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202 E Ethel St - Fully leased storage complex 16,800 SF Specialty Building Offered at $849,900 at a 8.50% Cap Rate in Drexel, MO 64742

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EXECUTIVE SUMMARY

Prime Investment Opportunity – 84-Unit Storage Complex on 2.24 Acres in Drexel, MO Outstanding chance to own a proven income-producing property in the heart of Drexel, Missouri, just a short drive south of Kansas City and Overland Park, KS. This well-maintained 84-unit storage complex sits on 2.24 acres with excellent accessibility and visibility, serving both the local community and the surrounding region. All units are 10x20 and designed for durability and function, featuring 7 ft overhead doors, 12 ft ceiling heights, and concrete floors. The facility is currently producing a 10% cap rate, offering investors reliable cash flow from day one. Self-storage has long been recognized as one of the most recession-resistant and stable real estate asset classes, with consistent demand and historically strong occupancy rates. This property combines that stability with growth potential, as the acreage allows for future expansion to further increase revenue and long-term value. Whether you are looking to expand your investment portfolio or step into a turn-key business model with steady returns, this storage complex delivers the perfect balance of income, security, and scalability.

PROPERTY FACTS

Price $849,900
Price Per SF $50.59
Sale Type Investment
Cap Rate 8.50%
Sale Condition Business Value Included
Property Type Specialty
Property Subtype Self-Storage
Building Class C
Lot Size 14.49 AC
Building Size 16,800 SF
No. Stories 1
Year Built/Renovated 2011/2019
Zoning c1 - COmmercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 05-03.0-06-020-009-005.030
  • 05-03.0-06-020-009-002.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$128,660
  • Listing ID: 37827903

  • Date on Market: 9/25/2025

  • Last Updated:

  • Address: 202 E Ethel St, Drexel, MO 64742

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