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Warehouse Storage Condo
For Sale
$269,000

9049 N Horseshoe Bend Rd. 136, Boise, ID 83714

A roll-up door, exterior water spigot, and on-site dump station support storage for recreational vehicles and equipment.

Property Size1,041 SF
Price / SF$258.41
Days on Market9

Property Features for 9049 N Horseshoe Bend Rd. 136

General Information

Standard status Active
Size 1,041 SF

Additional Details

Property Use Self Storage

Amenities

Water spigot
Dump station
Community clubhouse
Remote gate
Security cameras
Concrete
true
Square Feet
Sm Lot 5999 SF
0.02
Trailer Parking
1041

Building Details

Building Size 1,041 SF
Year Built 2018
Listing Agency:
Listed By: Vincent Meoli
Source: Brokerboise
Added: Oct 21 Changed: Oct 28 Last Checked: Oct 28 at 3:19PM

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 Vincent Meoli

Rey
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Investment Insights

Based on property information with market context.

Built in 2018, this warehouse storage condo has a concrete floor, a large roll-up door, and a 50-amp outlet. The unit was freshly painted and includes an exterior water spigot; the facility also has a dump station and wide access lanes for maneuvering vehicles and trailers.

Residents have access to a clubhouse with a kitchen, bathroom, and conference room. Entry is controlled by a remote-operated gate, with garage door openers and security cameras throughout the complex. The property is located on N Horseshoe Bend Road in Boise, Idaho.

Key Highlights

  • 50‑amp outlet in the unit
  • Large roll‑up door and exterior water spigot
  • On‑site dump station and wide access lanes

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
—
—
no second resolved use
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

Current Use

Warehouses

Location Intelligence

Trade Area within ½ mile

410
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in Boise, ID

3% 2020
1% 2021
2.9% 2022
5.7% 2023
7.7% 2024
9.1% 2025

Similar Off Market Nearby

  • Self-Storage at U-Haul — 8151 W Chinden Blvd, Boise, ID 83714
  • Republic Storage Willowbrook — 9033 W Chinden Blvd, Garden City, ID 83714, Garden City, ID 83714
  • Republic Storage - Chinden — 9700 W Chinden Blvd, Boise, ID 83714

Frequently Asked Questions

What type of property is this?
Warehouse - A roll-up door, exterior water spigot, and on-site dump station support storage for recreational vehicles and equipment.
Where is this warehouse located?
The property is located at 9049 N Horseshoe Bend Rd. 136 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: 50‑amp outlet in the unit; Large roll‑up door and exterior water spigot; On‑site dump station and wide access lanes
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