USAIACedar Rapids1308 Adair Ct Sw
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$4,250,000

For Sale

6 days ago

1308 Adair Ct Sw, Cedar Rapids, IA

House

MLS® 20263728

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Industrial
Levels Commercial Sale
Size -
Garage 
Taxes $204
Days Active 6
Lot Size 3.49 Acres
Approx. Age 2025
MLS® Number 20263728

Property Address: 1308 Adair Ct Sw, Cedar Rapids, IA, 52404-7200

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number20263728
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2025
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 10, 2026List Date
$4,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
1308 Adair Ct Sw, Cedar Rapids, IA

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