This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

311 Lower Business Park Rd
Linn Creek, MO 65052

Linn Creek Big Storage · Specialty Property For Sale · 10,000 SF

Executive Summary

Investment Highlights:
· 90% physically occupied
· Room to increase rents
· 2023 construction on contractor units
· Room for physical expansion

Investment Financials:
· Gross Potential Rent: $121,500
· Current Trailing 12-Months Rental Income: $105,422
· In-Place Annual Expenses: $10,942 (new investor expenses likely to increase)
· Current Trailing 10-Months Net Operating Income: $94,480
· Price/SF: $69.71

PROPERTY FACTS

Sale Type Investment or Owner User
Sale Conditions Business Value Included
Property Type Specialty
Property Subtype Self-Storage
Building Class B
Lot Size 1.20 AC
Building Size 10,000 SF
No. Stories 1
Year Built 2004

About 311 Lower Business Park Rd , Linn Creek, MO 65052

Call Jenna with any questions: 636-251-3334 Spanning across 2.42 acres, with road access from two sides. Located in Linn Creek, Missouri of Camden County, this facility offers 59 total units across 20,800 net rentable square feet. Mid Missouri Big Storage is located in the business park of Linn Creek off of Highway 54. Mid Missouri Big Storage’s unit mix is comprised of 10x50s, 18x50s and outdoor parking both covered and non-covered to meet all boat and RV storage needs. Contractor units were added to the location in May of 2023, offering a rentable space of 900 square feet complete with plumbing and electrical for contractors use. Mid Missouri Big Storage is equipped with security cameras, perimeter fencing for parking and dusk to dawn lighting. Mid Missouri Big Storage is a stabilized, cash flowing asset, offering value-add opportunities through various forms including, but not limited to, increased rents, administrative fees, tenant insurance and management software, as well as room physical expansion.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12 5.0 16.0 000.0 000 004.011
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$66,930

zoning

Zoning Code COMM.
COMM.
  • Listing ID: 31695868

  • Date on Market: 5/3/2024

  • Last Updated:

  • Address: 311 Lower Business Park Rd, Linn Creek, MO 65052

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}