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Listed with Mountain Realty
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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.
| DAYS ON MARKET | 120 | LAST UPDATED | 4/14/2025 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | Caldwell SW - 1280 |
| COUNTY | Canyon | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Apr 14, '25 | $3,499,996 |
|---|---|
| Apr 14, '25 - Today | $2,999,000 |
| ADDITIONAL DETAILS | |
| AREA | Caldwell SW - 1280 |
|---|---|
| HEAT | None |
| LOT | 3.89 acre(s) |
| SATELLITE VIEW |
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