29891 Mo-5 Marceline, MO 64658
- Self storage facilities
- 15,224 SF
- 2.58 lot acres
Current Use by Public Records
- Self storage facilities
Property Details for 29891 Mo-5
- Lot size
- 2.58 lot acres
- Property size
- 15,224 SF
- Property type
- Self storage facilities
Description
This exceptional Class A self-storage facility in Marceline, Missouri presents a compelling investment opportunity. Boasting a strong 8.3% cap rate, this newly constructed (2021, 2023, 2024) facility offers 15,224 square feet of net rentable space, encompassing 91 units. Situated on a 2.58-acre lot at 29891 MO-5, 64658, the property benefits from convenient highway access (Highway 5) and features a gated facility with a 6-foot perimeter fence and advanced gate software. The property is equipped with 200 AMP power and water, and fiber internet is readily available. 24/7 surveillance ensures security. The asking price is $805,000, translating to $52.88 per square foot and $8,846.15 per unit. This multi-tenant, net-lease property requires minimal management, making it an ideal investment for passive income generation. The automated systems and high demand in the area contribute to its strong financial performance and potential for future growth. This turnkey operation is ready for immediate ownership and income generation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Marceline
- County
- Linn
- State
- Missouri
- Longitude
- -92.9425
- Latitude
- 39.7478