17848 Middleton RdNampa, ID 83687

Property Details for 17848 Middleton Rd

Lot size

4.83 AC

Property type

Land

Property subtype

Commercial land

APN

30877000 0

APU

308770000

Description

This exceptional Class A self-storage facility, completed in 2023, presents a compelling investment opportunity in Nampa, Idaho's thriving Middleton growth corridor. Boasting 61,126 square feet across three single-story buildings on a 4.83-acre lot, this property features 296 units, including climate-controlled options, exterior roll-up units, and covered RV parking. The state-of-the-art design incorporates technology for streamlined management and low operational costs, utilizing web-based software and billing systems. The property enjoys convenient access to Interstate 84, providing easy access to Boise and the broader Treasure Valley. Bluetooth locks and remote access further enhance operational efficiency. An on-site office and remote signup capabilities are also included. The asking price is $4,650,000, representing a 5.91% cap rate and a pro-forma NOI of $274,707. Future expansion plans are in place to potentially double the net square footage. This property benefits from its location near a new roundabout (summer 2023 completion) at Ustick and Middleton Roads, and is surrounded by hundreds of new homes. The property's strong performance and growth potential make it an attractive investment.

• Alternative Use

  Use

  Valuation

  Residential

  $49,071,412

  Hospitality

  $44,949,152

  Educational

  $37,397,164

  Medical

  $38,683,312

  Retail

  $58,173,368

Location Insight

City

Nampa

County

Canyon

State

Idaho

Latitude

43.6316

Longitude

-116.612

CBSA code

14260

CBSA name

BOISE CITY-NAMPA, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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