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    15381 Highway 41 Rathdrum, ID 83858

    Sponsored
    For Sale
    $548,000

    High-traffic location, 100% leased, solid income.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 15381 N Highway 41 in Rathdrum, Idaho, presents a lucrative investment opportunity. The Lakeland Business Center is a well-established office building boasting a prime location with significant frontage along Highway 41, ensuring high visibility and accessibility. The 0.14-acre lot houses a building currently operating at 100% occupancy, providing a stable and consistent income stream from long-term tenants. The building benefits from solid rental rates, reflecting its desirable location and established tenant base. While some remodeling was completed in 2000, the property is well-maintained and ready for continued success. The high traffic count on Highway 41 guarantees significant exposure for any business operating within the building. This is an ideal investment for those seeking a stable, income-producing asset in a thriving location. The property's strong tenant history and consistent rental income make it a low-risk, high-reward opportunity. Serious inquiries are encouraged. The building's size is not specified in the provided information.

    Property Features for 15381 Highway 41

    General Information

    Property type
    Other commercial real estate
    Lot Size
    6,098 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rathdrum
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.8892
    Latitude
    47.81203

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, 100% leased, solid income.
    Where is this commercial real estate located?
    The property is located at 15381 Highway 41 Rathdrum, ID.
    What is the asking price?
    The asking price for this property is $548,000.
    (208) 765-5554
    Request Owner's contact information
    15381 Highway 41 Rathdrum, ID 83858
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    Rathdrum, ID 83858
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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
    15381 Highway 41 Rathdrum, ID 83858
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