Share This Listing

Message

917 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

1600 McPherson Ave - Indian Hills Storage- 1600 McPherson Ave 56,938 SF Specialty Building Offered at $5,495,000 in Council Bluffs, IA 51503

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Prime location in Council Bluffs, IA (Omaha, NE MSA)
  • Secure gated access with video surveillance
  • 356 total units across all unit sizes; 89.6% current occupancy
  • Wide range of unit sizes, 100% climate controlled
  • Additional outdoor vehicle, RV, and boat storage
  • 10% across-the-board price increase effective 12/1/25

EXECUTIVE SUMMARY

Indian Hills Storage is a premier self-storage property in the heart of Council Bluffs at 1600 McPherson Ave. This well-maintained self-storage facility offers a unique investment opportunity with strong community visibility and easy access to major roadways, including I-80 and I-29.
Strategically situated on a 5.52-acre lot, the property features a range of unit sizes, including climate-controlled units, drive-up access, and outdoor vehicle/RV/boat parking. The facility is equipped with modern security systems, gated keypad entry, and 24/7 video surveillance, ensuring peace of mind for customers and operators alike.
With steady occupancy rates, convenient hours, and a reputation for reliable service, Indian Hills Storage is a turnkey asset ideal for investors or owner-operators looking to expand in a growing market. The location’s mix of residential and commercial neighbors drives consistent demand, while the site's layout supports potential expansion opportunities.
Whether you're seeking a high-performing asset or a long-term income generator in the Omaha–Council Bluffs metro area, this property delivers value, visibility, and versatility.

PROPERTY FACTS

Price $5,495,000
Price Per SF $96.51
Sale Type Investment or Owner User
Property Type Specialty
Property Subtype
Self-Storage
  • Specialty Contractor Storage Yard
Building Class C
Lot Size 5.52 AC
Building Size 56,938 SF
No. Stories 1
Year Built/Renovated 1972/1985
Tenancy Single
Parking Ratio 1.17/1,000 SF
Zoning R-3

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7543-29-376-004
Land Assessment
$248,700
Improvements Assessment
$4,270,400
Total Assessment
$4,519,100
  • Listing ID: 38555851

  • Date on Market: 11/24/2025

  • Last Updated:

  • Address: 1600 McPherson Ave, Council Bluffs, IA 51503

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}