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    The Largest CRE Database in the US with Over 1 Million Listings

    1336 Blady Park Rd Sandpoint, ID 83864

    Sponsored
    For Sale
    Pending
    $1,100,000

    COMMERCIAL - Sandpoint, ID

    Property size:
    6,400 SF
    Lot size:
    0.49 Acres
    Days on Market:
    1
    Last Refresh:
    Feb 3 at 2:06 pm

    Property Features for 1336 Blady Park Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    Commercial
    APN
    RPS06350000130A
    Basement
    None
    Size
    6,400 SF
    Lot size
    0.49 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Other (Heating), Electric (Heating)
    Water source
    Public

    Building Details

    Year built
    2008
    Building materials
    Cement Block, Block
    Roof type
    Composition

    We can help!

    Listing Contact
    Tom Puckett

    REALM Partners LLC (208) 255-7772

    Listing agent Tom Puckett (208) 255-7772 License #SP30324

    Listing date Feb 3, 2026

    MLS# 25-6650

    Copyright © 2026 Coeur d'Alene Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Sandpoint Commercial Building with Income

    This commercial building is located in town and zoned for industrial use. The building contains four individual units, each offering approximately 1,600 square feet of mostly open space. Each unit includes a mezzanine, a small office, and a private heated half bath. The building features low-maintenance concrete block construction and durable concrete floors. Each unit is equipped with a Reznor gas heater in the main space, with electric Cadet heaters in the office and restroom areas. The building has four separate gas meters and four electric meters, along with a shared water and sewer connection. High-clearance 16-foot roll-up garage doors are included, as well as ample off-street parking. The property has a consistently strong rental history, making it suitable for investors or owner-users seeking reliable income potential. The lot size is 0.49 acres and the property size is 6,400 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Sandpoint
    County
    Bonner
    State
    Idaho
    Longitude
    -116.565799
    Latitude
    48.28874

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    FAQs

    What type of property is this?
    Flex space - Versatile industrial building with four units and strong rental history.
    Where is this flex space located?
    The property is located at 1336 Blady Park Rd Sandpoint, ID.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Four individual units, each with approximately 1,600 sq ft, offering versatile usage options.; - Strong rental history, appealing to investors seeking reliable income.; - Industrial zoning in a prime in-town location.
    (208) 255-7772
    Request Owner's contact information
    1336 Blady Park Rd Sandpoint, ID 83864
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    Sandpoint, ID 83864
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1336 Blady Park Rd Sandpoint, ID 83864
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    We can help!
    Listing Contact
    Tom Puckett
    Real Estate License ID: SP30324
    (208) 255-7772
    Learn more
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