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Property profile & analytics
OFF-MARKET
Commercial real estate

321 1St Ave Picabo, ID 83348

931 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 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.

Property profile
Verified
Property type Commercial real estate
Year built 2024
Total area 931 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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