43,380 sqft

$4,150,000

1308 Adair Ct. SW, Cedar Rapids IA, 52401

Price per sqft$95.67

Built in2025

Property size43,380 sqft

Property typeCommercial

Courtesy of Pinnacle Realty, Listing Contact:

Overview

Active

Listed Aug 10, 2026

Updated 6 days ago

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 60/168 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.

Additional information

MLS^® ID: 20263728

Interior Features

Basement: No

Exterior Features

Lot Size: 3.49 Acres

Other Property Details

Taxes: $65,000
Tax Frequency: Annually

Listings courtesy of IA - Northeast Iowa Regional Board of REALTORS® (NEIMLS / NEIRBR) as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Wapsie Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 6:06 AM UTC on 9/10/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.