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4 S Catalpa St - Smartlock Self Storage - Dexter 15,960 SF Specialty Building Offered at $1,610,385 CAD in Dexter, MO 63841
Investment Highlights
- Self storage conversion opened in May 2023
- Noké locks throughout the property
- Can be purchased as a Portfolio with 5 other Smartlock Self Storage locations (MO, OK, TX)
- 100% climate controlled facility
- Remote managed facility with high tech
Executive Summary
Smartlock Self Storage is a 100% climate-controlled self storage facility located at 4 S. Catalpa Street in Dexter, Missouri, just half a mile south of the downtown core. The property operates as a conversion facility, offering 125 individual storage units totaling 13,730 rentable square feet within an enclosed, interior-access building. The facility is equipped with the Noké Smart Entry System, enabling fully automated, 24-hour tenant access via a mobile app, eliminating the need for on-site management and reducing operational overhead. Additionally, the rear portion of the building is an unfinished, approximately 5,000 SF sec¬tion rented as a large contractor space. The owner has plans for converting this space to additional climate control units.
Currently, the Smartlock location boasts occupancy of approximately 90% demonstrating the strength of the market and the operations of the well positioned asset.
Dexter is a small but stable community of approximately 8,000 residents located in Stoddard County in Missouri’s Bootheel region. The city serves as a regional trade center for the surrounding rural area and is home to a mix of agricultural, light in¬dustrial, and service-based employers. Dexter’s steady residential base and limited climate-controlled storage supply create favorable market dynamics for a modern, technology-enabled facility like Smartlock.
Can be purchased as a Portfolio with 5 other Smartlock Self Storage locations (MO, OK, TX)
Currently, the Smartlock location boasts occupancy of approximately 90% demonstrating the strength of the market and the operations of the well positioned asset.
Dexter is a small but stable community of approximately 8,000 residents located in Stoddard County in Missouri’s Bootheel region. The city serves as a regional trade center for the surrounding rural area and is home to a mix of agricultural, light in¬dustrial, and service-based employers. Dexter’s steady residential base and limited climate-controlled storage supply create favorable market dynamics for a modern, technology-enabled facility like Smartlock.
Can be purchased as a Portfolio with 5 other Smartlock Self Storage locations (MO, OK, TX)
Property Facts
| Price | $1,610,385 CAD | Lot Size | 1.45 AC |
| Price Per SF | $100.90 CAD | Building Size | 15,960 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1990 |
| Property Subtype | Self-Storage | Parking Ratio | 4.89/1,000 SF |
| Building Class | C | ||
| Zoning | Commercial | ||
| Price | $1,610,385 CAD |
| Price Per SF | $100.90 CAD |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 1.45 AC |
| Building Size | 15,960 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Parking Ratio | 4.89/1,000 SF |
| Zoning | Commercial |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 19-5.0-022-003-008-001.00000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $159,377 CAD |
Property Taxes
Parcel Number
19-5.0-022-003-008-001.00000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$159,377 CAD
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4 S Catalpa St - Smartlock Self Storage - Dexter
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