15956 Veterans Memorial Pkwy Wright City, MO 63390
This exceptional self-storage investment opportunity presents a 19,950 square foot facility located in Wright City, Missouri, boasting 141 units and a remarkable 92% occupancy rate. Built in 2013 and renovated in 2020, this single-story facility sits on a 3.69-acre lot, offering significant expansion potential. Currently operating at high occupancy, the property is strategically positioned on Veterans Memorial Parkway with excellent visibility from I-70, experiencing 26,000 vehicles per day. The asking price is $1,400,000, translating to $70.18 per square foot and $9,929.08 per unit. Located in the rapidly growing western suburbs of St. Louis, this property presents a compelling investment opportunity with substantial upside potential. The facility's prime location and high occupancy provide a strong foundation for future growth, with the possibility of adding over 24,000 square feet of additional storage space, increasing the total to 44,680 square feet. Further revenue streams can be generated through the addition of ancillary services such as tenant protection plans and truck rental commissions. This is a rare chance to acquire a well-established, high-performing self-storage facility with significant room for expansion and increased profitability in a desirable market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.