REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 4,150,000
Est. payment | /mo
$ 4,150,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 747004
HOA Y/N No
Annual Tax Amount $204
Property Description
Now available: First Class Storage, a modern, high-demand storage facility strategically located next to the Eastern Iowa Airport. This is a turn-key opportunity to own the entire complex, offering both investment potential and immediate rental income.
Here are a few highlights including income & occupancy:
This site opened in November 1st, 2025
Occupancy is ahead of business plan.
?? Property Overview
Strong unit mix
Prime location with excellent visibility and easy access to major highways
Secure, well-maintained, and built for today's storage demands
?? Unit Mix & Rental Rates
10x20: 91 units | $135 /month
10x30: 69 Units | $165 /month
10x30: with electricity | $295 / month
14x40: w/o electricity | 5 Units | 5 occupied | $325 /month
14x40: with electricity | 3 Units | 3 occupied | $650 /month
Total Units: 168
OH Doors:
A typical self storage facility has 8'w x 7'h OH doors.
This site has larger OH Doors for easier entry and exit. Allows for storage of larger vehicles, boats, etc.
10x20 & 10x30 units have: 9'w x 8'h OH Doors.
14x40 units have: 12'w x 14'h OH Doors.
Site Information:
Seller carry Options (choose 1 option):
$25,500 monthly payment at 0.00% interest for 6 months.
$25,500 monthly payment at 2.00% interest for up to 12 months.
$25,500 monthly payment at 3.00% interest for up to 22 months.
Note: Selling price will go up as the site gets closer to stabilization.
Here are a few highlights including income & occupancy:
This site opened in November 1st, 2025
Occupancy is ahead of business plan.
?? Property Overview
Strong unit mix
Prime location with excellent visibility and easy access to major highways
Secure, well-maintained, and built for today's storage demands
?? Unit Mix & Rental Rates
10x20: 91 units | $135 /month
10x30: 69 Units | $165 /month
10x30: with electricity | $295 / month
14x40: w/o electricity | 5 Units | 5 occupied | $325 /month
14x40: with electricity | 3 Units | 3 occupied | $650 /month
Total Units: 168
OH Doors:
A typical self storage facility has 8'w x 7'h OH doors.
This site has larger OH Doors for easier entry and exit. Allows for storage of larger vehicles, boats, etc.
10x20 & 10x30 units have: 9'w x 8'h OH Doors.
14x40 units have: 12'w x 14'h OH Doors.
Site Information:
Seller carry Options (choose 1 option):
$25,500 monthly payment at 0.00% interest for 6 months.
$25,500 monthly payment at 2.00% interest for up to 12 months.
$25,500 monthly payment at 3.00% interest for up to 22 months.
Note: Selling price will go up as the site gets closer to stabilization.
Location
State IA
County Linn
Area Cedar Rapids
Zoning Com
Interior
Fireplace No
Exterior
Private Pool No
Others
Tax ID 192920101900000
Monthly Total Fees $17
Acceptable Financing Cash, Conventional, Contract, See Remarks
Listing Terms Cash, Conventional, Contract, See Remarks
©2026 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by Pinnacle Realty, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "