711 N FAIRVIEW RD, COLUMBIA, MO 65203

New Listing

$4,325,000

Property Type: Commercial/Indust. Lot Size (sq. ft.): 134,600 Status: Active

Current Price: $4,325,000 List Date: 11/04/2026 Last Modified: 11/05/2026

Overview

Description

With a pro forma cap rate of 6.1%, this new, non-climate-controlled 321-unit, 21,760 rentable sq ft storage center, built in 2025 by an experienced storage facility developer, is currently in the lease-up phase. It sits across from the mall, with excellent traffic counts and over 100,000 residents within a 5-mile radius. Plans are in place to expand it to 37,120 NRSF, adding 192 more doors. An additional estimated $496,679 investment for the expansion would bring a 10.3% cap rate. The units are comprised of storage lockers which can be classified as real or personal property depending on the owner's situation and are adjustable in size to meet market demand. (An offering memorandum is available upon request.) Columbia, MO is home to over 130k residents and the flagship campus of the

Supplements: University of Missouri, with a strong real estate and economic market that has historically fared better than the rest of the state and nation during economic downturns. Columbia consistently ranks among the best places to live nationally, with top employers in healthcare and education.

Listing Details MLS# 438356

Location, Tax & Legal

Area: Southwest
Street No #: 711
Street Direction: N
Street: FAIRVIEW
Street Suffix: RD
County: Boone
State/Province: MO
Zip Code: 65203
Mapping ID #: 1620400150010001

General Property Description

Type: Retail
Building Status: Existing
Sq Ft Source: Builders Plans
Age Description: 1 Dy-5 Yrs
Includes:: Real Estate and Business
Lot Acres: 3.09

Status Change Info

Status Change Date: 2026-11-04

Property Disclosure

Property Disclosure To Be Provided: No

Location Tax & Legal

Location: City of Columbia
Cross Street: Bernadette Dr
Zoning: Commercial
Actual Taxes $: 8439.7
Tax Yr: 2026
Legal Description: GORDON FARMS PLAT 1 LOT 1
Auction: No
Located within City of Columbia: Yes

More Information

Remarks & Misc

Directions: Stadium to West on Bernadette to South on Fairview

Licensee Per/Int Dis

Not Applicable: Yes

Equipment

Other/See Remarks: Yes

Possession

At Closing: Yes

Improved Structures

Yes: Yes

Info Available

Appraisal: Yes
Building Plan: Yes
Income Statements: Yes
Plat: Yes
Pro-Forma Statmnt: Yes
Rental Roles: Yes
Survey: Yes
Other/See Remarks: Yes

Road Frontage

City: Yes

Will Sell

Cash: Yes
Conventional: Yes

Zoning

M-C Mixed Use Corridor*: Yes

Property Features

Equipment: Other/See Remarks Improved Structures: Yes Info Available: Appraisal; Building Plan; Income Statements; Plat; Pro-Forma Statmnt; Rental Roles; Survey; Other/See Remarks Possession: At Closing Will Sell: Cash; Conventional Zoning: M-C Mixed Use Corridor*

Listing Office: Iron Gate Real Estate

Listing Agent: Laura Dooley

Co Listing Agent: Philip Dooley

Last Updated: November - 05 - 2026

Information deemed reliable but not guaranteed.