1600 McPherson Ave - Self-Storage Facilities FOR SALE


Council Bluffs, IA 51503
$5,495,000 USD
303-962-9539
1600 McPherson Ave, Council Bluffs, IA for Sale
$5,495,000 USD
Self-Storage Facilities - FOR SALE
1/21
null | Request Cap Rate

1600 McPherson Ave
Council Bluffs, IA 51503


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$5,495,000 USD

PRICE/SF

$97 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Indian Hills Storage- 1600 McPherson Ave

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

ADD'L SUBTYPES

Contractor Storage Yard

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

5.52 AC

LAND SF

240,321 SF

ZONING

R-3

APN/PARCEL ID

7543-29-376-004

ASK ABOUT THIS PROPERTY

Thomas GraevePinnacle Real Estate AdvisorsMore Info
303-962-9539

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Thomas GraevePinnacle Real Estate AdvisorsMore Info
303-962-9539

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.