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685 Airbase Rd 4,440 SF Specialty Building Offered at $2,031,124 CAD at a 8% Cap Rate in Mountain Home, ID 83647
Investment Highlights
- Excess lot is approved for additional storage units.
- 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.
- Storage & Industrial Mix: 25 total units across the property, including 22 self-storage units and 3 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.
Executive Summary
Strong investment opportunity featuring multiple income streams from three 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(s). Zoned C4 (Heavy Commercial), the site supports industrial, storage, and service uses. The asset offers a 8.0% cap rate and $116,522 NOI, providing investors stable returns and long-term growth potential near major employers including Micron and Mountain Home Air Force Base.
Property Facts
| Price | $2,031,124 CAD | Building Class | C |
| Price Per SF | $208.96 CAD | Lot Size | 1.61 AC |
| Sale Type | Investment | Building Size | 9,720 SF |
| Cap Rate | 8% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1980 |
| Property Subtype | Self-Storage | Parking Ratio | 2.26/1,000 SF |
| Zoning | Commercial - Commercial | ||
| Price | $2,031,124 CAD |
| Price Per SF | $208.96 CAD |
| Sale Type | Investment |
| Cap Rate | 8% |
| 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 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,548,976 CAD | |
| Land Assessment | $331,524 CAD | Total Assessment | $1,880,500 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$331,524 CAD
Improvements Assessment
$1,548,976 CAD
Total Assessment
$1,880,500 CAD
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685 Airbase Rd
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