Self-Storage Condominium with Electric Access
For Sale
Contact for pricing
903 Curie Street, Richland, WA 99354
Flat, ground-level access and an electric access door support storage use in a fully fenced, gated facility with electricity.
Property Size504 SF
Price / SF$113.59
Days on Market549
Property Features for 903 Curie Street
General Information
Standard status
Active
Size
504 SF
Property subtype
INDUSTRIAL
Listing Agency:
Associated Appraisers of Walla Walla LLC
Listed By:
Michael Fredrickson · License #21009558
(509) 522-2272
Source:
Moodyscre
Added: Apr 28, 2025
Changed: Oct 26
Last Checked: Oct 26 at 4:58PM
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 Associated Appraisers of Walla Walla LLC
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Investment Insights
Based on property information with market context.
The LuxeLocker Storage Condominiums include a 14’x36’ self-storage condominium unit with flat, ground level access and an electric, 14 foot electric access door. The unit is also equipped with electricity, and the facility provides on-site shared water and an RV sewage depository. The storage condominium is located inside a fully fenced facility with electric gate access.
Outside of insurance, taxes, and any applicable management fees, expenses are described as included in the owner’s CAM fees, helping simplify operating considerations.
This configuration supports owner-occupied storage and also works for commercial storage or potential rental use, depending on how the unit is managed.
Outside of insurance, taxes, and any applicable management fees, expenses are described as included in the owner’s CAM fees, helping simplify operating considerations.
This configuration supports owner-occupied storage and also works for commercial storage or potential rental use, depending on how the unit is managed.
Key Highlights
- 14’x36’ self‑storage condominium unit (504 SF)
- Flat, ground level access with an electric, 14 foot electric access door
- Electricity to the unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,229
Cap Rate
7.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$84,580
$84.6K
Cap Rate 7%
$60,414
$60.4K
Cap Rate 9%
$46,989
$47.0K
Market Conditions
NOI Build-Up for 504 SF
Gross rent
$6.5K $12.96/SF
− Vacancy
−$490 −$0.97/SF
EGI
$6.0K $11.99/SF
− OpEx
−$1.8K −$3.60/SF
NOI
$4.2K $8.39/SF
Area
Benton County, WA
Vacancy
7.50%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$84,580
Cap Rate 7%
$60,414
Cap Rate 9%
$46,989
Alternative Uses
Best Use
Self Storage
$60.4K
$52.9K – $70.5K
NOI $4,229 @ 7.0% cap · market cap 7.39%
Second Best
Warehouse
$45.0K
$39.4K – $52.5K
NOI $3,152 @ 7.0% cap · market cap 5.51%
Theoretical Best
Office A
$139.8K
$122.3K – $163.1K
NOI $9,785 @ 7.0% cap · market cap 17.09%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
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Business Placement
Demographics for 99354, WA
24,839
Population
10,807
Households
2.3
Avg Household Size
37
Median Age
42%
College-Educated
97%
High-School Grad
23.9 sq mi
ZIP Area
1,039
Density / Sq Mi
$88,601
Median Household Income
$50,192
Median Earnings
$1,299
Median Rent
$355,400
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Self storage facility - Flat, ground-level access and an electric access door support storage use in a fully fenced, gated facility with electricity.
Where is this self storage facility located?
The property is located at 903 Curie Street Richland, WA.
What is the asking price?
The asking price for this property is $57,250.
What are key features of this property?
This property features: 14’x36’ self‑storage condominium unit (504 SF); Flat, ground level access with an electric, 14 foot electric access door; Electricity to the unit
