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685 Airbase Rd 4,440 SF Specialty Building Offered at $1,623,243 at a 7% Cap Rate in Mountain Home, ID 83647
INVESTMENT HIGHLIGHTS
- Storage & Industrial Mix: 27 total units across the property, including 22 self-storage units and 5 small-bay industrial suites offering flexible use
- Strong Investment Potential: Multiple income streams from industrial leases and storage units.
- Proximity to Major Employers: Close to Micron and other key businesses, supporting tenant demand and stability.
- Secure Outdoor Storage: Gated and fenced 0.68-acre yard ideal for equipment, vehicle, or outdoor material storage.
- High-Visibility Location: Positioned on a busy, service-oriented stretch of Airbase Road with strong daily traffic.
EXECUTIVE SUMMARY
Strong investment opportunity featuring multiple income streams from five small-bay industrial suites, twenty-two self-storage units, and a gated 0.68-acre yard. The 1.61-acre property totals 9,720 SF, with the seller guaranteeing one year of rent on the remaining 18,731 SF of yard space and the vacant storage unit. Zoned C4 (Heavy Commercial), the site supports industrial, storage, and service uses. Priced at $1,623,243, the asset offers a 7% cap rate and $113,635 NOI, providing investors stable returns and long-term growth potential near major employers including Micron and Mountain Home Air Force Base.
PROPERTY FACTS
| Price | $1,623,243 | Building Class | C |
| Price Per SF | $167.00 | Lot Size | 1.61 AC |
| Sale Type | Investment | Building Size | 9,720 SF |
| Cap Rate | 7% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1980 |
| Property Subtype | Self-Storage | Parking Ratio | 2.26/1,000 SF |
| Zoning | Commercial - Commercial | ||
| Price | $1,623,243 |
| Price Per SF | $167.00 |
| Sale Type | Investment |
| Cap Rate | 7% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 1.61 AC |
| Building Size | 9,720 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Parking Ratio | 2.26/1,000 SF |
| Zoning | Commercial - Commercial |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $913,928 | |
| Land Assessment | $217,739 | Total Assessment | $1,131,667 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$217,739
Improvements Assessment
$913,928
Total Assessment
$1,131,667
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685 Airbase Rd
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