321 1St Ave Picabo, ID 83348
This exceptional investment opportunity presents 11 individual storage units located at 321 1st St Unit 1, Picabo, ID. Each unit boasts 931 square feet of space, offering ample storage capacity. The units are situated on a 0.92-acre lot and feature impressive dimensions of approximately 60 feet long by 16 feet wide. Access is facilitated by 12-foot-wide by 14-foot-high overhead doors, ensuring easy movement of even large items. The units are well-insulated for year-round use and are equipped with 220-volt electrical service. Owners provide heaters, ensuring a comfortable environment for tenants. The property is currently under development, with an estimated completion date of mid-February. All sales are contingent upon final plat approval and the issuance of a Certificate of Occupancy following a permit inspection. This is a rare chance to acquire a turnkey storage facility in a high-demand location. The asking price for the entire property is $220,000. Individual unit sales are not currently being offered. This property is ideal for investors seeking a strong return on investment in a growing market. Don't miss this opportunity to secure a valuable asset in the thriving Picabo area.
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.