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Gated Self-Storage Unit

7373 S Federal Way #177, Boise, ID 83716

For Sale
New
$218,500

Owners have 24/7 facility access, camera monitoring, and on-site amenities for RV servicing.

Property Size1,080 SF
Price / SF$202.31
Days on Market5

Property Features for 7373 S Federal Way #177

General Information

Standard status Active
Size 1,080 SF

Site & Location

Neighborhood South Eisenman
Fenced Yard Yes

Additional Details

Property Use Self Storage

Amenities

restrooms and showers
RV wash and dump station
commercial dumpsters
24/7 owner access
security camera monitoring
0.02 acres, Sm Lot 5999 SF
#Drive In/Grade-Lvl Doors: 1
Parcel Number: R5378244340, Zoning description: MX-2
Listing ID: 99005840, Standard Status: Active, MLS Status: New, Property Subtype: Commercial Sale, 1 day on market
Built in 2022, Living area: 1080, Living area units: Square Feet
County/Parish: Ada
Farm Land area units: Square Feet, Leasable area units: Square Feet

Building Details

Year Built 2022
Listing Agency: Lee & Associates Idaho LLC
Listed By: Jesse Young · License ID AB26555
Source: Thgboise
Added: Nov 6 Changed: Nov 8 Last Checked: Nov 10 at 8:39AM

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 Lee & Associates Idaho LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 2022, this self-storage property is part of a gated facility with owner access available 24/7 and security camera monitoring. On-site features include restrooms, showers, an RV wash and dump station, and commercial dumpsters.

The property is located in Boise at 7373 S Federal Way, #177.

Key Highlights

  • Gated facility with 24/7 owner access
  • Security camera monitoring
  • On‑site restrooms and showers

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,541
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$230,820 $230.8K
Cap Rate 7%
$164,871 $164.9K
Cap Rate 9%
$128,233 $128.2K
Market Conditions
NOI Build-Up for 1,080 SF
Gross rent
$14.9K $13.80/SF
− Vacancy
−$1.3K −$1.23/SF
EGI
$13.6K $12.57/SF
− OpEx
−$2.0K −$1.89/SF
NOI
$11.5K $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%
$230,820
Cap Rate 7%
$164,871
Cap Rate 9%
$128,233

Alternative Uses

Best Use
Warehouse
$164.9K
$144.3K – $192.4K (±1% cap)
NOI $11,541 @ 7.0% cap · market cap 5.28%
Second Best
Self Storage
$164.5K
$143.9K – $191.9K (±1% cap)
NOI $11,512 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$298.3K
$261.0K – $348.0K (±1% cap)
NOI $20,879 @ 7.0% cap · market cap 9.56%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

LuxeLocker Luxury Storage ... Storage Facility Divine Apex Technologies, ... Advertising Agency

Suggested Use

Top Pick HVAC Service Auto Parts Store Building Supply Real Estate Agency (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

161
Businesses Nearby

Demographics for 83716, ID

21,583
Population
9,032
Households
2.4
Avg Household Size
40
Median Age
58%
College-Educated
97%
High-School Grad
1,039.1 sq mi
ZIP Area
21
Density / Sq Mi
$125,827
Median Household Income
$65,551
Median Earnings
$1,949
Median Rent
$573,300
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

Frequently Asked Questions

What type of property is this?
Self storage facility - Owners have 24/7 facility access, camera monitoring, and on-site amenities for RV servicing.
Where is this self storage facility located?
The property is located at 7373 S Federal Way #177 Boise, ID.
What is the asking price?
The asking price for this property is $218,500.
What are key features of this property?
This property features: Gated facility with 24/7 owner access; Security camera monitoring; On‑site restrooms and showers
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Includes: Price & PSF · Cap rate · Location · Zoning

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