321-Unit Self-Storage
711 N FAIRVIEW RD, Columbia, MO 65203
For Sale
New
Contact for pricing
Built in 2025, the non-climate-controlled property is leasing up and has a planned expansion.
Property Size21,760 SF
Price / SF$198.76
Days on Market5
Property Features for 711 N FAIRVIEW RD
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Self-Storage Units
Property Use
Building Details
Year Built
Listing Agency:
Iron Gate Real Estate
Listed By:
Philip Dooley · License MO #2009039841
(573) 356-8086
Source:
Crexi
Added: Nov 5
Changed: Nov 9
Last Checked: Nov 9 at 2:00PM
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
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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 self-storage property contains 321 non-climate-controlled units and 21,760 rentable square feet. The facility is in lease-up. Its storage lockers can be adjusted in size to respond to market demand, and their classification as real or personal property may vary by owner circumstances.
Expansion plans call for 192 additional doors, bringing the property to 37,120 NRSF. The site is across from a mall, and more than 100,000 residents live within a five-mile radius. Columbia is also home to the University of Missouri’s flagship campus and has major employment sectors in healthcare and education.
Expansion plans call for 192 additional doors, bringing the property to 37,120 NRSF. The site is across from a mall, and more than 100,000 residents live within a five-mile radius. Columbia is also home to the University of Missouri’s flagship campus and has major employment sectors in healthcare and education.
Key Highlights
- 321 non‑climate‑controlled storage units
- 21,760 rentable sq ft
- Built in 2025; currently in lease‑up
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$236,157
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,723,140
$4.7M
Cap Rate 7%
$3,373,671
$3.4M
Cap Rate 9%
$2,623,967
$2.6M
Market Conditions
NOI Build-Up for 21,760 SF
Gross rent
$292.5K $13.44/SF
− Vacancy
−$14.6K −$0.67/SF
EGI
$277.8K $12.77/SF
− OpEx
−$41.7K −$1.92/SF
NOI
$236.2K $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%
$4,723,140
Cap Rate 7%
$3,373,671
Cap Rate 9%
$2,623,967
Alternative Uses
Best Use
Warehouse
$3.37M
$2.95M – $3.94M
NOI $236,157 @ 7.0% cap · market cap 5.46%
Second Best
Self Storage
$1.80M
$1.58M – $2.10M
NOI $126,121 @ 7.0% cap · market cap 2.92%
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 - Built in 2025, the non-climate-controlled property is leasing up and has a planned expansion.
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 $4,325,000.
What are key features of this property?
This property features: 321 non‑climate‑controlled storage units; 21,760 rentable sq ft; Built in 2025; currently in lease‑up
