Sign Up Successful!
You now have access to more from Realmo!
    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

    9493 N Government Way Hayden, ID 83835

    Sponsored
    For Sale
    $3,985,000

    COMMERCIAL - Hayden, ID

    Property size:
    10,053 SF
    Lot size:
    1.27 Acres
    Days on Market:
    3
    Last Refresh:
    Feb 25 at 5:06 am

    Property Features for 9493 N Government Way

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    Zoning
    Hayden - CBD
    APN
    H405023187AJ
    Interior features
    Storage, Cable Internet Available, DSL Available, High Speed Internet, Phone Prewired
    Exterior features
    Lighting, Lawn, Sprinkler System
    Basement
    None
    Size
    10,053 SF
    Lot size
    1.27 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air, Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2020
    Building materials
    Hardboard, Frame, Steel Frame
    Roof type
    Rubber
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Joel Pearl
    Joel Pearl

    Pearl Realty (208) 762-5500

    Listing agent Joel Pearl (208) 762-5500 License #DB29302

    Listing date Feb 23, 2026

    MLS# 26-1566

    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

    Hayden Commercial Property with Development Potential

    Located in Hayden's Central Business District, this mixed-use property presents an opportunity for both owner-users and investors. The 1.27-acre site consists of two parcels and includes approximately 10,053 square feet of existing structures. There are 40 on-site parking spaces. The property is currently anchored by stable tenants, providing reliable income. The back parcel offers prime development potential for apartments or multifamily housing. The versatile zoning enhances long-term value, making this a compelling option for a 1031 exchange buyer or an owner looking to establish a flagship presence in Hayden. The property is suitable for an owner-user seeking a strategic headquarters or an investor pursuing strong income with upside potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pearl Realty Real Estate Agency Robert Ancker, MD Nursing Home Susan Cross, NP Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Hayden
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.787186
    Latitude
    47.757963

    Nearby Similar for Sale

    • $1,400,000
      6,498 SF

      Hayden Office/Industrial Building For Sale

      Office/industrial building on a fenced lot with multiple offices and amenities.
      11445 N Reed Rd, Hayden, ID 83835
      View Details
    • $1,200,000
      Pending

      Commercial Building on Hayden Avenue

      Commercial building on a large lot with easy highway access.
      866 W Hayden Ave, Hayden, ID 83835
      View Details
    • $1,559,900
      3,280 SF

      Established Physical Therapy Business For Sale

      Thriving physical therapy business with property in Hayden, Idaho.
      8300 N Wayne Dr, Hayden, ID 83835
      View Details
    • New
      $1,550,000
      3,280 SF

      Established Physical Therapy Business For Sale

      Thriving physical therapy business with real estate in Hayden, Idaho.
      8300 N Wayne Dr, Hayden, ID 83835
      View Details
    • $425,000

      Established Florist Business For Sale

      Profitable florist and gift business with excellent reputation for sale.
      9170 N Hess St, Hayden, ID 83835
      View Details
    • $389,000

      Established Physical Therapy Business Opportunity

      Thriving physical therapy business for sale in Hayden, Idaho.
      8300 N Wayne Dr, Hayden, ID 83835
      View Details
    • New
      $399,000
      3,280 SF

      Established Physical Therapy Business Opportunity

      Thriving physical therapy business for sale in Hayden, Idaho.
      8300 N Wayne Dr, Hayden, ID 83835
      View Details
    • $1,500,000
      4,104 SF

      Hayden, ID Office & Shop

      New Class A office and shop combination in Hayden, ID.
      8512 N Wayne Dr, Hayden, ID 83835
      View Details
    • $350,000
      Pending

      Hayden Flex Unit For Sale

      Light industrial/flex unit in Biztown Commercial Plaza, Hayden, ID.
      9780 N Biztown Loop, Hayden, ID 83835
      View Details
    • $5,995,000
      7,040 SF

      Hayden, ID Commercial Property

      5.91-acre commercial property with office and warehouse buildings.
      15223 N Government Way, Hayden, ID 83835
      View Details
    • New
      $1,750,000
      6,700 SF

      Versatile Warehouse and Office Space

      6,700 sq ft warehouse and office with fenced yard.
      11783 N Warren St, Hayden, ID 83835
      View Details
    • $2,678,000
      6,624 SF

      Highway 95 Frontage Commercial Property

      Prime commercial opportunity in Hayden's Warren K Industrial Park.
      11494 N Warren St, Hayden, ID 83835
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property in Hayden's Central Business District with income potential.
    Where is this mixed-use property located?
    The property is located at 9493 N Government Way Hayden, ID.
    What is the asking price?
    The asking price for this property is $3,985,000.
    What are key features of this property?
    This property features: - Prime 1.27-acre site in Hayden Central Business District with development potential for apartments or multifamily.; - Existing structures of approximately 10,053 square feet anchored by stable tenants providing reliable income.; - Versatile zoning allows for future expansion through retail, commercial, or residential development.
    (208) 762-5500
    Request Owner's contact information
    9493 N Government Way Hayden, ID 83835
    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.
    9493 N Government Way
    Hayden, ID 83835
    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
    9493 N Government Way Hayden, ID 83835
    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

    We can help!
    Listing Contact
    Joel Pearl
    Joel Pearl
    Real Estate License ID: DB29302
    (208) 762-5500
    Learn more
    Google sign-in failed. Please try again or use another login method.