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Freshly Painted Self-Storage Condo

136-9049 N Horseshoe Bend Rd, Boise, ID 83714

For Sale
$269,000

Secure storage unit with upgraded power, exterior water access, and shared clubhouse amenities.

Property Size1,041 SF
Price / SF$258.41
Days on Market66

Property Features for 136-9049 N Horseshoe Bend Rd

General Information

Standard status Active
Size 1,041 SF

Site & Location

Neighborhood Northwest

Warehouse & Industrial

Power 50 amps
Self-Storage Units 1

Amenities

community clubhouse with kitchen, bathroom and conference room
remote gate and garage door openers
security cameras
dump station
Listing Agency: Silvercreek Realty Group
Listed By: Dan Canfield · License ID SP46483
Source: Exprealty
Added: Sep 10 Changed: Nov 11 Last Checked: Nov 12 at 11:47AM

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 Silvercreek Realty Group

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This self-storage condo at Eagle Storage Condos provides 1,041 square feet of enclosed storage space with a large roll-up door and a 50 Amp outlet. The unit has been freshly painted and includes a water spigot outside the entrance. Wide internal lanes support access and backing into the space, while a facility dump station adds practical utility for RV, boat, vehicle, and recreational equipment storage.

Property access is managed through a remote gate and garage door openers, with high-security cameras throughout the complex. Owners also have access to a community clubhouse with a kitchen, bathroom, and conference room. The property is located at 136-9049 N Horseshoe Bend Rd in Boise, Idaho.

Key Highlights

  • 1,041 SF self‑storage condo at Eagle Storage Condos
  • Freshly painted unit with a large roll‑up door
  • Upgraded 50 Amp outlet and exterior water spigot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,124
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$222,480 $222.5K
Cap Rate 7%
$158,914 $158.9K
Cap Rate 9%
$123,600 $123.6K
Market Conditions
NOI Build-Up for 1,041 SF
Gross rent
$14.4K $13.80/SF
− Vacancy
−$1.3K −$1.23/SF
EGI
$13.1K $12.57/SF
− OpEx
−$2.0K −$1.89/SF
NOI
$11.1K $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%
$222,480
Cap Rate 7%
$158,914
Cap Rate 9%
$123,600

Alternative Uses

Best Use
Warehouse
$158.9K
$139.1K – $185.4K (±1% cap)
NOI $11,124 @ 7.0% cap · market cap 4.14%
Second Best
Self Storage
$158.5K
$138.7K – $185.0K (±1% cap)
NOI $11,097 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$287.5K
$251.6K – $335.4K (±1% cap)
NOI $20,125 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick HVAC Service Law Firm Auto Parts Store (Bike/Boat/Book/etc) Store Locksmith Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

343
Businesses Nearby

Demographics for 83714, ID

26,181
Population
11,672
Households
2.2
Avg Household Size
43
Median Age
45%
College-Educated
94%
High-School Grad
54.2 sq mi
ZIP Area
483
Density / Sq Mi
$86,114
Median Household Income
$43,867
Median Earnings
$1,384
Median Rent
$468,100
Median Home Value

Market

Vacancy Rate% for Industrial in Boise, ID

3% 2020
1% 2021
2.9% 2022
5.7% 2023
7.7% 2024
9.1% 2025

Frequently Asked Questions

What type of property is this?
Self storage facility - Secure storage unit with upgraded power, exterior water access, and shared clubhouse amenities.
Where is this self storage facility located?
The property is located at 136-9049 N Horseshoe Bend Rd Boise, ID.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: 1,041 SF self‑storage condo at Eagle Storage Condos; Freshly painted unit with a large roll‑up door; Upgraded 50 Amp outlet and exterior water spigot
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Includes: Price & PSF · Cap rate · Location · Zoning

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