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17023 W Tulip Ct, Post Falls, ID, 83854
Gated Light Industrial Garage Condos

17023 W Tulip Ct Post Falls, ID 83854

For Sale
$250,000

COMMERCIAL - Post Falls, ID

Property Size1,000 SF
Lot Size0.02 Acres
Price / SF$250
Days on Market177

Property Features for 17023 W Tulip Ct

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Light Indust.
Security features
Security System
Interior features
Handicap Facility, Handicap Restrooms
Exterior features
Lighting, Handicap Access
Basement
None
Accessibility
Accessible Approach with Ramp
Standard status
Active
APN
0K0990010050
Size
1,000 SF
Lot size
0.02 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
HAUSER INDUSTRIAL PARK, LT 5 BLK 1 3051N05WPARENT
Tax Annual Amount
782

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public

Building Details

Year built
2023
Building materials
Steel Siding, Frame
Roof type
Metal
Architectural style
Other
Listing Agency: CENTURY 21 Beutler & Associates
Listed By: Pamela Harmon · License #SP33147
Added: Jan 27 Changed: Jun 29 Last Checked: Jul 23 at 1:06PM
MLS# 26-781

Copyright © 2026 Coeur d'Alene Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This offering presents a set of “garage condo” style units in a gated, highly secured, private facility designed for vehicle, equipment, and light industrial use. The standard units are finished and insulated and include a 100 amp service, multiple electrical outlets (including one on a dedicated circuit), and LED shop lighting. Each unit features a 14 x 14 insulated garage door with remote, owner-operated garage door openers, along with 30 to 50 amp RV/boat outlet capability.

The property includes 25 drive-through units and 11 units equipped for potential bathroom installation. On-site, there is also an outdoor vehicle spray-off area and private access to restrooms. Zoning is listed as Light Indust., supporting a range of light industrial and storage-oriented operations.

For tenants, buyers, or operators looking for a low-maintenance, secured space to store vehicles or outdoor toys, run a small light industrial activity, or maintain a dedicated hobby/work area, the unit design and security features are built around controlled access and practical utility. Individual electrical service, insulated buildouts, and drive-through layouts can support everyday loading, unloading, and equipment use within the facility’s private setting.

Key Highlights

  • New 2023 construction with metal roof, steel siding/frame, and natural gas heating
  • Gated, highly secured garage condo facility designed for private storage and light industrial use
  • Standard 20 x 50 units are finished and insulated, including 100 amp service and multiple dedicated electrical outlets

Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $15.0k $15.00
− Vacancy −$600 −$0.60
EGI $14.4k $14.40
− OpEx −$4.3k −$4.32
NOI $10.1k $10.08
1,000 SF · lease $15.00/SF/yr · vacancy 4.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$144.0K
$126.0K – $168.0K (±1% cap)
NOI $10,080 @ 7.0% cap · market cap 4.03%
Second Best
Warehouse
$103.6K
$90.7K – $120.9K (±1% cap)
NOI $7,252 @ 7.0% cap · market cap 2.90%
Theoretical Best
Office A
$216.9K
$189.8K – $253.1K (±1% cap)
NOI $15,185 @ 7.0% cap · market cap 6.07%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop HVAC Service Electrical Service Gym & Fitness Center Garden Center Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - Secure, insulated garage condo units with drive-through options and electric service for light industrial storage.
Where is this flex space located?
The property is located at 17023 W Tulip Ct Post Falls, ID.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: New 2023 construction with metal roof, steel siding/frame, and natural gas heating; Gated, highly secured garage condo facility designed for private storage and light industrial use; Standard 20 x 50 units are finished and insulated, including 100 amp service and multiple dedicated electrical outlets
More about this property
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