Climate-Controlled Self Storage
For Sale
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4725 Jonesville Road, Columbus, IN 47201
Three-building self storage facility with climate and non-climate units plus controlled access and HD video coverage.
Property Size25,014 SF
Price / SF$105.94
Days on Market113
Property Features for 4725 Jonesville Road
General Information
Standard status
Active
Size
25,014 SF
Property subtype
Self Storage
Additional Details
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Schick & Associates, Inc.
Listed By:
Rob Schick · License #RB14026249
Source:
Crexi
Added: Jun 17
Changed: Sep 4
Last Checked: Oct 5 at 4:50PM
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 Schick & Associates, Inc.
Investment Insights
Based on property information with market context.
Happy Happy Self Storage is a 25,014 NRSF facility built across three buildings and offering a total of 187 climate units and 19 non-climate units. The property is described as newer construction and is presented as impeccably maintained. Access and security technology includes NOKE access control in many units and 32 HD cameras covering the entire property.
The facility is located in Columbus, Indiana on Jonesville Road. The asset is noted as one of only two self-storage properties located west of the Flatrock River. Columbus serves as the economic hub of Bartholomew County, and the area’s employment base is supported by major organizations including Cummins, Toyota Material Handling, Columbus Regional Health, NTN Driveshaft, and Forvia.
For prospective owners or operators, this layout supports a mix of climate-controlled and standard storage demand within a tech-enabled environment. The combination of controlled access and property-wide HD camera coverage may be attractive for tenants seeking a managed, secure storage experience across both climate and non-climate unit types.
The facility is located in Columbus, Indiana on Jonesville Road. The asset is noted as one of only two self-storage properties located west of the Flatrock River. Columbus serves as the economic hub of Bartholomew County, and the area’s employment base is supported by major organizations including Cummins, Toyota Material Handling, Columbus Regional Health, NTN Driveshaft, and Forvia.
For prospective owners or operators, this layout supports a mix of climate-controlled and standard storage demand within a tech-enabled environment. The combination of controlled access and property-wide HD camera coverage may be attractive for tenants seeking a managed, secure storage experience across both climate and non-climate unit types.
Key Highlights
- 25,014 NRSF self‑storage facility in Columbus, IN
- Three‑building setup with 187 climate units and 19 non‑climate units
- NOKE‑controlled access in many units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$193,308
Cap Rate
7.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,866,160
$3.9M
Cap Rate 7%
$2,761,543
$2.8M
Cap Rate 9%
$2,147,867
$2.1M
Market Conditions
NOI Build-Up for 25,014 SF
Gross rent
$300.2K $12.00/SF
− Vacancy
−$24.0K −$0.96/SF
EGI
$276.2K $11.04/SF
− OpEx
−$82.8K −$3.31/SF
NOI
$193.3K $7.73/SF
Area
Bartholomew County, IN
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,866,160
Cap Rate 7%
$2,761,543
Cap Rate 9%
$2,147,867
Alternative Uses
Best Use
Self Storage
$2.76M
$2.42M – $3.22M
NOI $193,308 @ 7.0% cap · market cap 7.29%
Second Best
Warehouse
$2.54M
$2.22M – $2.97M
NOI $177,962 @ 7.0% cap · market cap 6.72%
Theoretical Best
Healthcare Medical
$4.84M
$4.23M – $5.64M
NOI $338,499 @ 7.0% cap · market cap 12.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Explore this area
Business Placement
Demographics for 47201, IN
45,969
Population
20,924
Households
2.2
Avg Household Size
36
Median Age
36%
College-Educated
92%
High-School Grad
201.2 sq mi
ZIP Area
228
Density / Sq Mi
$82,667
Median Household Income
$46,243
Median Earnings
$1,159
Median Rent
$217,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Self storage facility - Three-building self storage facility with climate and non-climate units plus controlled access and HD video coverage.
Where is this self storage facility located?
The property is located at 4725 Jonesville Road Columbus, IN.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 25,014 NRSF self‑storage facility in Columbus, IN; Three‑building setup with 187 climate units and 19 non‑climate units; NOKE‑controlled access in many units
