Conditioned Self-Storage
For Sale
$86,000
1183 E Exchange Street, Boise, ID 83716
Commercial Sale, Boise, ID
Property Size480 SF
Lot Size0.01 Acres
Price / SF$179.17
Days on Market14
Property Features for 1183 E Exchange Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
I-1 (light industrial)
Lot features
Sm Lot 5999 S F
Directions
I-84 to Gowen road Exit, W on Gowen, N on Exchange St to address.
Standard status
Active
APN
R2649310460
Size
480 SF
Lot size
0.01 Acres
Taxes and HOA fees
Tax Description
See attached Exhibit A in Doc Tab
Tax Annual Amount
706
Legal Description
See attached Exhibit A in Doc Tab
Utilities
Heating system
Electric (Heating), Ductless (Heating)
Cooling system
Window Unit(s), Ductless, Wall/Window Unit(s)
Building Details
Year built
2023
Number of units
1
Flooring type
Concrete
Listing Agency:
KW Commercial · Keller Williams Realty
(208) 475-1313
Listed By:
Gregory Davis · License #SP32434
(208) 739-3175
Added: Sep 23
Last Checked: Oct 6 at 8:06AM
MLS# 99001666
Copyright © 2026 Intermountain 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 self-storage unit contains 480 square feet within a 12' x 40' configuration and was built in 2023. A ductless mini-split system provides heating and cooling, while an additional 110v outlet supports a trickle charger or other small electrical device. Concrete flooring is installed throughout the unit, which can accommodate stored belongings, a boat, or a small RV based on the stated dimensions.
The unit is currently leased on a month-to-month basis, providing flexibility for continued occupancy or personal use. Access is available from I-84 and Gowen Road. The property is located at 1183 E Exchange Street in Boise, Idaho, within Ada County.
The unit is currently leased on a month-to-month basis, providing flexibility for continued occupancy or personal use. Access is available from I-84 and Gowen Road. The property is located at 1183 E Exchange Street in Boise, Idaho, within Ada County.
Key Highlights
- 480‑square‑foot self‑storage unit
- 12' x 40' unit dimensions
- Ductless mini‑split HVAC system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,129
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$102,580
$102.6K
Cap Rate 7%
$73,271
$73.3K
Cap Rate 9%
$56,989
$57.0K
Market Conditions
NOI Build-Up for 480 SF
Gross rent
$6.6K $13.80/SF
− Vacancy
−$590 −$1.23/SF
EGI
$6.0K $12.57/SF
− OpEx
−$905 −$1.89/SF
NOI
$5.1K $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%
$102,580
Cap Rate 7%
$73,271
Cap Rate 9%
$56,989
Alternative Uses
Best Use
Warehouse
$73.3K
$64.1K – $85.5K
NOI $5,129 @ 7.0% cap · market cap 5.96%
Second Best
Self Storage
$65.0K
$56.9K – $75.8K
NOI $4,548 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$132.6K
$116.0K – $154.7K
NOI $9,279 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
196
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Boise, ID
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Self storage facility - Ductless HVAC, electrical service, and flexible month-to-month occupancy support secure vehicle or personal-item storage.
Where is this self storage facility located?
The property is located at 1183 E Exchange Street Boise, ID.
What is the asking price?
The asking price for this property is $86,000.
What are key features of this property?
This property features: 480‑square‑foot self‑storage unit; 12' x 40' unit dimensions; Ductless mini‑split HVAC system
