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    11028 Government Way Hayden, ID 83835

    For Sale
    $695,000

    High-yield rental, buildable lot, prime location.

    Property size:
    1,921 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 1,921 square foot property situated on a generous 1.81-acre lot in Hayden, Idaho presents a compelling investment opportunity. Currently generating rental income, the property's mixed-use zoning allows for a variety of development options. Imagine the possibilities: continue the successful rental operation, convert to multi-family housing, or construct your dream home on this expansive lot. The location is undeniably advantageous, boasting proximity to a highly-rated sushi restaurant and newly constructed townhomes, ensuring high visibility and desirability. The existing structure offers immediate return on investment, while the substantial lot size provides significant future development potential. This property is ideally suited for savvy investors seeking a versatile asset in a thriving community. The 1,921 square feet of existing building provides ample space for various uses, and the 1.81 acres offer room for expansion or redevelopment. The combination of immediate income generation and long-term development potential makes this a truly unique opportunity. Don't miss out on this chance to acquire a prime piece of real estate in a rapidly growing area. The property's address is 11028 Government, Hayden, ID. The asking price is $695,000.

    Property Features for 11028 Government Way

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,921 SF
    Lot Size
    78,844 SF

    Building Details

    Year Built
    1969
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Hayden
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.785
    Latitude
    47.7719

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    FAQs

    What type of property is this?
    Commercial real estate - High-yield rental, buildable lot, prime location.
    Where is this commercial real estate located?
    The property is located at 11028 Government Way Hayden, ID.
    What is the asking price?
    The asking price for this property is $695,000.
    (509) 241-0336
    Request Owner's contact information
    11028 Government Way Hayden, ID 83835
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    Hayden, ID 83835
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    Realmo Value Estimation

    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.

    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.

    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
    11028 Government Way Hayden, ID 83835
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