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Single-Story Office Building
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1038 Northwest Blvd, Coeur d Alene, ID 83814

Built-out professional workspace with private offices, reception, conference room, and on-site parking.

Property Size5,360 SF
Lot Size1.03 Acres
Price / SF$353.54
Days on Market73

Property Features for 1038 Northwest Blvd

General Information

Standard status Active
Size 5,360 SF
Lot size 1.03 Acres
Property subtype OFFICE

Building Details

Buildings 1
Stories 1
Listing Agency: Kiemle Hagood
Listed By: Pat Eberlin · License #37348
Source: Moodyscre
Added: Aug 25 Changed: Oct 25 Last Checked: Nov 4 at 2:31PM

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 Kiemle Hagood

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Investment Insights

Based on property information with market context.

This 5,360-square-foot office building occupies approximately 1.03 acres at 1038 Northwest Blvd in Coeur d'Alene. The single-level layout is configured for professional use, with private offices, open work areas, a reception zone, conference room, breakroom, restrooms, and storage. Signage and parking are included as part of the property improvements.

The property is situated near downtown Coeur d'Alene, providing a central setting for an office user. Its existing configuration offers a combination of enclosed workspaces and shared areas within one floor, supporting a range of administrative or professional office operations.

Key Highlights

  • 5,360‑square‑foot office building on approximately 1.03 acres
  • Single‑level configuration with private offices and open work areas
  • Reception area, conference room, breakroom, restrooms, and storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$58,057
Cap Rate
3.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,161,140 $1.2M
Cap Rate 7%
$829,386 $829.4K
Cap Rate 9%
$645,078 $645.1K
Market Conditions
NOI Build-Up for 5,360 SF
Gross rent
$93.3K $17.40/SF
− Vacancy
−$15.9K −$2.96/SF
EGI
$77.4K $14.44/SF
− OpEx
−$19.4K −$3.61/SF
NOI
$58.1K $10.83/SF
Area
Kootenai County, ID
Vacancy
17.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,161,140
Cap Rate 7%
$829,386
Cap Rate 9%
$645,078

Alternative Uses

Best Use
Office B
$829.4K
$725.7K – $967.6K (±1% cap)
NOI $58,057 @ 7.0% cap · market cap 3.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.16M
$1.02M – $1.36M (±1% cap)
NOI $81,391 @ 7.0% cap · market cap 4.30%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Jessica Peterson Foster Care Service Heritage Health Psychiatric ... Counselor Heritage Health - 1038 ... Community Health Centre

Suggested Use

Top Pick Building Supply Auto Parts Store Storage Facility HVAC Service Parking Lot & Garage Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,016
Businesses Nearby

Demographics for 83814, ID

26,966
Population
14,314
Households
1.9
Avg Household Size
43
Median Age
34%
College-Educated
95%
High-School Grad
194.1 sq mi
ZIP Area
139
Density / Sq Mi
$69,914
Median Household Income
$41,195
Median Earnings
$1,223
Median Rent
$518,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Built-out professional workspace with private offices, reception, conference room, and on-site parking.
Where is this office building located?
The property is located at 1038 Northwest Blvd Coeur d Alene, ID.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: 5,360‑square‑foot office building on approximately 1.03 acres; Single‑level configuration with private offices and open work areas; Reception area, conference room, breakroom, restrooms, and storage
(208) 215-1375 Call to check price and availability
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