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117 25th St - Storage Units with fenced yard 3,600 SF Specialty Building Offered at $527,000 at a 5.63% Cap Rate in Lewiston, ID 83501
Investment Highlights
- Right off Highway 12
- High Traffic Count
Executive Summary
Turn Key Self Storage Facility located in Lewiston, ID. A total of 12 indoor units and 18 outdoor numbered trailer parking spaces. Room for more interior unit expansion where outdoor parking spaces are. The 12 indoor units are all the same size, 300 sq ft per unit. Each indoor unit is 12x25. The building is 72x50 (all 12 units combined). Property includes four lots total.
Several Improvements have been done on the property, some of which include Barbed Wire Fencing, Electronic / Solar Gate and Keypads, & New Security Cameras. New screws installed on the entire metal roof. Room on property to expand by building more storage units, more than doubling in size. Currently considering installing outdoor shipping containers to increase revenue as well.
This property is zoned Light Industrial. In proximity to a local paper mill on an arterial thoroughfare with over 1,000 employees and contractors commuting daily. Two adjacent lots could be purchased from separate owners. North Dakota Real Estate Agent Brent Russum is also the property owner. This property would work great as a fenced yard and shop for a small business or contractor too. Open to all offers.
Several Improvements have been done on the property, some of which include Barbed Wire Fencing, Electronic / Solar Gate and Keypads, & New Security Cameras. New screws installed on the entire metal roof. Room on property to expand by building more storage units, more than doubling in size. Currently considering installing outdoor shipping containers to increase revenue as well.
This property is zoned Light Industrial. In proximity to a local paper mill on an arterial thoroughfare with over 1,000 employees and contractors commuting daily. Two adjacent lots could be purchased from separate owners. North Dakota Real Estate Agent Brent Russum is also the property owner. This property would work great as a fenced yard and shop for a small business or contractor too. Open to all offers.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$36,720
|
$10.20
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$225
|
$0.06
|
| Effective Gross Income |
$36,495
|
$10.14
|
| Taxes |
$4,125
|
$1.15
|
| Operating Expenses |
$2,690
|
$0.75
|
| Total Expenses |
$6,815
|
$1.89
|
| Net Operating Income |
$29,680
|
$8.24
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $36,720 |
| Annual Per SF | $10.20 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $225 |
| Annual Per SF | $0.06 |
| Effective Gross Income | |
|---|---|
| Annual | $36,495 |
| Annual Per SF | $10.14 |
| Taxes | |
|---|---|
| Annual | $4,125 |
| Annual Per SF | $1.15 |
| Operating Expenses | |
|---|---|
| Annual | $2,690 |
| Annual Per SF | $0.75 |
| Total Expenses | |
|---|---|
| Annual | $6,815 |
| Annual Per SF | $1.89 |
| Net Operating Income | |
|---|---|
| Annual | $29,680 |
| Annual Per SF | $8.24 |
Property Facts
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Property Taxes
| Parcel Number | RPL03700040160 | Total Assessment | $182,370 |
| Land Assessment | $27,070 | Annual Taxes | $4,125 ($1.15/SF) |
| Improvements Assessment | $155,300 | Tax Year | 2025 |
Property Taxes
Parcel Number
RPL03700040160
Land Assessment
$27,070
Improvements Assessment
$155,300
Total Assessment
$182,370
Annual Taxes
$4,125 ($1.15/SF)
Tax Year
2025
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117 25th St - Storage Units with fenced yard
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