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Locked & Loaded Garage Storage Facility
For Sale
$250,000

16989 W TULIP Ct, Post Falls, ID 83854

COMMERCIAL - Post Falls, ID

Property Size1,250 SF
Lot Size0.07 Acres
Price / SF$200
Days on Market52

Property Features for 16989 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
Subdivision Hauser Industrial Park
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.
Standard status Active
APN 0K0990010060
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

gated
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 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 #SP39746
Added: Jun 16 Changed: Aug 4 Last Checked: Aug 6 at 7:06AM
MLS# 26-6195

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.

Investment Insights

Based on property information with market context.

This under-construction locked & loaded garage storage facility is planned for 2026 delivery, designed around secure, no-maintenance ownership within a gated setting. Site access is offered with 24-7 access and a video surveillance security system, and the property includes an on-site clubhouse with amenities plus private restrooms. Unit specifications provided include 25' x 50' fully insulated units with R19 walls and doors and R35 ceiling, each with single-phase 100-amp service, dedicated circuit, LED lighting, and a large 100'' ceiling fan. Units also include individual unit smart technology, and an optional natural gas 125k BTU heater is referenced.

Each unit is accessed by a 16' x 14' insulated steel overhead door with remote opener. Electrical options include 50-amp RV/boat outlets. The property materials include steel siding and steel framing, with metal roofing. Water is listed as well and sewer as a septic tank. Accessibility features include an accessible approach with ramp.

The facility is positioned for vehicle, boat, and RV/toy storage as well as light industrial and hobby use, with unit configurations described as customizable and combinable for larger setups.

Key Highlights

  • Gated self‑storage facility with 24‑7 access and video surveillance security system
  • Planned 2026 construction with steel siding, steel frame, and metal roof
  • 25' x 50' fully insulated units: R19 walls/doors and R35 ceiling

Financial Insights For Self Storage

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $16.5k $13.20
− Vacancy −$908 −$0.73
EGI $15.6k $12.47
− OpEx −$4.7k −$3.74
NOI $10.9k $8.73
1,250 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Self Storage
$155.9K
$136.4K – $181.9K (±1% cap)
NOI $10,915 @ 7.0% cap · market cap 4.37%
Second Best
Warehouse
$129.5K
$113.3K – $151.1K (±1% cap)
NOI $9,065 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$271.2K
$237.3K – $316.4K (±1% cap)
NOI $18,981 @ 7.0% cap · market cap 7.59%
Zoning and permitted uses should be independently verified with authorities.

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.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - Under construction gated self-storage facility offering 24-7 access, video surveillance, and insulated steel overhead doors.
Where is this self storage facility located?
The property is located at 16989 W TULIP Ct Post Falls, ID.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Gated self‑storage facility with 24‑7 access and video surveillance security system; Planned 2026 construction with steel siding, steel frame, and metal roof; 25' x 50' fully insulated units: R19 walls/doors and R35 ceiling
More about this property
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