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Insulated Warehouse Unit
For Sale
$250,000

16989 W TULIP CT UNIT H-9, Post Falls, ID 83854

Gated entry, round-the-clock access and shared clubhouse amenities complement storage and workspace options.

Property Size1,250 SF
Price / SF$200
Days on Market81

Property Features for 16989 W TULIP CT UNIT H-9

General Information

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

Warehouse & Industrial

Warehouse Space 1,250 SF
Power 100 amps
Three-Phase Power No

Additional Details

Utilities to Site Yes
Property Use Self Storage

Amenities

24/7 access
video surveillance security system
private restrooms
Clubhouse with 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 3:01PM

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
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 warehouse unit measures 25 by 50 feet and was built in 2026. Insulation includes R-19 walls and doors and an R-35 ceiling. A 16-by-14-foot insulated steel overhead door has a remote opener, while interior features include LED lighting, a 100-inch ceiling fan and a natural gas 125,000 BTU heater. Electrical service is single-phase, 100-amp, with a dedicated circuit and 50-amp RV or boat outlets. Smart technology is provided for the individual unit.

The gated property offers 24-hour access and video surveillance. Shared facilities include private restrooms, a clubhouse with virtual golf, a pool table and darts, plus office suites, a conference room and kitchenette. Optional unit improvements include floor coating, paint, a car lift and mezzanine or loft configurations. Units may also be combined into 25-by-100-foot drive-through layouts or 50-by-50-foot configurations. Stated applications include vehicle, boat and RV storage, hobby space, light industrial use and investment.

Key Highlights

  • 1,250‑square‑foot unit with 25‑by‑50‑foot dimensions; R‑19 walls and doors and R‑35 ceiling
  • 16‑by‑14‑foot insulated steel overhead door with remote opener
  • Single‑phase 100‑amp service, dedicated circuit and 50‑amp RV or boat outlets

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,065
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$181,300 $181.3K
Cap Rate 7%
$129,500 $129.5K
Cap Rate 9%
$100,722 $100.7K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$11.3K $9.00/SF
− Vacancy
−$585 −$0.47/SF
EGI
$10.7K $8.53/SF
− OpEx
−$1.6K −$1.28/SF
NOI
$9.1K $7.25/SF
Area
Kootenai County, ID
Vacancy
5.20%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$181,300
Cap Rate 7%
$129,500
Cap Rate 9%
$100,722

Alternative Uses

Best Use
Warehouse
$129.5K
$113.3K – $151.1K (±1% cap)
NOI $9,065 @ 7.0% cap · market cap 3.63%
Second Best
Industrial
$106.6K
$93.3K – $124.4K (±1% cap)
NOI $7,465 @ 7.0% cap · market cap 2.99%
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

Current Use

Flex space

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

67
Businesses Nearby
Under-served
Demand for This Use

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?
Warehouse - Gated entry, round-the-clock access and shared clubhouse amenities complement storage and workspace options.
Where is this warehouse located?
The property is located at 16989 W TULIP CT UNIT H-9 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‑square‑foot unit with 25‑by‑50‑foot dimensions; R‑19 walls and doors and R‑35 ceiling; 16‑by‑14‑foot insulated steel overhead door with remote opener; Single‑phase 100‑amp service, dedicated circuit and 50‑amp RV or boat outlets
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