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 houseperfect 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.
Details
| MLS # | 98931689 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 320 |
| Listing Provided By | Mountain Realty | Clinton Walker |
Features
| Acreage | 3.89 |
|---|
Exterior
| Lot Features | 1 Acre - 4.99 Acres |
|---|
Utilities
| Utilities | Electricity Available, Natural Gas Connected |
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Taxes
| Tax Year | 2023 |
|---|---|
| Tax Annual Amount | 3244 |
| Tax Legal Description | Exhibit A |
Area Information
| State | ID |
|---|---|
| County | Canyon |
| City | Caldwell |
| Zip Code | 83605 |
| Area | Caldwell SW |
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Learn More About This Property
| State | ID |
|---|---|
| County | Canyon |
| City | Caldwell |
| Zip Code | 83605 |
| Area | Caldwell SW |
 | $2,000,0003514 S Indiana AveCaldwell, ID 83605 |