Light Industrial Warehouse
For Sale
Contact for pricing
Pending
10146 N Atlas Rd, Hayden, ID 83835
Built in 2004, this well-maintained warehouse is offered with material-handling equipment and pallet racking.
Property Size3,900 SF
Days on Market143
Property Features for 10146 N Atlas Rd
General Information
Standard status
Pending
Size
3,900 SF
Property subtype
INDUSTRIAL
Building Details
Year Built
2004
Listing Agency:
Windermere - Coeur d' Alene Realty
(208) 691-0390
Listed By:
Joshua Suhr
(208) 691-0390
Source:
Moodyscre
Added: Mar 23
Changed: Aug 11
Last Checked: Aug 11 at 11:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Windermere - Coeur d' Alene Realty
Investment Insights
Based on property information with market context.
This clean, well-maintained warehouse/distribution unit was built in 2004 and contains 3,900 square feet. The property is suited for warehousing, distribution, fabrication, or light manufacturing. Included in the sale are turnkey material-handling items, including a pallet jack, forklift, and extensive pallet racking, supporting day-to-day storage and movement operations.
Located in Hayden’s light industrial neighborhood, the unit offers an owner-operator or business-ready setup with existing handling and racking in place.
Located in Hayden’s light industrial neighborhood, the unit offers an owner-operator or business-ready setup with existing handling and racking in place.
Key Highlights
- Built in 2004 warehouse/unit with 3,900 sqft of well‑maintained space
- Suitable for warehousing, distribution, fabrication, or light manufacturing
- Included in the sale: pallet jack, forklift, and extensive pallet racking
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,284
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.93%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$565,680
$565.7K
Cap Rate 7%
$404,057
$404.1K
Cap Rate 9%
$314,267
$314.3K
Market Conditions
NOI Build-Up for 3,900 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$35.1K $9.00/SF
− Vacancy
−$1.8K −$0.47/SF
EGI
$33.3K $8.53/SF
− OpEx
−$5.0K −$1.28/SF
NOI
$28.3K $7.25/SF
Area
Kootenai County, ID
Vacancy
5.20%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$565,680
Cap Rate 7%
$404,057
Cap Rate 9%
$314,267
Alternative Uses
Best Use
Warehouse
$404.1K
$353.6K – $471.4K
NOI $28,284 @ 7.0% cap · market cap 2.93%
Second Best
Industrial
$332.7K
$291.2K – $388.2K
NOI $23,292 @ 7.0% cap · market cap 2.41%
Theoretical Best
Office A
$846.0K
$740.3K – $987.0K
NOI $59,221 @ 7.0% cap · market cap 6.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
90
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 83835, ID
23,157
Population
10,110
Households
2.3
Avg Household Size
46
Median Age
33%
College-Educated
95%
High-School Grad
99.4 sq mi
ZIP Area
233
Density / Sq Mi
$86,014
Median Household Income
$43,925
Median Earnings
$1,688
Median Rent
$502,400
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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- Storage — 2936 W Dakota Ave, Hayden, ID 83835
- StorageMart — 3027 Hayden Ave, Hayden, ID 83835
- GarageTown Hayden COA — Physical Address: 3100 West Dakota Avenue Mailing Address: POB 3225, Hayden, ID 83835
Frequently Asked Questions
What type of property is this?
Warehouse - Built in 2004, this well-maintained warehouse is offered with material-handling equipment and pallet racking.
Where is this warehouse located?
The property is located at 10146 N Atlas Rd Hayden, ID.
What is the asking price?
The asking price for this property is $965,000.
What are key features of this property?
This property features: Built in 2004 warehouse/unit with 3,900 sqft of well‑maintained space; Suitable for warehousing, distribution, fabrication, or light manufacturing; Included in the sale: pallet jack, forklift, and extensive pallet racking
