Insulated Self Storage
For Sale
$275,000
16985 W TULIP CT UNIT I-5, Post Falls, ID 83854
Secure garage-style storage with flexible customization options and shared clubhouse amenities.
Property Size1,250 SF
Price / SF$220
Days on Market57
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Property Features for 16985 W TULIP CT UNIT I-5
General Information
Standard status
Active
Size
1,250 SF
Warehouse & Industrial
Drive-In Doors
1
Power
200 amps
Three-Phase Power
Yes
Additional Details
Fenced Yard
Yes
Amenities
24-7 access
video surveillance security system
private restrooms
Clubhouse with pool table
virtual golf
dartboard
office suites
conference room
kitchenette
individual unit smart technology
Listing Agency:
Coldwell Banker Schneidmiller Realty
(800) 829-2555
Listed By:
Greg Rowley · License #SP39746
(208) 659-6527
Source:
Brokersinclair
Added: Aug 20
Changed: Oct 8
Last Checked: Oct 14 at 10:53PM
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 Coldwell Banker Schneidmiller Realty
Investment Insights
Based on property information with market context.
This self storage unit measures 25 feet by 50 feet and is fully insulated with R19 walls and doors and an R35 ceiling. Improvements include 3-phase 200-amp electrical service, 50-amp RV/boat outlets, a dedicated circuit, LED lighting, a 100-inch ceiling fan, a natural gas 125,000 BTU heater, and a 16-by-14-foot insulated steel overhead door with remote opener. Individual smart technology is also included.
The gated property provides 24/7 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/loft options. Combination layouts are available for 25-by-100-foot drive-through or 50-by-50-foot configurations. The property is located at 16985 W Tulip Ct, Unit I-5, Post Falls, Idaho.
The gated property provides 24/7 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/loft options. Combination layouts are available for 25-by-100-foot drive-through or 50-by-50-foot configurations. The property is located at 16985 W Tulip Ct, Unit I-5, Post Falls, Idaho.
Key Highlights
- 25'x50' fully insulated unit with R19 walls/doors and R35 ceiling
- 3‑phase 200‑amp electrical service with 50‑amp RV/boat outlets
- 16'x14' insulated steel overhead door with remote opener
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.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
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
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Self storage facility - Secure garage-style storage with flexible customization options and shared clubhouse amenities.
Where is this self storage facility located?
The property is located at 16985 W TULIP CT UNIT I-5 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: 25'x50' fully insulated unit with R19 walls/doors and R35 ceiling; 3‑phase 200‑amp electrical service with 50‑amp RV/boat outlets; 16'x14' insulated steel overhead door with remote opener
