Five-Unit Warehouse Storage
For Sale
$642,500
6829 W Seltice Way, Post Falls, ID 83854
Commercial Sale, Warehouse, Post Falls, ID
Property Size5,000 SF
Price / SF$128.50
Days on Market155
Property Features for 6829 W Seltice Way
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Interior features
Storage, 3 Phase Power
Exterior features
Lighting
Basement
None
Lot features
Corner Lot, Level
Directions
GPS is accurate
Subdivision
02 - Post Falls
Standard status
Active
APN
TL5040022020
Size
5,000 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
Stateline Garage Villas Project Amend No 1, Unit 206 Bldg 2 & Undiv Int In Common Area 0150N06w
Tax Annual Amount
457
Legal Description
Stateline Garage Villas Project Amend No 1, Unit 206 Bldg 2 & Undiv Int In Common Area 0150N06w
Utilities
Sewer type
Septic Tank
Heating system
Natural Gas
Water source
Public
Amenities
restrooms
shower
electronic access gate
perimeter fencing
Building Details
Year built
2019
Building materials
Steel Siding, Aluminum Siding, Pole, Steel Frame
Roof type
Metal
Architectural style
Other
Additional Structures
Storage
Listing Agency:
Avalon 24 Real Estate
(208) 215-2044
Listed By:
Joel Elgee · License #DB30193
(509) 868-5264
Added: May 6
Changed: Sep 8
Last Checked: Oct 7 at 6:06PM
MLS# 26-4505
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 5,000-square-foot warehouse property, built in 2019, comprises five adjacent storage units that may be acquired together. Each unit measures approximately 1,000 square feet, with a 12' x 14' roll-up door, a 36'' x 80'' man door, and 16-foot ceilings. The improvements include steel and aluminum siding, a metal roof, natural gas heating, 50-amp electrical service, seven 110-volt outlets, six LED light bars, and 3-phase power. The units are suited to RV, boat, and commercial equipment storage based on the existing configuration.
The site is enclosed by full perimeter fencing and controlled by an electronic entry gate. Two restrooms are located approximately 150 feet from the units, including one with a shower. Public water and septic service are in place, and I-90 is approximately 1 mile away. The property is zoned Commercial and located in Post Falls, Idaho.
The site is enclosed by full perimeter fencing and controlled by an electronic entry gate. Two restrooms are located approximately 150 feet from the units, including one with a shower. Public water and septic service are in place, and I-90 is approximately 1 mile away. The property is zoned Commercial and located in Post Falls, Idaho.
Key Highlights
- 5,000 square feet across five adjacent warehouse storage units
- Each unit is approximately 1,000 square feet with 16' ceilings
- 12' x 14' roll‑up doors and 36'' x 80'' man doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,659
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$873,180
$873.2K
Cap Rate 7%
$623,700
$623.7K
Cap Rate 9%
$485,100
$485.1K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$66.0K $13.20/SF
− Vacancy
−$3.6K −$0.73/SF
EGI
$62.4K $12.47/SF
− OpEx
−$18.7K −$3.74/SF
NOI
$43.7K $8.73/SF
Area
Kootenai County, ID
Vacancy
5.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$873,180
Cap Rate 7%
$623,700
Cap Rate 9%
$485,100
Alternative Uses
Best Use
Self Storage
$623.7K
$545.7K – $727.7K
NOI $43,659 @ 7.0% cap · market cap 6.80%
Second Best
Warehouse
$518.0K
$453.3K – $604.4K
NOI $36,261 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$1.08M
$949.1K – $1.27M
NOI $75,924 @ 7.0% cap · market cap 11.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
16 ft
Clear height
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
197
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 83854, ID
49,040
Population
20,440
Households
2.4
Avg Household Size
37
Median Age
23%
College-Educated
92%
High-School Grad
77.6 sq mi
ZIP Area
632
Density / Sq Mi
$72,820
Median Household Income
$41,223
Median Earnings
$1,311
Median Rent
$433,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Similar Off Market Nearby
- Stateline Storage — 6808 W Seltice Way, Post Falls, ID 83854
- Hagadone Boat Storage — 581 N Beck Rd, Post Falls, ID 83854
Frequently Asked Questions
What type of property is this?
Warehouse - Steel-framed storage units offer tall ceilings, roll-up access, dedicated power, and secured site access.
Where is this warehouse located?
The property is located at 6829 W Seltice Way Post Falls, ID.
What is the asking price?
The asking price for this property is $642,500.
What are key features of this property?
This property features: 5,000 square feet across five adjacent warehouse storage units; Each unit is approximately 1,000 square feet with 16' ceilings; 12' x 14' roll‑up doors and 36'' x 80'' man doors
