Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Storage Condo For Sale Boise, ID 83709

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $259,000

    Commercial grade storage condo with amenities in a gated project.

    Property size:
    1,010 SF

    Property Features for Storage Condo For Sale

    General Information

    Size
    1,010 SF

    We can help!

    Listing Contact
    Shane Jimenez, Cfo
    Source: Lee-associates

    Listing Agent: Shane Jimenez, Cfo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Falcon Storage Condo For Sale

    This Falcon Storage Condo is a commercial-grade, insulated storage unit within a private, gated project. The property includes access to a clubhouse equipped with restrooms with showers, a kitchenette, a dinette, and a media center. A service center provides an air station and RV dump. The unit features a 14' overhead door and a separate entry door. It is equipped with heat and AC, and includes a 50 Amp RV outlet. The property benefits from professional management and offers a straight shot from a 100' drive aisle for easy maneuvering of large trailers and RV's. The property size is 1010 square feet.
    Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Map

    City
    Boise
    County
    Ada
    State
    Idaho
    Longitude
    -116.287
    Latitude
    43.549

    Nearby Similar for Sale

    • $2,950,000
      Pending

      Boise Shooting Range and Home

      Established shooting range with home on 159+ acres near Boise.
      14000 E Double Tapp Ln, Boise, ID 83716
      View Details
    • $1,900,000
      11,000 SF

      Boise Bench Church Opportunity

      Versatile 11,000 sq ft Boise Bench property for community use.
      408 N Garden St, Boise, ID 83706
      View Details
    • $1,515,000
      Pending

      Boise Automotive Building with MX-1 Zoning

      Classic automotive building with redevelopment potential in Boise, Idaho.
      30 S Latah St, Boise, ID 83705
      View Details
    • $1,500,000
      3,000 SF

      Renovated Office Asset in Boise

      Fully renovated Class B office building with high-yield, turnkey opportunity.
      991 S Allante Pl, Boise, ID 83709
      View Details
    • $589,950
      1,543 SF

      Boise Live/Work Opportunity For Sale

      Exceptional SE Boise property with excellent visibility and convenient access.
      172 E Boise Ave, Boise, ID 83706
      View Details
    • $245,000
      Pending

      Storage Condo in Eagle, ID

      End-unit storage condo with security, convenience, and functionality.
      9049 N Horseshoe Bend Rd, Boise, ID 83714
      View Details
    • $1,750,000
      2,496 SF

      Updated Office Building Near Boise

      Stand-alone office building with recent updates and excellent exposure.
      860 W Beacon St, Boise, ID 83706
      View Details
    • New
      $3,499,000
      7,945 SF

      Multi-Building Commercial Holding in Boise

      Expansive commercial property with two buildings in a prime location.
      2304-2320 W Main St, Boise, ID 83702
      View Details
    • $1,150,000
      4,712 SF

      Renovated Boise Office Building Investment

      Fully leased office building with recent upgrades and high visibility.
      4210 W Emerald St, Boise, ID 83706
      View Details
    • $2,123,000
      4,192 SF

      Boise Commercial Investment Property

      NNN leased learning center with reliable tenant and annual increases.
      2490 S Cloverdale Rd, Boise, ID 83709
      View Details
    • $870,000
      2,730 SF

      Remodeled Duplex with Expansion Potential

      Remodeled duplex with potential for a third unit, fully furnished.
      2513 N 31St St, Boise, ID 83703
      View Details
    • $950,000
      2,729 SF

      Foothills Property with MCM Architecture

      Unique Boise property with income potential near downtown and Hyde Park.
      4480 N Kitsap Way, Boise, ID 83703
      View Details

    FAQs

    What type of property is this?
    Self storage facility - Commercial grade storage condo with amenities in a gated project.
    Where is this self storage facility located?
    The property is located at Storage Condo For Sale Boise, ID.
    What is the asking price?
    The asking price for this property is $259,000.
    What are key features of this property?
    This property features: - High-quality, insulated, commercial-grade storage condo in a private, gated project.; - Easy maneuvering with a straight shot from a 100' drive aisle for large trailers and RVs.; - Clubhouse amenities including restrooms with showers, kitchenette, dinette, and media center.
    (208) 602-4500
    Request Owner's contact information
    Storage Condo For Sale Boise, ID 83709
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Storage Condo For Sale
    Boise, ID 83709
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Storage Condo For Sale Boise, ID 83709
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Shane Jimenez, Cfo
    (208) 602-4500
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.