checked: Aug 30 at 12:55AM

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 SKOGMAN REALTY CORRIDOR

Investment Insights

Based on property information with market context.

This 5,720-square-foot self-storage facility contains 34 climate-controlled units ranging from 12 square feet to 440 square feet. The property is zoned C-2 and includes concrete interior construction. A substantial remodel and a 2023 addition updated the asset with new heat pumps and furnaces, siding, windows, doors, roofing, signage, and water and sewer lines. Most of the parking lot has also been improved.

Tenant access is managed through coded entry doors with 24-hour availability, automatic lighting, a security system, and rolling carts. The operation includes a website for online reservations and account management, while the established phone number can route to multiple users. Located at 3717 Midway Dr in Cedar Falls, Iowa, the property is configured for climate-controlled storage operations with modernized building systems and digital leasing support.

Key Highlights

  • 34 climate‑controlled storage units
  • Unit sizes range from 12 square feet to 440 square feet
  • 5,720‑square‑foot facility zoned C‑2

Property Analytics

Current Use

Midway Carwash Car Wash

Suggested Use

Top Pick Restaurant Law Firm Building Supply Spa & Massage Center Hair Salon Skin Care 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

585
Businesses Nearby

Demographics for 50613, IA

43,667
Population
17,808
Households
2.5
Avg Household Size
32
Median Age
48%
College-Educated
97%
High-School Grad
127.6 sq mi
ZIP Area
342
Density / Sq Mi
$75,642
Median Household Income
$33,099
Median Earnings
$1,176
Median Rent
$258,300
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Self storage facility - Fully climate-controlled facility with coded entry, online leasing, and updated building systems.
Where is this self storage facility located?
The property is located at 3717 Midway Dr Cedar Falls, IA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 34 climate‑controlled storage units; Unit sizes range from 12 square feet to 440 square feet; 5,720‑square‑foot facility zoned C‑2
More about this property
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