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Conditioned Self-Storage Condo
For Sale
$140,000

C10-1183 E Exchange St, Boise, ID 83716

A vacant unit includes dedicated RV power connections and access to shared shower facilities.

Property Size770 SF
Price / SF$181.82
Days on Market14

Property Features for C10-1183 E Exchange St

General Information

Standard status Active
Size 770 SF

Taxes and HOA fees

Annual Taxes $1,130
Listing Agency: KW Commercial
Listed By: Gregory Davis · License #SP32434
Source: Exprealty
Added: Sep 23 Changed: Sep 29 Last Checked: Oct 5 at 7:40PM

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 770-square-foot self-storage condo measures 14' x 55' and is equipped with a mini-split HVAC system for conditioned storage. The vacant unit also has 30- and 50-amp electrical service, supporting RV charging as well as storage of boats and small recreational vehicles.

Located at C10-1183 E Exchange St, the property offers access from I-84 and Gowen Road. On-site shared amenities include a small clubhouse with a kitchen and two bathrooms with showers.

Key Highlights

  • 770‑square‑foot self‑storage condo measuring 14' x 55'
  • Mini‑split HVAC provides conditioned storage
  • 30- and 50‑amp electrical service for RV charging

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,228
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$164,560 $164.6K
Cap Rate 7%
$117,543 $117.5K
Cap Rate 9%
$91,422 $91.4K
Market Conditions
NOI Build-Up for 770 SF
Gross rent
$10.6K $13.80/SF
− Vacancy
−$946 −$1.23/SF
EGI
$9.7K $12.57/SF
− OpEx
−$1.5K −$1.89/SF
NOI
$8.2K $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%
$164,560
Cap Rate 7%
$117,543
Cap Rate 9%
$91,422

Alternative Uses

Best Use
Warehouse
$117.5K
$102.9K – $137.1K (±1% cap)
NOI $8,228 @ 7.0% cap · market cap 5.88%
Second Best
Self Storage
$104.2K
$91.2K – $121.6K (±1% cap)
NOI $7,296 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$212.7K
$186.1K – $248.1K (±1% cap)
NOI $14,886 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store Nail Salon Cafe & Coffee Shop

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

137
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - A vacant unit includes dedicated RV power connections and access to shared shower facilities.
Where is this self storage facility located?
The property is located at C10-1183 E Exchange St Boise, ID.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: 770‑square‑foot self‑storage condo measuring 14' x 55'; Mini‑split HVAC provides conditioned storage; 30- and 50‑amp electrical service for RV charging
More about this property
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