Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    695 S Majestic View Dr Post Falls, ID 83854

    View on Map
    Claim this Listing
    New
    For Sale
    $360,000

    LAND - Post Falls, ID

    Lot size:
    0.25 Acres
    Added:
    Apr 10, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 11 at 4:06 am

    Property Features for 695 S Majestic View Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RES
    Standard status
    Active
    APN
    P53010010040
    Lot size
    0.25 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Majestic View Estates 1st Add, Lt 4 Block 1 0850N05w
    Tax Annual Amount
    1652

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public
    Water front
    1

    We can help!

    Listing Contact
    Alla Boliou

    Listing agent Alla Boliou License #6181804

    Listing office CENTURY 21 Beutler & Associates 1836 Northwest Blvd, ID

    Listing date Apr 10, 2026

    MLS# 26-3320 Listing URL

    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.

    Overview

    Spokane River Waterfront Land Opportunity

    This property offers a rare opportunity with 80 feet of Spokane River frontage and mountain views. Situated in an established neighborhood with paved streets, all utilities are available. A topographic survey has been completed. The property is located minutes from I-90, Post Falls, Coeur d'Alene, Spokane Valley, and shopping. The lot size is 0.25 acres. The property is zoned RES and is suitable for residential use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Post Falls
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.998833
    Latitude
    47.700179

    Nearby Similar for Sale

    • $2,200,000
      6,944 SF

      Post Falls Professional Office Building

      6,944 SF office building in a desirable Post Falls location.
      1581 E Edmondton Ave, Post Falls, ID 83854
      View Details
    • $749,000
      3,480 SF

      Post Falls Commercial Building

      Commercial building in Post Falls with warehouse and office space.
      706 E 3rd Ave, Post Falls, ID 83854
      View Details
    • $1,995,000
      3,200 SF

      Post Falls Commercial Building on Acre

      Commercial building on 1 acre with highway frontage.
      2315 N HIGHWAY 41, Post Falls, ID 83854
      View Details
    • $750,000
      2,304 SF

      Post Falls Commercial Opportunity Zone

      Turn-key, passive income with strong national tenant and long-term lease.
      3260 E SELTICE Way, Post Falls, ID 83854
      View Details
    • $3,500,000
      3,600 SF

      Post Falls C-Store/Gas Station

      Successful convenience store and gas station near I-90 access.
      4020 E Seltice Way, Post Falls, ID 83854
      View Details
    • $899,000
      4,800 SF

      Post Falls Commercial Building

      4800 SF commercial building on two city lots.
      415 E 3RD Ave, Post Falls, ID 83854
      View Details
    • $2,450,000
      9,300 SF

      Versatile Facility on 4.5 Acres

      Event center, offices, classrooms, chapel, home, and shop.
      19459 W Riverview Dr, Post Falls, ID 83854
      View Details
    • $399,000
      1,800 SF

      Post Falls Commercial Condo

      Commercial condo located between Coeur d'Alene and Spokane.
      3753 W 5th Ave, Post Falls, ID 83854
      View Details
    • $499,900

      Post Falls Land with Views

      10-acre parcel with mountain, city, and river views.
      3203 S Mellick Rd, Post Falls, ID 83854
      View Details
    • $765,000
      2,921 SF

      Well-Maintained Duplex in Post Falls

      Spacious duplex in family-friendly neighborhood, ideal for investment.
      1610 N Catherine St, Post Falls, ID 83854
      View Details
    • $765,000
      3,017 SF

      Spacious Duplex in Post Falls

      Well-maintained duplex with large units in a family-friendly neighborhood.
      1606 N Catherine St, Post Falls, ID 83854
      View Details
    • $295,000
      1,796 SF

      Versatile Commercial Condos For Sale

      Two commercial condos with flexible space and premium shared amenities.
      4415 W Grange Ave, Post Falls, ID 83854
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Waterfront land with river and mountain views in Post Falls.
    Where is this waterfront land located?
    The property is located at 695 S Majestic View Dr Post Falls, ID.
    What is the asking price?
    The asking price for this property is $360,000.
    What are key features of this property?
    This property features: **80 feet of Spokane River waterfront with river and mountain views.**; Ready for a custom dream home in an established neighborhood.; All utilities available and paved street access.
    (208) 209-6690
    We can help!
    Listing Contact
    Alla Boliou
    Real Estate License ID: 6181804
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!