Hayden Garage Town Storage
For Sale
$129,000
3100 W Dakota Avenue Unit # 319, Hayden, ID 83835
High-end storage unit in Hayden Garage Town.
Property Size560 SF
Price / SF$230.36
Days on Market169
Property Features for 3100 W Dakota Avenue Unit # 319
General Information
Standard status
Active
Size
560 SF
Zoning
Commercial
Building Details
Year Built
2006
Listing Agency:
Z Jones and Associates
Listed By:
Eric Hess · License #SP47293
(208) 818-4528
Source:
Purewestrealestate
Added: Mar 24
Changed: Sep 7
Last Checked: Jul 16 at 1:59AM
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 Z Jones and Associates
Investment Insights
Based on property information with market context.
This is a high-end storage unit located in Garage Town Hayden. Unit #506 measures 14' x 40' and includes a 14' overhead door with keyless entry. The unit is heated and features power and lighting. It is separately metered. Community amenities include a clubhouse, restrooms, and a shower.
Key Highlights
- Rare Garage Town unit in Hayden location.
- High‑end storage unit.
- 14' x 40' size with 14' overhead door.**
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$4,890
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$97,800
$97.8K
Cap Rate 7%
$69,857
$69.9K
Cap Rate 9%
$54,333
$54.3K
Market Conditions
NOI Build-Up for 560 SF
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.
Gross rent
$7.4K $13.20/SF
− Vacancy
−$407 −$0.73/SF
EGI
$7.0K $12.47/SF
− OpEx
−$2.1K −$3.74/SF
NOI
$4.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$97,800
Cap Rate 7%
$69,857
Cap Rate 9%
$54,333
Alternative Uses
Best Use
Self Storage
$69.9K
$61.1K – $81.5K
NOI $4,890 @ 7.0% cap · market cap 3.79%
Second Best
Industrial
$47.8K
$41.8K – $55.8K
NOI $3,345 @ 7.0% cap · market cap 2.59%
Theoretical Best
Office A
$121.5K
$106.3K – $141.7K
NOI $8,503 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
211
Businesses Nearby
Explore this area
Business Placement
Demographics for 83835, ID
23,157
Population
10,110
Households
2.3
Avg Household Size
46
Median Age
33%
College-Educated
95%
High-School Grad
99.4 sq mi
ZIP Area
233
Density / Sq Mi
$86,014
Median Household Income
$43,925
Median Earnings
$1,688
Median Rent
$502,400
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Self storage facility - High-end storage unit in Hayden Garage Town.
Where is this self storage facility located?
The property is located at 3100 W Dakota Avenue Unit # 319 Hayden, ID.
What is the asking price?
The asking price for this property is $129,000.
What are key features of this property?
This property features: Rare Garage Town unit in Hayden location.; High‑end storage unit.; 14' x 40' size with 14' overhead door.**
