321 1St Ave Picabo, ID 83348
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.
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.