Self-Storage Facility with 118
For Sale
$1,100,000
687 S Old Orchard Road, Jackson, MO 63755
Income-producing self-storage facility with 118 units totaling about 4,200 square feet on 2.65 acres.
Property Size4,200 SF
Lot Size2.65 Acres
Price / SF$261.90
Days on Market51
Property Features for 687 S Old Orchard Road
General Information
Standard status
Active
Size
4,200 SF
Lot size
2.65 Acres
Property subtype
Commercial
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$7,198
Building Details
Year Built
2022
Buildings
4
Tenancy
Multi
Listing Agency:
Ritter Real Estate
(573) 450-8125
Listed By:
Jared Ritter
(573) 450-8125
Source:
Century21laclede
Added: Jul 6
Changed: Aug 23
Last Checked: Aug 24 at 12:58PM
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 Ritter Real Estate
Investment Insights
Based on property information with market context.
This income-producing self-storage investment includes approximately 4,200 square feet of storage space distributed across 118 individual storage units, with a variety of unit sizes to serve both residential and commercial customers. The expansive 2.65-acre site provides room for future expansion and additional uses.
The property is located along Old Orchard Road in Jackson, Missouri, and is described as having strong visibility and excellent accessibility. In addition to storage, the site is noted as having potential for future development including boat storage.
Overall, the facility is configured to support multiple storage unit sizes within a single self-storage operation on a larger-than-average parcel.
The property is located along Old Orchard Road in Jackson, Missouri, and is described as having strong visibility and excellent accessibility. In addition to storage, the site is noted as having potential for future development including boat storage.
Overall, the facility is configured to support multiple storage unit sizes within a single self-storage operation on a larger-than-average parcel.
Key Highlights
- Income‑producing self‑storage facility with 118 individual storage units totaling about 4,200 SF
- Sits on a 2.65‑acre site along Old Orchard Road in Jackson, Missouri
- Unit mix designed to serve both residential and commercial storage customers
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,435
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$708,700
$708.7K
Cap Rate 7%
$506,214
$506.2K
Cap Rate 9%
$393,722
$393.7K
Market Conditions
NOI Build-Up for 4,200 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$54.4K $12.96/SF
− Vacancy
−$3.8K −$0.91/SF
EGI
$50.6K $12.05/SF
− OpEx
−$15.2K −$3.62/SF
NOI
$35.4K $8.44/SF
Area
Cape Girardeau County, MO
Vacancy
7.00%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$708,700
Cap Rate 7%
$506,214
Cap Rate 9%
$393,722
Alternative Uses
Best Use
Self Storage
$506.2K
$442.9K – $590.6K
NOI $35,435 @ 7.0% cap · market cap 3.22%
Second Best
Warehouse
$465.8K
$407.6K – $543.4K
NOI $32,606 @ 7.0% cap · market cap 2.96%
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $92,751 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
60
Businesses Nearby
Explore this area
Business Placement
Demographics for 63755, MO
27,496
Population
10,867
Households
2.5
Avg Household Size
39
Median Age
35%
College-Educated
95%
High-School Grad
177.1 sq mi
ZIP Area
155
Density / Sq Mi
$82,841
Median Household Income
$41,876
Median Earnings
$977
Median Rent
$233,400
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 - Income-producing self-storage facility with 118 units totaling about 4,200 square feet on 2.65 acres.
Where is this self storage facility located?
The property is located at 687 S Old Orchard Road Jackson, MO.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Income‑producing self‑storage facility with 118 individual storage units totaling about 4,200 SF; Sits on a 2.65‑acre site along Old Orchard Road in Jackson, Missouri; Unit mix designed to serve both residential and commercial storage customers
