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- LoopNet Team
15840 Farmway Rd
Caldwell, ID 83607
Lake Storage Mini & RV Property · Specialty Property For Sale
·
56,665 SF
Investment Highlights
- Lake Storage Mini & RV on Karcher Road (Hwy 55) and Farmway Road, Caldwell
- Phase 1 has completed construction which consists of 51,450 rentable SF of Mini Storage (377 storage units and 200 RV Space)
- Fast growing part of the Boise MSA - located in the direction of recent and projected growth - Hard corner location with Hwy 55 frontage
- Two Phase 6.4 Acres storage project being built that will service Caldwell and Nampa residents as well as anyone who recreates at Lake Lowell
- Phase 2 to be built out to accommodate 36,300 SF of additional storage space
- Lake Lowell is less than 1 mile South of the project
Property Facts
| Property Type | Specialty | Building Size | 56,665 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | B | Year Built | 2019 |
| Lot Size | 5.87 AC | ||
| Zoning | C-G | ||
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 5.87 AC |
| Building Size | 56,665 SF |
| No. Stories | 1 |
| Year Built | 2019 |
| Zoning | C-G |
Amenities
- Property Manager on Site
- Signage
- Air Conditioning
- On-Site Security Staff
About 15840 FARMWAY RD , CALDWELL, ID 83607
Lake Storage is a two phase 6.4 acre Mini & RV storage project being built on the SE corner of Karcher and Farmway. The project will service Caldwell and Nampa residents as well as anyone who recreates at Lake Lowell which is less than 1 mile South of the project. Phase 1 has completed which consists of 51,450 rentable SF of mini storage. Phase 2 can be built out to accommodate 36,300 SF of additional storage space. Fantastic location directly in the path of residential development from the North and East. Located on a major arterial highway at a newly updated and signalized intersection. Great opportunity that leaves Buyer with flexibility to build out more storage space as needed while still collecting rent off of the high demand for RV parking. Site will be paved in the spring when the asphalt plants reopen. Completion date is March 2020. Low vacancy rates in nearby storage projects indicate a large demand for increased supply in the area. Site Plan, Map/Radius Demographics, Aerials, Comp Map, Building Analysis/Rent Projections, Financial Summary, Expenses, Rent Comparables,
Property Taxes
| Parcel Number | R329002160 | Improvements Assessment | $4,800,110 |
| Land Assessment | $1,534,190 | Total Assessment | $6,334,300 |
Property Taxes
