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Council Bluffs, IA, 51501

Cohoe Storage & Business Center
$1,900,000

Key Information

Cap Rate
6.25%
$ per SF
$43
Tot. SF
43,931
Lot Size
2.99 Acres
Units
278
Year Built
1990
Type
Self Storage
Occupancy
62%
NOI
$118,374

Highlights

  • Strategic logistics hub (I-29, I-80, rail access): Council Bluffs sits at a major Midwest transportation crossroads, driving demand from trucking, warehousing, and small logistics operators that often need flexible storage.
  • Proximity to Omaha metro (population + economic spillover): Directly adjacent to Omaha, the area benefits from a larger regional economy, supporting residential storage demand from renters, students, and dual-state movers.
  • Stable employment base (railroads, manufacturing, distribution): Employers like Union Pacific and regional industrial firms create a steady workforce with ongoing storage needs tied to job transitions and equipment storage.
  • Affordable housing → higher mobility: Lower cost of living compared to nearby metros can correlate with higher renter share and life transitions (downsizing, relocations), which typically increases self-storage usage.
  • Tourism and gaming traffic (casinos, events): Visitor activity and short-term workers can create niche demand for temporary storage, especially for seasonal or contract-based employment.
  • Limited new supply vs. growing demand pockets: Compared to larger metros, Council Bluffs often sees slower self-storage development, which can create favorable occupancy and pricing power for well-located facilities.

Photos

Location

Agents

Broker of Record

Adam Marek

License # F03991000, S44830000 (IA)
Pacific Realty Commercial, LLC
11516 Miracle Hills Dr. Ste #400 Omaha, NE 68154