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Climate-Controlled Storage Condominium
For Sale
$249,900

Eagle, ID 83616, Eagle, ID 83616

Commercial Sale, Eagle, ID

Property Size1,000 SF
Price / SF$249.90
Days on Market139

Property Features

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Zoning description BP-DA
Standard status Active
Size 1,000 SF

Amenities

Climate control w/ smart thermostat
Fully insulated
Taped, textured and painted interiors
Luxury finishes
Fire sprinkler systems
Gated secure environment

Building Details

Year built 2026
Listing Agency: Boise Premier Real Estate
Listed By: Bridger Beyer · License #5171375
Added: Jun 17 Changed: Oct 8 Last Checked: Nov 2 at 1:06PM
MLS# 98990949

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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This self-storage condominium is planned as a 1,000-square-foot unit, with construction underway and completion expected in 2026. The interior is designed with insulation, taped and textured walls, paint, and a smart thermostat for climate control. Fire sprinklers are also planned, and the property is described as a gated facility.

The site is near the junction of Highway 55 and Old Horseshoe Bend Road in Eagle, Idaho.

Key Highlights

  • 1,000‑square‑foot self‑storage condominium unit
  • Under construction; year built listed as 2026
  • Smart thermostat and climate control

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,686
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$213,720 $213.7K
Cap Rate 7%
$152,657 $152.7K
Cap Rate 9%
$118,733 $118.7K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$13.8K $13.80/SF
− Vacancy
−$1.2K −$1.23/SF
EGI
$12.6K $12.57/SF
− OpEx
−$1.9K −$1.89/SF
NOI
$10.7K $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%
$213,720
Cap Rate 7%
$152,657
Cap Rate 9%
$118,733

Alternative Uses

Best Use
Warehouse
$152.7K
$133.6K – $178.1K (±1% cap)
NOI $10,686 @ 7.0% cap · market cap 4.28%
Second Best
Self Storage
$135.4K
$118.4K – $157.9K (±1% cap)
NOI $9,475 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$276.2K
$241.7K – $322.2K (±1% cap)
NOI $19,332 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Self storage facilities

Lease Details

Yes
Sprinkler system
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 83616, ID

33,311
Population
13,756
Households
2.4
Avg Household Size
46
Median Age
53%
College-Educated
96%
High-School Grad
111.3 sq mi
ZIP Area
299
Density / Sq Mi
$118,013
Median Household Income
$58,728
Median Earnings
$1,752
Median Rent
$720,300
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Self storage facility - A private storage unit is planned with insulated, finished interiors and a smart thermostat.
Where is this self storage facility located?
The property is located at Eagle, ID.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 1,000‑square‑foot self‑storage condominium unit; Under construction; year built listed as 2026; Smart thermostat and climate control
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Includes: Price & PSF · Cap rate · Location · Zoning

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