321 1St Ave Picabo, ID 83348
This exceptional investment opportunity presents nine of eleven available storage units situated in a newly constructed building at 321 1st St Unit Unit 2, Picabo, ID. Each unit boasts generous dimensions of approximately 933 square feet, measuring roughly 60 feet long by 16 feet wide, providing ample storage space. The units feature convenient 12-foot-wide by 14-foot-high overhead doors, ensuring easy access for various vehicles and equipment. The building is well-insulated for year-round use and climate control, with 220-volt electrical service available in each unit. Owners provide heaters for added convenience. The property sits on a 0.92-acre lot, offering potential for future expansion or development. The sale is contingent upon final plat approval and a successful permit inspection, resulting in the issuance of a Certificate of Occupancy. The estimated completion date is mid-February. This is an ideal investment for those seeking a high-demand storage facility in a growing area. Each unit is priced at $220,000. Don't miss this chance to acquire a profitable and low-maintenance income-generating asset.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.