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    Secured Storage Condo with RV Hookup Title is generated by Realmo AI

    4002 N Boyer Rd Unit 513, Sandpoint, ID 83864

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    New
    For Sale
    $175,000

    COMMERCIAL - Sandpoint, ID

    Property size:
    1,000 SF
    Lot size:
    0.02 Acres
    Price / SF:
    $175/SF
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 1:06 am

    Property Features for 4002 N Boyer Rd Unit 513

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Property condition
    Under Construction
    Zoning
    Light Indust.
    Security features
    Security System
    Interior features
    High Speed Internet
    Basement
    None
    Standard status
    Active
    APN
    RPS7350C033010A
    Size
    1,000 SF
    Lot size
    0.02 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    See Private Remarks
    Tax Annual Amount
    1029

    Utilities

    Heating system
    Forced Air, Other (Heating), Natural Gas

    Building Details

    Year built
    2024
    Building materials
    Steel Siding, Steel Frame
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Wyatt Luedecke
    Wyatt Luedecke

    Listing agent Wyatt Luedecke License #SP49085

    Listing office EXP Realty 1653 E Braemere, Boise, ID

    Listing date Jun 2, 2026

    MLS# 26-5607

    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.

    HighLights

    • Big Toy Condos “The Standard” measures 20 x 50
    • Year built 2024; property is under construction
    • Each finished unit features 16' ceilings with LED light strips
    • 110v outlets with 100‑amp service plus a 50‑amp dedicated RV/boat hookup
    • 14' insulated garage door with personal opener and individual man door
    • On‑site clubhouse with kitchen/bar, restroom/shower, gym, lounge, and a pickleball court

    Overview

    “The Standard” storage condo measures 20x50 and is completely finished for immediate use. The unit features 16’ ceilings with LED light strips, a 14’ insulated garage door with a personal opener, and an individual man door for convenient day-to-day access. Electrical and comfort are built in, with 110v outlets, a 100amp service, a 50 amp dedicated RV/boat hookup, heat, and Wi‑Fi. A unit like this is designed to support equipment storage while maintaining a clean, secure interior.

    Located in Sandpoint, Idaho, this property is zoned Light Indust. Onsite amenities include a clubhouse with a kitchen/bar, restroom/shower, gym, lounge area, and a pickleball court. Additional infrastructure includes an onsite trash dumpster, an owners-only wash down area, and an RV dump station across the road.

    Big Toy Condos are positioned as highly secured storage spaces with a range of practical options. They can serve owners storing boats, RVs, razors, snowmobiles, and dirt bikes, while also fitting operators looking for general storage or business warehousing. With the unit’s ready-to-use utilities and dedicated hookups, this setup can be a strong long-term investment for buyers seeking flexible, amenity-rich storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sandpoint
    County
    Bonner
    State
    Idaho
    Longitude
    -116.556933
    Latitude
    48.307466

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    FAQs

    What type of property is this?
    Self storage facility - Individually metered, fully finished unit with high ceilings, power, and a dedicated RV/boat hookup for versatile storage or warehousing.
    Where is this self storage facility located?
    The property is located at 4002 N Boyer Rd Unit 513 Sandpoint, ID.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: Big Toy Condos “The Standard” measures 20 x 50; Year built 2024; property is under construction; Each finished unit features 16' ceilings with LED light strips
    (208) 777-5907
    We can help!
    Listing Contact
    Wyatt Luedecke
    Wyatt Luedecke
    Real Estate License ID: SP49085
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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