124 W Avenue E, Jerome, ID, 83338
EZ Storage & Carwash
Key Information
Highlights
• 11.7% Cap Rate | $1,200,000 – Strong in-place return backed by three income streams.
• Three Income Streams, One Parcel – A 6-bay self-serve car wash, 10 drive-up storage units, and a ±581 SF retail office leased to Rose Family Automotive.
• $114,500+ Reinvested Since 2021 – High-efficiency boilers, heated floors, sealed bay floors, new compressor, signage and fascia, so a buyer faces few big projects.
• Built for Year-Round Washing – Heated bay floors and new boilers keep the bays open through Idaho winters, with both coin and card payment.
• Storage Lease-Up Upside – Only 3 of 10 units are occupied at $50/month, leaving room to grow through lease-up and rate increases.
• High-Traffic Location – Corner lot just off S Lincoln Ave (±16,000 VPD), near St. Luke’s Jerome Medical Center, Maverik, Dairy Queen and three local schools.
• Growing Magic Valley Market – Jerome County’s population grew 8.7% from 2020 to 2025, and Twin Falls is 13 miles away, with easy access to I-84.
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