Secure Self Storage
For Sale
$250,000
H-2-16989 W Tulip Ct, Post Falls, ID
Insulated private storage unit with controlled access, utility service, and shared clubhouse amenities.
Property Size1,250 SF
Price / SF$200
Days on Market122
Property Features for H-2-16989 W Tulip Ct
General Information
Standard status
Active
Size
1,250 SF
Warehouse & Industrial
Power
100 amps
Three-Phase Power
No
Additional Details
Utilities to Site
Yes
Amenities
24/7 access
video surveillance security system
private restrooms
clubhouse with pool table
virtual golf
dartboard
office suites
conference room
kitchenette
Listing Agency:
Coldwell Banker Schneidmiller Realty
(208) 765-2222
Listed By:
Greg Rowley · License #SP39746
(208) 659-6527
Source:
Exprealty
Added: Jun 16
Changed: Oct 12
Last Checked: Oct 12 at 9:03PM
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 Coldwell Banker Schneidmiller Realty
Investment Insights
Based on property information with market context.
This private storage unit measures 25 by 50 feet and is fully insulated, with R19 walls and doors and an R35 ceiling. Improvements include a 16-by-14-foot insulated steel overhead door with remote opener, LED lighting, a 100-amp single-phase electrical service, a 50-amp RV/boat outlet, a dedicated circuit, a 100-inch ceiling fan, and a natural gas 125,000 BTU heater. Individual-unit smart technology is also provided.
The gated facility at H-2-16989 W Tulip Ct in Post Falls includes 24/7 access and a video surveillance system. Shared amenities include private restrooms, a clubhouse with a pool table, virtual golf, dartboard, office suites, conference room, and kitchenette. The unit can be configured with options such as floor coating, paint, a car lift, or a mezzanine/loft; combinations can create 25-by-100-foot drive-through or 50-by-50-foot wide units.
The gated facility at H-2-16989 W Tulip Ct in Post Falls includes 24/7 access and a video surveillance system. Shared amenities include private restrooms, a clubhouse with a pool table, virtual golf, dartboard, office suites, conference room, and kitchenette. The unit can be configured with options such as floor coating, paint, a car lift, or a mezzanine/loft; combinations can create 25-by-100-foot drive-through or 50-by-50-foot wide units.
Key Highlights
- 25' x 50' fully insulated unit with R19 walls/doors and R35 ceiling
- 16' x 14' insulated steel overhead door with remote opener
- 100‑amp single‑phase service with 50‑amp RV/boat outlet and dedicated circuit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,915
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$218,300
$218.3K
Cap Rate 7%
$155,929
$155.9K
Cap Rate 9%
$121,278
$121.3K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$16.5K $13.20/SF
− Vacancy
−$908 −$0.73/SF
EGI
$15.6K $12.47/SF
− OpEx
−$4.7K −$3.74/SF
NOI
$10.9K $8.73/SF
Area
Kootenai County, ID
Vacancy
5.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$218,300
Cap Rate 7%
$155,929
Cap Rate 9%
$121,278
Alternative Uses
Best Use
Self Storage
$155.9K
$136.4K – $181.9K
NOI $10,915 @ 7.0% cap · market cap 4.37%
Second Best
Warehouse
$129.5K
$113.3K – $151.1K
NOI $9,065 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$271.2K
$237.3K – $316.4K
NOI $18,981 @ 7.0% cap · market cap 7.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
547
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Insulated private storage unit with controlled access, utility service, and shared clubhouse amenities.
Where is this self storage facility located?
The property is located at H-2-16989 W Tulip Ct Post Falls, ID.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 25' x 50' fully insulated unit with R19 walls/doors and R35 ceiling; 16' x 14' insulated steel overhead door with remote opener; 100‑amp single‑phase service with 50‑amp RV/boat outlet and dedicated circuit
