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Climate-Controlled Storage Condo
For Sale
$230,000

707-2007 S Saturn Way, Boise, ID 83709

Insulated unit with tall ceilings, RV access, and shared clubhouse amenities supports storage, workshop, or hobby uses.

Property Size1,012 SF
Price / SF$227.27
Days on Market56

Property Features for 707-2007 S Saturn Way

General Information

Standard status Active
Size 1,012 SF

Warehouse & Industrial

Drive-In Doors 1
Conditioned Warehouse Yes

Additional Details

Fenced Yard Yes

Amenities

clubhouse
kitchenette
dining area
lounging room with media center
restrooms with showers
security camera system
air station
RV dump station with water service
Listing Agency: Keller Williams Realty Boise
Listed By: Erich Hamm · License #SP43964
Source: Exprealty
Added: Aug 12 Changed: Sep 18 Last Checked: Oct 5 at 11:54PM

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 in Building 7 is climate controlled, fully insulated, and finished with epoxy flooring. The unit includes an electric 14-foot roll-up door and 18-foot ceilings, with interior capacity for a trailer and multiple vehicles. Open maneuvering space accommodates a large RV or trailer.

Shared property amenities include a clubhouse with a kitchenette, dining area, lounge, media center, restrooms, and showers. The fully fenced community also provides a security camera system, air station, and RV dump station with water service. The configuration supports storage, a workshop, hobby activities, or classic car storage.

Key Highlights

  • 1,012‑square‑foot climate‑controlled storage condo in Building 7
  • Electric 14‑foot roll‑up door and 18‑foot ceilings
  • Fully insulated interior with epoxy flooring

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 (±1% cap)
NOI $10,814 @ 7.0% cap · market cap 4.70%
Second Best
Self Storage
$137.0K
$119.9K – $159.8K (±1% cap)
NOI $9,589 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$279.5K
$244.6K – $326.1K (±1% cap)
NOI $19,564 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Catering Service Florist Locksmith

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

1
Drive-in doors
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

764
Businesses Nearby

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

Market

Vacancy Rate% for Industrial in Boise, ID

3% 2020
1% 2021
2.9% 2022
5.7% 2023
7.7% 2024
9.1% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - Insulated unit with tall ceilings, RV access, and shared clubhouse amenities supports storage, workshop, or hobby uses.
Where is this self storage facility located?
The property is located at 707-2007 S 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‑square‑foot climate‑controlled storage condo in Building 7; Electric 14‑foot roll‑up door and 18‑foot ceilings; Fully insulated interior with epoxy flooring
More about this property
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