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- LoopNet Team
475 100 S
Paul, ID 83347
Tri City Storage - Idaho · Specialty Property For Sale
·
73,080 SF
INVESTMENT HIGHLIGHTS
- Upside! Facility is currently significantly below market rents with room to grow occupancy, plus expansion land, can 2x your investment
- Full fenced facility with security cameras, website and storage software
- Recently built, still in lease-up, gives a new owner the opportunity to benefit from the potential of this facility
- Priced at $65/SF, well below construction cost
- Room to expand, add more enclosed units or covered canopy RV on the 5+ acres
PROPERTY FACTS
| Property Type | Specialty | Building Size | 73,080 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 2020/2022 |
| Lot Size | 5.50 AC | Parking Ratio | 1.75/1,000 SF |
| Zoning | LI - property is zoned light industrial | ||
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 5.50 AC |
| Building Size | 73,080 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2020/2022 |
| Parking Ratio | 1.75/1,000 SF |
| Zoning | LI - property is zoned light industrial |
ABOUT 475 100 S , PAUL, ID 83347
First time or experienced buyers, here’s your chance to acquire an up-and-coming self storage facility. Tri City Storage is a recently-built (2022-2023) facility located in Paul, Idaho in the Southern Idaho Valley near the Snake River and numerous lakes. 17,000 NRSF storage, along with 56,080 covered canopy RV parking (186) units, plus 87 outside vehicle parking spots on +5 acres. Acquisition cost is significantly below replacement cost at $65/SF. Currently 56% occupied and still in lease-up and rents are below market by $0.20/sf. Significant upside all around. Fully fenced and secure with entrance gate, website and storage software in place.
PROPERTY TAXES
| Parcel Number | RP04860001000R | Improvements Assessment | $55,962 |
| Land Assessment | $199,039 | Total Assessment | $255,001 |
PROPERTY TAXES
