Climate-Controlled Storage
For Sale
$230,000
2007 Saturn Way, Boise, ID 83709
Insulated commercial unit supports vehicle storage, hobby work, and workshop use.
Property Size1,012 SF
Price / SF$227.27
Days on Market63
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Property Features for 2007 Saturn Way
General Information
Standard status
Active
Size
1,012 SF
Property subtype
Commercial
Warehouse & Industrial
Clear Height
18 ft
Drive-In Doors
1
Self-Storage Units
1
Amenities
clubhouse
kitchenette
dining
lounging room with media center
restrooms with showers
security camera system
air station
RV dump station with water service
Garage: 1 - 5 Spaces
1 - 5 Spaces
Building Details
Year Built
2023
Listing Agency:
Keller Williams Realty Boise
Listed By:
Erich Hamm · License #SP43964
(208) 672-9000
Source:
Clearwaterproperties
Added: Aug 14
Changed: Oct 15
Last Checked: Oct 14 at 10:42PM
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 Keller Williams Realty Boise
Investment Insights
Based on property information with market context.
This 1,012-square-foot storage condo was built in 2023 and is configured for substantial vehicle and equipment storage. The 24’x45’ unit is climate controlled, fully insulated, and finished with epoxy flooring. An electric 14’ roll-up door opens to 18’ ceilings, providing clearance for a trailer, multiple vehicles, or a large RV. The unit is in Building 7 and includes room to maneuver larger recreational vehicles and trailers.
The fully fenced community includes a security camera system, air station, and RV dump station with water service. Shared clubhouse amenities include a kitchenette, dining area, lounge with media center, and restrooms with showers. Clubhouse access is also available at Falcon Storage Condos locations in Idaho, Oregon, Arizona, and Utah.
The fully fenced community includes a security camera system, air station, and RV dump station with water service. Shared clubhouse amenities include a kitchenette, dining area, lounge with media center, and restrooms with showers. Clubhouse access is also available at Falcon Storage Condos locations in Idaho, Oregon, Arizona, and Utah.
Key Highlights
- 1,012 SF storage condo built in 2023
- 24’x45’ climate‑controlled, fully insulated unit
- Electric 14’ roll‑up door with 18’ ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,814
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$216,280
$216.3K
Cap Rate 7%
$154,486
$154.5K
Cap Rate 9%
$120,156
$120.2K
Market Conditions
NOI Build-Up for 1,012 SF
Gross rent
$14.0K $13.80/SF
− Vacancy
−$1.2K −$1.23/SF
EGI
$12.7K $12.57/SF
− OpEx
−$1.9K −$1.89/SF
NOI
$10.8K $10.69/SF
Area
Ada County, ID
Vacancy
8.90%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$216,280
Cap Rate 7%
$154,486
Cap Rate 9%
$120,156
Alternative Uses
Best Use
Warehouse
$154.5K
$135.2K – $180.2K
NOI $10,814 @ 7.0% cap · market cap 4.70%
Second Best
Self Storage
$137.0K
$119.9K – $159.8K
NOI $9,589 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$279.5K
$244.6K – $326.1K
NOI $19,564 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
18 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
812
Businesses Nearby
Explore this area
Business Placement
Demographics for 83709, ID
59,461
Population
22,262
Households
2.7
Avg Household Size
38
Median Age
37%
College-Educated
96%
High-School Grad
33.7 sq mi
ZIP Area
1,764
Density / Sq Mi
$88,893
Median Household Income
$48,981
Median Earnings
$1,743
Median Rent
$440,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Boise, ID
Frequently Asked Questions
What type of property is this?
Self storage facility - Insulated commercial unit supports vehicle storage, hobby work, and workshop use.
Where is this self storage facility located?
The property is located at 2007 Saturn Way Boise, ID.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 1,012 SF storage condo built in 2023; 24’x45’ climate‑controlled, fully insulated unit; Electric 14’ roll‑up door with 18’ ceilings
