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Property profile & analytics
OFF-MARKET
Commercial real estate

321 1St Ave Picabo, ID 83348

933 SF 0.92 ac lot Built 2024
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents 11 individual storage units located at 321 1st St Unit 9, Picabo, ID. Each unit boasts 933 square feet of space, offering ample storage capacity. The units are situated on a 0.92-acre lot and feature convenient 12' wide x 14' high overhead doors, allowing for easy access for a variety of vehicles and equipment. The interior dimensions are approximately 60 feet long by 16 feet wide. Each unit is well-insulated and equipped with 220-volt electrical service, ensuring year-round usability. Heaters are provided by the owners. The property is currently under development, with an estimated completion date of mid-February. All sales are contingent upon final plat approval and a successful permit inspection, resulting in the issuance of a Certificate of Occupancy. This is a prime opportunity for investors seeking a high-demand, income-generating asset in a growing market. The asking price for the entire property is $220,000. This represents a significant value proposition given the size, features, and location of the units. Don't miss out on this chance to acquire a robust and profitable storage facility.

Property profile
Verified
Property type Commercial real estate
Year built 2024
Total area 933 SF
Lot 0.92 ac (40,075 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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