Insulated Warehouse Condo with RV
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 Market100
Property Features for 16985 W TULIP Ct
General Information
Property type
Property subtype
Property condition
Zoning
Security features
Interior features
Exterior features
Basement
Accessibility
Lot features
View
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Legal Description
Utilities
Sewer type
Heating system
Water source
Amenities
24-7 access
video surveillance security system
private restrooms
Clubhouse
pool table
virtual golf
dartboard
office suites
conference room
kitchenette
smart technology
Building Details
Year built
Building materials
Roof type
Architectural style
Listing Agency:
Coldwell Banker Schneidmiller Realty · Coldwell Banker Real Estate
(800) 829-2555
Listed By:
Greg Rowley · License ID SP39746
(208) 659-6527
Added: Aug 7
Changed: Oct 28
Last Checked: Nov 14 at 12:06AM
MLS# 26-8153
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.
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Investment Insights
Based on property information with market context.
This under-construction warehouse condominium in Post Falls, Idaho, offers 1,250 square feet within a 25-by-50-foot fully insulated unit. The building includes R19 wall and door insulation, an R35 ceiling, a 16-by-14-foot insulated steel overhead door with remote opener, LED lighting, a 100-inch ceiling fan, and a natural gas 125,000 BTU heater. Electrical service includes three-phase 200-amp power, a dedicated circuit, and 50-amp RV or boat outlets. The property is zoned LIGHT INDUSTRIA and is scheduled for construction in 2026.
The gated facility provides 24/7 access, video surveillance, and individual unit smart technology. On-site common amenities include private restrooms, a clubhouse with a pool table, virtual golf, a dartboard, office suites, a conference room, and a kitchenette. The unit can be customized with floor coating, paint, a car lift, or a mezzanine/loft, and units may be combined into larger configurations.
The gated facility provides 24/7 access, video surveillance, and individual unit smart technology. On-site common amenities include private restrooms, a clubhouse with a pool table, virtual golf, a dartboard, office suites, a conference room, and a kitchenette. The unit can be customized with floor coating, paint, a car lift, or a mezzanine/loft, and units may be combined into larger configurations.
Key Highlights
- 1,250‑square‑foot warehouse condominium in a 25‑by‑50‑foot unit
- Three‑phase 200‑amp electrical service with dedicated circuit
- 50‑amp outlets for RV or boat storage
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
NOI $10,915 @ 7.0% cap · market cap 3.97%
Second Best
Warehouse
$129.5K
$113.3K – $151.1K
NOI $9,065 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$271.2K
$237.3K – $316.4K
NOI $18,981 @ 7.0% cap · market cap 6.90%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
$433,700
Median Home Value
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Market
Average Price Trend$/SF for Warehouses in Post Falls, ID
Properties on Market for Warehouses in Post Falls
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- My Shop : Executive Suites and Warehouse Space — 47.733991, -117.005160, Post Falls, ID 83854
- Ranch RV & Self Storage, Post Falls — 4328 W Grange Ave, Post Falls, ID 83854
- Long Dog Storage — 4157 W Grange Ave, Post Falls, ID 83854
- CDA Storage Units — 4421 W Grange Ave, Post Falls, ID 83854
- Post Falls Storage Solutions — 7778 Corn Maze Way, Hauser, ID 83854
Frequently Asked Questions
What type of property is this?
Warehouse - Light industrial-zoned unit with gated access, surveillance, and clubhouse amenities in Post Falls.
Where is this warehouse 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 warehouse condominium in a 25‑by‑50‑foot unit; Three‑phase 200‑amp electrical service with dedicated circuit; 50‑amp outlets for RV or boat storage
