$849,900

202 E Ethel Street, Drexel, MO 64742

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2011
  • Property Lot Size Icon2.24acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Prime Investment Opportunity – 84-Unit Storage Complex on 2.24 Acres in Drexel, MO Outstanding chance to own a proven income-producing property in the heart of Drexel, Missouri, just a short drive south of Kansas City and Overland Park, KS. This well-maintained 84-unit storage complex sits on 2.24 acres with excellent accessibility and visibility, serving both the local community and the surrounding region. All units are 10x20 and designed for durability and function, featuring 7 ft overhead doors, 12 ft ceiling heights, and concrete floors. The facility is currently producing a 10% cap rate, offering investors reliable cash flow from day one. Self-storage has long been recognized as one of the most recession-resistant and stable real estate asset classes, with consistent demand and historically strong occupancy rates. This property combines that stability with growth potential, as the acreage allows for future expansion to further increase revenue and long-term value. Whether you are looking to expand your investment portfolio or step into a turn-key business model with steady returns, this storage complex delivers the perfect balance of income, security, and scalability.

Listing Status:
Active
Listing Office:
Remax Signature : 816-318-7299
Listing Agent:
Dakota Chapin : 573-301-6042
MLS ID:
2577646
  • General: Building SignStorage
  • Parking: CoveredParking Lot
  • Road/Access: City Street
  • Originating MLS: hmls
  • County: Bates
  • Zoning: C105-03.0-06-020-009-002.000
  • Current Use: Self Storage
  • Utilities: Other
  • Source: hmls

This listing courtesy of Dakota Chapin, Remax Signature

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Drexel Elementary School

207 S 4th St, Drexel, MO, 64742

Grades PK-6

0.32 miles away

D

Drexel High School

207 S 4th St, Drexel, MO, 64742

Grades 7-12

0.32 miles away

D

Drexel High School

207 S 4th St, Drexel, MO, 64742

Grades 7-12

0.32 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.