Self-Storage Condominium with Electric Access
903 Curie Street Richland, WA 99354
For Sale
Contact for pricing
Flat, ground-level access and an electric access door support storage use in a fully fenced, gated facility with electricity.
Property Size504 SF
Price / SF$115.58
Days on Market458
Property Features for 903 Curie Street
General Information
Standard status
Active
Size
504 SF
Property subtype
INDUSTRIAL
Listing Agency:
Associated Appraisers of Walla Walla LLC
(509) 522-2272
Listed By:
Michael Fredrickson · License #21009558
(509) 522-2272
Source:
Moodyscre
Added: Apr 28, 2025
Changed: Jul 29
Last Checked: Jul 29 at 12:04PM
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 Associated Appraisers of Walla Walla LLC
Investment Insights
Based on property information with market context.
The LuxeLocker Storage Condominiums include a 14’x36’ self-storage condominium unit with flat, ground level access and an electric, 14 foot electric access door. The unit is also equipped with electricity, and the facility provides on-site shared water and an RV sewage depository. The storage condominium is located inside a fully fenced facility with electric gate access.
Outside of insurance, taxes, and any applicable management fees, expenses are described as included in the owner’s CAM fees, helping simplify operating considerations.
This configuration supports owner-occupied storage and also works for commercial storage or potential rental use, depending on how the unit is managed.
Outside of insurance, taxes, and any applicable management fees, expenses are described as included in the owner’s CAM fees, helping simplify operating considerations.
This configuration supports owner-occupied storage and also works for commercial storage or potential rental use, depending on how the unit is managed.
Key Highlights
- 14’x36’ self‑storage condominium unit (504 SF)
- Flat, ground level access with an electric, 14 foot electric access door
- Electricity to the unit
Financial Insights For Self Storage
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $6.5k | $12.96 |
| − Vacancy | −$490 | −$0.97 |
| EGI | $6.0k | $11.99 |
| − OpEx | −$1.8k | −$3.60 |
| NOI | $4.2k | $8.39 |
504 SF · lease $12.96/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$60.4K
$52.9K – $70.5K
NOI $4,229 @ 7.0% cap · market cap 7.26%
Second Best
Warehouse
$45.0K
$39.4K – $52.5K
NOI $3,152 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$139.8K
$122.3K – $163.1K
NOI $9,785 @ 7.0% cap · market cap 16.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Self storage facility - Flat, ground-level access and an electric access door support storage use in a fully fenced, gated facility with electricity.
Where is this self storage facility located?
The property is located at 903 Curie Street Richland, WA.
What is the asking price?
The asking price for this property is $58,250.
What are key features of this property?
This property features: 14’x36’ self‑storage condominium unit (504 SF); Flat, ground level access with an electric, 14 foot electric access door; Electricity to the unit