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Secure Self-Storage Garage Condo

16985 W TULIP Ct, Post Falls, ID 83854

For Sale
$275,000

Commercial Sale, Commercial Condo, Post Falls, ID

Property Size1,250 SF
Lot Size0.07 Acres
Price / SF$220
Days on Market99

Property Features for 16985 W TULIP Ct

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Zoning LIGHT INDUSTRIA
Security features Security System
Interior features High Speed Internet, Handicap Restrooms, Moveable Walls
Exterior features Lighting, Handicap Access
Basement None
Accessibility Accessible Approach with Ramp
Lot features Level, Southern Exposure, Cul-De-Sac
View Territorial
Directions From Prairie Ave: South on Kira Rd, Right onto Tulip Court, to private gated entry.
Subdivision 02 - Post Falls
Standard status Active
APN 0M13700I0050
Size 1,250 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description HAUSER INDUSTRIAL PARK, LT 6 BLK 1 3051N05W
Legal Description HAUSER INDUSTRIAL PARK, LT 6 BLK 1 3051N05W

Utilities

Sewer type Septic Tank
Heating system Natural Gas
Water source Well

Amenities

24-7 access
video surveillance security system
Luxury Clubhouse
private restrooms
pool table
virtual golf
dartboard
office suites
conference room
kitchenette
individual unit smart technology

Building Details

Year built 2026
Building materials Steel Siding, Steel Frame
Roof type Metal
Architectural style Other
Listing Agency: Coldwell Banker Schneidmiller Realty · Coldwell Banker Real Estate
Listed By: Greg Rowley · License ID SP39746
Added: Aug 7 Changed: Oct 28 Last Checked: Nov 13 at 11:06PM
MLS# 26-8151

Copyright © 2026 Coeur d'Alene 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.

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 under-construction self-storage garage condominium is planned as a 1,250-square-foot, fully insulated unit with a 25-by-50-foot layout. Improvements include a 16-by-14-foot insulated steel overhead door, remote operation, LED lighting, a 100-inch ceiling fan, natural gas heating rated at 125,000 BTU, and 3-phase 200-amp electrical service. A dedicated circuit and 50-amp RV or boat outlets expand utility for specialized storage needs. Smart technology is provided at the individual-unit level.

The gated facility offers 24-hour access, video surveillance, private restrooms, and a clubhouse with a pool table, virtual golf, dartboard, office suites, conference room, and kitchenette. The unit can be customized with floor coating, paint, a car lift, or mezzanine and loft options. Larger configurations are available through unit combinations, including 25-by-100-foot drive-through and 50-by-50-foot layouts. The property is zoned LIGHT INDUSTRIA and uses well water and a septic tank.

Key Highlights

  • 1,250‑square‑foot unit with a 25‑by‑50‑foot layout
  • 16‑by‑14‑foot insulated steel overhead door with remote opener
  • 3‑phase 200‑amp electrical service and 50‑amp RV/boat outlets

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,915
Cap Rate
3.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$218,300 $218.3K
Cap Rate 7%
$155,929 $155.9K
Cap Rate 9%
$121,278 $121.3K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$16.5K $13.20/SF
− Vacancy
−$908 −$0.73/SF
EGI
$15.6K $12.47/SF
− OpEx
−$4.7K −$3.74/SF
NOI
$10.9K $8.73/SF
Area
Kootenai County, ID
Vacancy
5.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$218,300
Cap Rate 7%
$155,929
Cap Rate 9%
$121,278

Alternative Uses

Best Use
Self Storage
$155.9K
$136.4K – $181.9K (±1% cap)
NOI $10,915 @ 7.0% cap · market cap 3.97%
Second Best
Warehouse
$129.5K
$113.3K – $151.1K (±1% cap)
NOI $9,065 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$271.2K
$237.3K – $316.4K (±1% cap)
NOI $18,981 @ 7.0% cap · market cap 6.90%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Plumbing Service Electrical Service (Bike/Boat/Book/etc) Store Dental Office Cafe & Coffee Shop Kitchen & Bath Showroom

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

Lease Details

1
Drive-in doors
Yes
Fenced yard
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

53
Businesses Nearby

Demographics for 83854, ID

49,040
Population
20,440
Households
2.4
Avg Household Size
37
Median Age
23%
College-Educated
92%
High-School Grad
77.6 sq mi
ZIP Area
632
Density / Sq Mi
$72,820
Median Household Income
$41,223
Median Earnings
$1,311
Median Rent
$433,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Self storage facilities in Kootenai County, ID

$193 Jul
$190 Aug
$197 Sep
$192 Oct

Properties on Market for Self storage facilities in Kootenai County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Self storage facility - Gated access, surveillance, and clubhouse amenities support vehicle, boat, RV, hobby, and light industrial storage uses.
Where is this self storage facility located?
The property is located at 16985 W TULIP Ct Post Falls, ID.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1,250‑square‑foot unit with a 25‑by‑50‑foot layout; 16‑by‑14‑foot insulated steel overhead door with remote opener; 3‑phase 200‑amp electrical service and 50‑amp RV/boat outlets
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Includes: Price & PSF · Cap rate · Location · Zoning

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