- For Sale $3,500,000
- Property Type Office - Storage
- Property Size 38,850 SF
- Lot Size 4.07 Acre
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 2023
- Date Updated May 20, 2026
Description
West Side of MarshalltownA modern, expanding 263 unit self-storage facility offered at $3,500,000, this property sits on a spacious 4.07-acre lot. The location benefits from strong local demographics, with an Average Household Income of $89,029 within a 1-mile radius. The facility is a new-construction asset, with Phase I completed in July 2023, consisting of four non-climate controlled buildings and one climate-controlled building. Phase I was fully leased by the Summer of 2025. Phase II, comprising five non-climate controlled buildings, was completed in October 2025. The total size of the facility is 38,850 SF. Significant value-add potential exists with Phase III, which has site plan approval.
Highlights
- 263 Units Plus Additional Land
- 3 Year Tax Abatement Commences In 2026
- Currently 38,850 SF On 4 Acres
- Offered At 6 Cap Based On Pro Forma
- Potential Value Add With Phase III
False
Contacts
Chris Fultz
NAI Iowa Realty Commercial
Location
Contact Listing Broker
Chris Fultz
NAI Iowa Realty Commercial