Climate-Controlled Storage
For Sale
$86,000
A22-1183 E Exchange St, Boise, ID 83716
A compact storage unit combines conditioned space with an in-unit electrical outlet and month-to-month occupancy flexibility.
Property Size480 SF
Price / SF$179.17
Days on Market14
Property Features for A22-1183 E Exchange St
General Information
Standard status
Active
Size
480 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Gross Income
$4,608
Taxes and HOA fees
Annual Taxes
$706
Listing Agency:
KW Commercial
(208) 475-1313
Listed By:
Gregory Davis · License #SP32434
(208) 739-3175
Source:
Exprealty
Added: Sep 23
Changed: Oct 2
Last Checked: Oct 5 at 8:03PM
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 KW Commercial
Investment Insights
Based on property information with market context.
This self-storage condo measures 12 feet by 40 feet, totaling 480 square feet. A mini-split HVAC system provides conditioned storage, and a 110V outlet supports small electrical devices. The unit is currently leased on a month-to-month basis, allowing for continued rental or owner occupancy.
Access is available from I-84 and Gowen Road in Boise, Idaho.
Access is available from I-84 and Gowen Road in Boise, Idaho.
Key Highlights
- 480‑square‑foot storage condo measuring 12' x 40'
- Mini‑split HVAC provides conditioned storage
- 110V outlet for a trickle charger or other small electrical device
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,129
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$102,580
$102.6K
Cap Rate 7%
$73,271
$73.3K
Cap Rate 9%
$56,989
$57.0K
Market Conditions
NOI Build-Up for 480 SF
Gross rent
$6.6K $13.80/SF
− Vacancy
−$590 −$1.23/SF
EGI
$6.0K $12.57/SF
− OpEx
−$905 −$1.89/SF
NOI
$5.1K $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%
$102,580
Cap Rate 7%
$73,271
Cap Rate 9%
$56,989
Alternative Uses
Best Use
Warehouse
$73.3K
$64.1K – $85.5K
NOI $5,129 @ 7.0% cap · market cap 5.96%
Second Best
Self Storage
$65.0K
$56.9K – $75.8K
NOI $4,548 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$132.6K
$116.0K – $154.7K
NOI $9,279 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
137
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - A compact storage unit combines conditioned space with an in-unit electrical outlet and month-to-month occupancy flexibility.
Where is this self storage facility located?
The property is located at A22-1183 E Exchange St Boise, ID.
What is the asking price?
The asking price for this property is $86,000.
What are key features of this property?
This property features: 480‑square‑foot storage condo measuring 12' x 40'; Mini‑split HVAC provides conditioned storage; 110V outlet for a trickle charger or other small electrical device
