0 Baths

$4,325,000

711 N FAIRVIEW RD, COLUMBIA MO, 65203

Price per sqftN/A

Property typeCommercial

Overview

Active

Listed Nov 4, 2026

Updated 6 days ago

With a pro forma cap rate of 6.1%, this new, non-climate-controlled 321-unit, 21,760 rentable sq ft storage center, built in 2025 by an experienced storage facility developer, is currently in the lease-up phase. It sits across from the mall, with excellent traffic counts and over 100,000 residents within a 5-mile radius. Plans are in place to expand it to 37,120 NRSF, adding 192 more doors. An additional estimated $496,679 investment for the expansion would bring a 10.3% cap rate. The units are comprised of storage lockers which can be classified as real or personal property depending on the owner's situation and are adjustable in size to meet market demand. (An offering memorandum is available upon request.) Columbia, MO is home to over 130k residents and the flagship campus of the University of Missouri, with a strong real estate and economic market that has historically fared better than the rest of the state and nation during economic downturns. Columbia consistently ranks among the best places to live nationally, with top employers in healthcare and education.

Additional information

MLS^® ID: 438356

Interior Features

Bathrooms: 0
Basement: No

Exterior Features

Lot Size: 3.09 Acres

Other Property Details

Taxes: $8,440
Tax Frequency: Annually

Listed by Laura Dooley with Iron Gate Real Estate
Listing Contact: 573-999-0123

The IDX display contains information sourced from the Columbia Board Of REALTORS® as of 11/6/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 11/6/2026 at 3:40 AM UTC