$1,999,990

2813 S Indiana, Caldwell, ID 83605

  • 1 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon3.89acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $1,999,990/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

Discover an extraordinary investment opportunity on 3.89 acres in the heart of Caldwell. Fully approved 419 enclosed storage units, 3 versatile flex units, and an on-site house—perfect for a manager's residence or office. The diverse unit mix caters to personal, business, and specialty storage needs, ensuring high demand in a rapidly growing area. Based on conservative assumptions, at an 8% cap rate the stabilized value is projected to be around $4.9 million. Under more favorable market conditions (a 6% cap rate), the value could exceed $6.55 million.With all approvals in place, you’ll save time and effort, accelerating your path to profitability. Strategically located in Caldwell, a city experiencing robust growth and rising demand for secure, convenient storage, this property offers investors a rare chance to own a high-performing asset.

Listing Status:
Active
Date Added:
December 21, 2024 at 06:00AM
Listing Office:
Mountain Realty : 208-484-6564
Listing Agent:
Clinton Walker : 208-870-4279
MLS ID:
98931690
  • Heating: None

This listing courtesy of Clinton Walker, Mountain Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Washington Elementary School

2918 Washington Ave, Caldwell, ID, 83605

Grades PK-5

0.71 miles away

S

Syringa Middle School

1100 Willow St, Caldwell, ID, 83605

Grades 6-8

0.59 miles away

C

Caldwell Senior High School

3401 S Indiana Ave, Caldwell, ID, 83605

Grades 9-12

0.36 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.