Conditioned Storage
For Sale
$140,000
1183 E Exchange Street C10, Boise, ID 83716
A mini-split system and 30- and 50-amp service support conditioned storage and vehicle charging.
Property Size770 SF
Price / SF$181.82
Days on Market18
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Property Features for 1183 E Exchange Street C10
General Information
Standard status
Active
Size
770 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Self-Storage Units
1
Amenities
mini-split HVAC
30 & 50 amp service
Building Details
Year Built
2023
Listing Agency:
KW Commercial
Listed By:
Gregory Davis · License #SP32434
(208) 672-9000
Source:
Platzplace
Added: Sep 28
Changed: Oct 13
Last Checked: Oct 7 at 3:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial
Investment Insights
Based on property information with market context.
Built in 2023, this 770-square-foot storage condo measures 14 feet by 55 feet. A mini-split HVAC system provides conditioned interior space, and the unit includes 30- and 50-amp electrical service. It is vacant and available for use. The configuration can accommodate stored belongings or a boat or small RV, as described for the property.
The property is accessed from I-84 and Gowen Road. On-site shared amenities include a small clubhouse with a kitchen and two bathrooms equipped with showers.
The property is accessed from I-84 and Gowen Road. On-site shared amenities include a small clubhouse with a kitchen and two bathrooms equipped with showers.
Key Highlights
- 770‑square‑foot unit measuring 14' x 55'
- Mini‑split HVAC system for conditioned interior storage
- 30- and 50‑amp electrical service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,228
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$164,560
$164.6K
Cap Rate 7%
$117,543
$117.5K
Cap Rate 9%
$91,422
$91.4K
Market Conditions
NOI Build-Up for 770 SF
Gross rent
$10.6K $13.80/SF
− Vacancy
−$946 −$1.23/SF
EGI
$9.7K $12.57/SF
− OpEx
−$1.5K −$1.89/SF
NOI
$8.2K $10.69/SF
Area
Ada County, ID
Vacancy
8.90%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$164,560
Cap Rate 7%
$117,543
Cap Rate 9%
$91,422
Alternative Uses
Best Use
Warehouse
$117.5K
$102.9K – $137.1K
NOI $8,228 @ 7.0% cap · market cap 5.88%
Second Best
Self Storage
$104.2K
$91.2K – $121.6K
NOI $7,296 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$212.7K
$186.1K – $248.1K
NOI $14,886 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
196
Businesses Nearby
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Business Placement
Demographics for 83716, ID
21,583
Population
9,032
Households
2.4
Avg Household Size
40
Median Age
58%
College-Educated
97%
High-School Grad
1,039.1 sq mi
ZIP Area
21
Density / Sq Mi
$125,827
Median Household Income
$65,551
Median Earnings
$1,949
Median Rent
$573,300
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 Boise, ID
Frequently Asked Questions
What type of property is this?
Self storage facility - A mini-split system and 30- and 50-amp service support conditioned storage and vehicle charging.
Where is this self storage facility located?
The property is located at 1183 E Exchange Street C10 Boise, ID.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: 770‑square‑foot unit measuring 14' x 55'; Mini‑split HVAC system for conditioned interior storage; 30- and 50‑amp electrical service
