Conditioned Storage
For Sale
$140,000
1183 E Exchange Street, Boise, ID 83716
Commercial Sale, Boise, ID
Property Size770 SF
Lot Size0.02 Acres
Price / SF$181.82
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
R2649311080
Size
770 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Description
See attached Exhibit A in Doc Tab
Tax Annual Amount
1130
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)
Amenities
clubhouse with kitchen and 2 bathrooms with showers
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
Changed: Sep 26
Last Checked: Oct 6 at 6:06AM
MLS# 99001669
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 770-square-foot storage condominium was built in 2023 and offers a 14' x 55' interior with concrete flooring. A mini-split HVAC system provides conditioned space, while dedicated 30-amp and 50-amp electrical service supports RV charging and related equipment. The unit is currently vacant.
The property is located in Boise near I-84 and Gowen Road, providing access for storing an RV, boat, or other valuables. An on-site clubhouse includes a kitchen and two bathrooms with showers, adding shared amenities to the storage facility.
The property is located in Boise near I-84 and Gowen Road, providing access for storing an RV, boat, or other valuables. An on-site clubhouse includes a kitchen and two bathrooms with showers, adding shared amenities to the storage facility.
Key Highlights
- 770‑square‑foot storage condo with a 14' x 55' interior
- Built in 2023 with concrete flooring
- Mini‑split HVAC for conditioned storage
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.
Property Analytics
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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
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
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Frequently Asked Questions
What type of property is this?
Self storage facility - Vacant, climate-controlled storage space with RV charging service and an on-site clubhouse.
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 $140,000.
What are key features of this property?
This property features: 770‑square‑foot storage condo with a 14' x 55' interior; Built in 2023 with concrete flooring; Mini‑split HVAC for conditioned storage
