1308 Adair Ct, Cedar Rapids, IA 52404
1308 Adair Ct, Cedar Rapids, IA 52404
1308 Adair Ct, Cedar Rapids, IA 52404
1308 Adair Ct, Cedar Rapids, IA 52404
1308 Adair Ct, Cedar Rapids, IA 52404
1308 Adair Ct, Cedar Rapids, IA 52404
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JJ Johannes

JJ Johannes

+1(319) 540-1002
$ 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 Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202602075

Year Built 2025

Annual Tax Amount $205

Lot Size 3.490 Acres

Acres 3.49

Lot Dimensions 257 x 652

Property Sub-Type Business

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.

Location

State IA

County Linn

Zoning Comm

Direction Off Wright Brothers Blvd

Interior

Heating None

Cooling None

Flooring Concrete Slab Grade

Exterior

Utilities Available Electricity Available, Underground Utilities

Roof Type Metal

Building

Lot Size Range Two To Five Acres

Structure Type Steel Or Metal

Others

Tax ID 19292-01019-00000

Acceptable Financing Cash, Conventional, Exchange, Owner Financing

Listing Terms Cash, Conventional, Exchange, Owner Financing

Special Listing Condition Standard

Listed by Pinnacle Realty

NEARBY SCHOOLS & PROPERTIES

JJ Johannes

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(319) 540-1002

jj@thejohannesgroup.com

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1308 Adair Ct