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Self-Storage Condo with 50-Amp Outlet
For Sale
$269,000

9049 N Horseshoe Bend Rd., Boise, ID 83714

Commercial Sale, Boise, ID

Property Size1,041 SF
Lot Size0.02 Acres
Price / SF$258.41
Days on Market47

Property Features for 9049 N Horseshoe Bend Rd.

General Information

Property type Commercial Sale
Property subtype Other
Lot features Sm Lot 5999 S F
Directions State St. (HWY 44) & N Horseshoe Bend. Rd., N on Horseshoe Bend Rd., End at Eagle Storage Condos.
Standard status Active
APN R2817831370
Size 1,041 SF
Lot size 0.02 Acres

Taxes and HOA fees

Tax Description UNIT 136 BLDG 09 FIFTY FIVE STORAGE CONDO
Legal Description UNIT 136 BLDG 09 FIFTY FIVE STORAGE CONDO

Utilities

Heating system Electric (Heating)

Amenities

clubhouse
conference room
dump station
security cameras
remote gate
garage door openers
water spigot

Building Details

Year built 2018
Number of units 1
Flooring type Concrete
Building materials Steel Siding
Roof type Flat
Listing Agency: Silvercreek Realty Group
Listed By: Dan Canfield · License #SP46483
Added: Sep 10 Changed: Oct 16 Last Checked: Oct 26 at 8:06PM
MLS# 99000403

Copyright © 2026 Intermountain 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.

Rey
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Investment Insights

Based on property information with market context.

This self-storage condo measures 22 by 50 feet, with 1,041 square feet of interior space and a concrete floor. Steel siding and a flat roof complete the building; electric heat is installed, and construction dates to 2018. A 50-amp outlet serves the unit, with a roll-up garage door and a water spigot just outside.

The storage complex provides a dump station, wide access lanes, remote-controlled gate and garage door operation, and security cameras. Owners also have access to a shared clubhouse with a kitchen, bathroom, and conference room.

Key Highlights

  • 22' x 50' condo with 1,041 square feet of space
  • 50 Amp outlet, roll‑up door, and exterior water spigot
  • Facility includes an on‑site dump station and security cameras

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,124
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$222,480 $222.5K
Cap Rate 7%
$158,914 $158.9K
Cap Rate 9%
$123,600 $123.6K
Market Conditions
NOI Build-Up for 1,041 SF
Gross rent
$14.4K $13.80/SF
− Vacancy
−$1.3K −$1.23/SF
EGI
$13.1K $12.57/SF
− OpEx
−$2.0K −$1.89/SF
NOI
$11.1K $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%
$222,480
Cap Rate 7%
$158,914
Cap Rate 9%
$123,600

Alternative Uses

Best Use
Warehouse
$158.9K
$139.1K – $185.4K (±1% cap)
NOI $11,124 @ 7.0% cap · market cap 4.14%
Second Best
Self Storage
$140.9K
$123.3K – $164.4K (±1% cap)
NOI $9,864 @ 7.0% cap · market cap 3.67%
Theoretical Best
Office A
$287.5K
$251.6K – $335.4K (±1% cap)
NOI $20,125 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Self storage facilities

Suggested Use

Top Pick Law Firm Dental Office Restaurant Auto Parts Store Big Box & Wholesale Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

428
Businesses Nearby

Demographics for 83714, ID

26,181
Population
11,672
Households
2.2
Avg Household Size
43
Median Age
45%
College-Educated
94%
High-School Grad
54.2 sq mi
ZIP Area
483
Density / Sq Mi
$86,114
Median Household Income
$43,867
Median Earnings
$1,384
Median Rent
$468,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - A 2018-built unit includes a roll-up door, exterior water spigot, and access to shared clubhouse facilities.
Where is this self storage facility located?
The property is located at 9049 N Horseshoe Bend Rd. Boise, ID.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: 22' x 50' condo with 1,041 square feet of space; 50 Amp outlet, roll‑up door, and exterior water spigot; Facility includes an on‑site dump station and security cameras
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