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Gated Self-Storage Condo
For Sale
$250,000

16989 W TULIP Ct, Post Falls, ID 83854

Commercial Sale, Commercial Condo, Post Falls, ID

Property Size1,250 SF
Lot Size0.07 Acres
Price / SF$200
Days on Market143

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

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

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: Oct 28 Last Checked: Nov 5 at 1:06PM
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.

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 1,250-square-foot self-storage condo is under construction with a steel frame, metal roof, insulated enclosure, and natural gas heating. The unit includes single-phase 100-amp electrical service, a dedicated circuit, LED lighting, a 100-inch ceiling fan, and a 16-by-14-foot insulated steel overhead door with remote opener. A 50-amp outlet supports RV or boat storage, while smart-unit technology adds individual control features.

The gated facility provides 24-hour access and video surveillance, with shared amenities that include private restrooms, a clubhouse, virtual golf, a pool table, dartboard, office suites, conference room, and kitchenette. Located in Post Falls, Idaho, the property is designed for vehicle, boat, RV, hobby, light industrial, and investment uses. Optional customization includes floor coating, paint, car lift, mezzanine or loft installation, and expanded configurations.

Key Highlights

  • 1,250 SF self‑storage condo with a 25‑by‑50‑foot unit footprint
  • 16‑by‑14‑foot insulated steel overhead door with remote opener
  • Single‑phase 100‑amp service, dedicated circuit, LED lighting, and 50‑amp RV/boat outlet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,915
Cap Rate
4.37%
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 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. 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

Yes
Fenced yard
Yes
Utilities to site

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Gated, access-controlled storage unit with dedicated power, lighting, and an insulated overhead door.
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: 1,250 SF self‑storage condo with a 25‑by‑50‑foot unit footprint; 16‑by‑14‑foot insulated steel overhead door with remote opener; Single‑phase 100‑amp service, dedicated circuit, LED lighting, and 50‑amp RV/boat outlet
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Includes: Price & PSF · Cap rate · Location · Zoning

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