Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Post Falls Commercial Storage Unit Title is generated by Realmo AI

    6829 W Seltice Way, Post Falls, ID 83854

    View on Map
    Claim this Listing
    For Sale
    $132,500

    COMMERCIAL - Post Falls, ID

    Property size:
    1,000 SF
    Price / SF:
    $132/SF
    Added:
    May 6, 2026
    Days on Market:
    18
    Last Refresh:
    May 23 at 12:06 pm

    Property Features for 6829 W Seltice Way

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commerical
    Interior features
    Storage, 3 Phase Power
    Exterior features
    Lighting
    Basement
    None
    Standard status
    Active
    APN
    TL5040022020
    Size
    1,000 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Stateline Garage Villas Project Amend No 1, Unit 202 Bldg 2 & Undiv Int In Common Area 0150N06w
    Tax Annual Amount
    458

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Year built
    2019
    Building materials
    Steel Siding, Aluminum Siding, Pole, Steel Frame
    Roof type
    Metal
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Joel Elgee
    Joel Elgee

    Listing agent Joel Elgee License #DB30193

    Listing office Avalon 24 Real Estate 3760 E Seltice Way #200, Post Falls, ID

    Listing date May 6, 2026

    MLS# 26-4501

    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

    • Versatile Storage: Designed for RV, commercial, or vessel storage.
    • Expandable Space: Up to 5 adjacent units available for a total of approximately 5,000 sq ft.
    • High Ceilings & Large Doors: Features 16‑foot ceilings and a 12' x 14' roll‑up door.
    • Electrical Capacity: Equipped with 50‑amp electrical service, 7 110‑volt outlets, & 6 LED light bars.
    • Secure Property: Includes electronic security gate and full perimeter fencing.
    • Convenient Location: Offers convenient access to I‑90 (approx 1 mi).

    Overview

    A commercial storage unit is available for purchase, with the option to acquire up to five adjacent units. Each unit provides approximately 1000 square feet, with dimensions of 20 feet by 50 feet. Individual units are offered, or buyers can purchase two or more units. Each unit is designed for RV, commercial, or vessel storage and includes a 12-foot by 14-foot roll-up door, a 36-inch by 80-inch man door, and 16-foot ceiling heights. Units are equipped with 50-amp electrical service, seven 110-volt outlets, and six LED light bars. Up to five adjacent units are available, allowing buyers to combine spaces for a total of approximately 5000 square feet. The property includes two on-site restrooms approximately 150 feet from the units, one of which includes a shower. Additional amenities include a main electronic security gate approximately 150 feet away, full perimeter security fencing, and convenient access to I-90. These units present an opportunity for personal storage, business use, or investment and are located in Post Falls, Idaho.

    Financial Insights

    Value Estimation Calculated for Self Storage

    Conservative
    $97.0K
    NOI $8,732 @ 9.00% cap · cautious / downside scenario
    Moderate
    $124.7K
    NOI $8,732 @ 7.00% cap · market / base-case scenario
    Aggressive
    $174.6K
    NOI $8,732 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    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.
         Calculated for Self Storage

    Component $ $/SF
    Gross rent $13.2k $13.20
    − Vacancy −$726 −$0.73
    EGI $12.5k $12.47
    − OpEx −$3.7k −$3.74
    NOI $8.7k $8.73
    1,000 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Use Scenarios

    Best Use
    Self Storage
    $124.7K
    $109.2K – $145.5K (±1% cap)
    NOI $8,732 @ 7.0% cap · market cap 6.59%
    Second Best
    Industrial
    $85.3K
    $74.7K – $99.5K (±1% cap)
    NOI $5,972 @ 7.0% cap · market cap 4.51%
    Theoretical Best
    Office A
    $216.9K
    $189.8K – $253.1K (±1% cap)
    NOI $15,185 @ 7.0% cap · market cap 11.46%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Automotive Restoration by ... Auto Repair Shop

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Gym & Fitness Center Auto Parts Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Post Falls
    County
    Kootenai
    State
    Idaho
    Longitude
    -117.038495
    Latitude
    47.705675

    Nearby Similar for Sale

    • $1,995,000
      3,200 SF

      Post Falls Commercial Building on Acre

      Commercial building on 1 acre with highway frontage.
      2315 N HIGHWAY 41, Post Falls, ID 83854
      View Details
    • $730,000
      1,800 SF

      Warehouse/Shop/Office Building on Seltice Way

      Well-maintained commercial building with warehouse, office, and yard space.
      6120 E Seltice Way, Post Falls, ID 83854
      View Details
    • $2,050,000
      6,944 SF

      Post Falls Professional Office Building

      6,944 SF office building in a desirable Post Falls location.
      1581 E Edmondton Ave, Post Falls, ID 83854
      View Details
    • $1,200,000
      4,800 SF

      Post Falls Commercial Building

      4800 SF commercial building in downtown Post Falls.
      415 E 3RD Ave, Post Falls, ID 83854
      View Details
    • $749,000
      3,480 SF

      Post Falls Commercial Building

      Commercial building in Post Falls with warehouse and office space.
      706 E 3rd Ave, Post Falls, ID 83854
      View Details
    • $2,450,000
      9,300 SF

      Versatile Facility on 4.5 Acres

      Event center, offices, classrooms, chapel, home, and shop.
      19459 W Riverview Dr, Post Falls, ID 83854
      View Details
    • $642,500
      5,000 SF

      Commercial Storage Units For Sale

      Five commercial storage units totaling 5,000 sq ft available.
      6829 W Seltice Way, Post Falls, ID 83854
      View Details
    • $349,900
      1,800 SF

      Commercial Condo Near I-90

      Commercial condo located between Coeur d'Alene and Spokane.
      3753 W 5th Ave, Post Falls, ID 83854
      View Details
    • $140,000
      898 SF

      Post Falls Commercial Condo

      Versatile commercial condo ideal for storage or workshop use.
      4415 W Grange Ave, Post Falls, ID 83854
      View Details
    • $750,000
      2,304 SF

      Post Falls Commercial Opportunity Zone

      Turn-key, passive income with strong national tenant and long-term lease.
      3260 E SELTICE Way, Post Falls, ID 83854
      View Details
    • $140,000
      898 SF

      Commercial Condo with Shared Amenities

      Versatile commercial condo ideal for storage or workshop use.
      4415 W Grange Ave, Post Falls, ID 83854
      View Details
    • $295,000
      1,796 SF

      Versatile Commercial Condos in Post Falls

      Two commercial condos with flexible space and premium shared amenities.
      4415 W Grange Ave, Post Falls, ID 83854
      View Details

    FAQs

    What type of property is this?
    Self storage facility - Commercial storage unit for RV, vessel, or business use.
    Where is this self storage facility located?
    The property is located at 6829 W Seltice Way Post Falls, ID.
    What is the asking price?
    The asking price for this property is $132,500.
    What are key features of this property?
    This property features: Versatile Storage: Designed for RV, commercial, or vessel storage.; Expandable Space: Up to 5 adjacent units available for a total of approximately 5,000 sq ft.; High Ceilings & Large Doors: Features **16‑foot ceilings** and a **12' x 14' roll‑up door**.
    (509) 868-5264
    We can help!
    Listing Contact
    Joel Elgee
    Joel Elgee
    Real Estate License ID: DB30193
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6829 W Seltice Way, Post Falls, ID 83854
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!