Building Details

Year Built 1988

Listing Agency: Iowa Realty Altoona Show Phone

Listed By: Jodie Hawley Show Phone

Source: Prometrorealty

Added: Sep 29 Changed: Nov 1 Last Checked: Nov 1 at 1:45AM

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Investment Insights

Based on property information with market context.

This self-storage property in Colfax includes 30 enclosed units and 11 outdoor storage spaces, for 41 rental opportunities. Unit configurations include 10x25, 10x10, and 5x10, alongside exterior spaces suitable for boats, campers, trailers, and vehicles. The 3,792-square-foot property was built in 1988 and includes an established storage operation.

Key Highlights

• 30 enclosed storage units and 11 outdoor spaces
• 41 rental opportunities across indoor and outdoor storage
• Unit sizes include 10x25, 10x10, and 5x10

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Building Supply HVAC Service Hair Salon Grocery & Convenience Store Garden Center Storage Facility

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

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

124

Businesses Nearby

Explore this area Business Placement

Demographics for 50054, IA

3,471

Population

1,250

Households

2.8

Avg Household Size

42

Median Age

24%

College-Educated

95%

High-School Grad

61.0 sq mi

ZIP Area

57

Density / Sq Mi

$91,204

Median Household Income

$46,154

Median Earnings

$842

Median Rent

$197,400

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

Frequently Asked Questions

What type of property is this?

Self storage facility - An established storage operation combines enclosed units with outdoor spaces for vehicle and equipment storage.

Where is this self storage facility located?

The property is located at 805 W State Street Colfax, IA.

What is the asking price?

The asking price for this property is $100,000.

What are key features of this property?

This property features: 30 enclosed storage units and 11 outdoor spaces; 41 rental opportunities across indoor and outdoor storage; Unit sizes include 10x25, 10x10, and 5x10