1308 Adair Ct. SW, Cedar Rapids, IA 52401
1308 Adair Ct. SW, Cedar Rapids, IA 52401
1308 Adair Ct. SW, Cedar Rapids, IA 52401
1308 Adair Ct. SW, Cedar Rapids, IA 52401
1308 Adair Ct. SW, Cedar Rapids, IA 52401
1308 Adair Ct. SW, Cedar Rapids, IA 52401
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Listed by Trevis Adair • Pinnacle Realty
$ 4,250,000
Est. payment | /mo

3.49 Acres Lot


Save
$ 4,250,000
Est. payment | /mo
Save

3.49 Acres Lot

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20263728

Year Built 2025

Annual Tax Amount $204

Tax Year 2024

Lot Size 3.490 Acres

Acres 3.49

Property Sub-Type Industrial

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.

Location

State IA

County Linn

Zoning Commercial

Interior

Fireplace N

Exterior

View Y/N true

Others

Acceptable Financing NBR20263728

Listing Terms NBR20263728

Special Listing Condition Investment Sale

Nearby Locations

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EXIT Unlimited
EXIT Unlimited

Brokerage License ID: T06463000

+1(563) 231-7738

3250 Kennedy Cir, Dubuque, IA 52002, USA

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1308 Adair Ct. SW