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Heated Self-Storage Condo
For Sale
$275,000

16985 W TULIP CT UNIT I-6, Post Falls, ID 83854

An insulated storage unit combines 24-hour access, dedicated electrical service, and shared clubhouse amenities.

Property Size1,250 SF
Price / SF$220
Days on Market81

Property Features for 16985 W TULIP CT UNIT I-6

General Information

Standard status Active
Size 1,250 SF
Property subtype Commercial Condo

Warehouse & Industrial

Drive-In Doors 1
Power 200 amps
Three-Phase Power Yes

Additional Details

Fenced Yard Yes
Property Use Storage

Amenities

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

Building Details

Building Size 1,250 SF
Year Built 2026
Listing Agency: Coldwell Banker Schneidmiller Realty
Listed By: Greg Rowley · License #SP39746
Source: Idaholuxe
Added: Aug 7 Changed: Oct 26 Last Checked: Oct 26 at 2:48PM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 2026-built self-storage condo measures 25'x50' and provides 1,250 square feet of insulated space. Wall and door insulation is rated R19, with R35 insulation at the ceiling. The unit has 3-phase 200-amp electrical service, 50-amp outlets for RVs or boats, LED lighting, a 100'' ceiling fan, and a natural gas 125k BTU heater. A 16'x14' insulated steel overhead door has a remote opener, and individual-unit smart technology is included.

The gated facility offers access 24-7 and video surveillance. Shared amenities include private restrooms, a clubhouse with virtual golf, a pool table and dartboard, plus office suites, a conference room and kitchenette. Unit options include floor coating, paint, a car lift, and mezzanine or loft additions. Units can also be combined into 25'x100' drive-through or 50'x50' configurations. Stated uses include vehicle, boat, RV and recreational equipment storage, hobby space, light industrial use and investment.

Key Highlights

  • 25'x50' unit with 1,250 square feet of insulated space
  • 3‑phase 200‑amp electrical service and 50‑amp RV/boat outlets
  • Natural gas 125k BTU heater and 16'x14' insulated steel overhead door

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

Current Use

Self storage facilities

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop HVAC Service

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

Location Intelligence

Trade Area within ½ mile

67
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

Market

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 - An insulated storage unit combines 24-hour access, dedicated electrical service, and shared clubhouse amenities.
Where is this self storage facility located?
The property is located at 16985 W TULIP CT UNIT I-6 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' unit with 1,250 square feet of insulated space; 3‑phase 200‑amp electrical service and 50‑amp RV/boat outlets; Natural gas 125k BTU heater and 16'x14' insulated steel overhead door
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