Mixed-Use Income
11028 N GOVERNMENT Way Hayden, ID 83835
11028 N GOVERNMENT Way, Hayden, ID, 83835
$549,000
Pending
For Sale
$549,000
Pending
COMMERCIAL - Hayden, ID
Property Size1,921 SF
Lot Size1.81 Acres
Days on Market609
Property Features for 11028 N GOVERNMENT Way
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Mixed use/Multi
- Rooms
- Basement
- Basement
- Finished
- Standard status
- Pending
- APN
- H045013013AK
- Size
- 1,921 SF
- Lot size
- 1.81 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- AVONDALE, S 1/4-TR 13 EX N 99 FT-W 220 FT EX R/W HAYDEN URD BASE YR 2005 1351N04W
- Tax Annual Amount
- 2023
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1969
- Building materials
- T1-11, Frame
- Roof type
- Composition
- Architectural style
- Other
- Additional Structures
- Storage
Listing agency
Realty One Group Eclipse
(509) 327-2238
Listed by
Ginger Anderson · License #SP47084
(208) 704-1921
Added: Nov 20, 2024 Updated: Jul 20 at 5:38PM Checked: Jul 22 at 6:06AM
MLS# 24-10799
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.
Investment Insights
Based on property information with market context.
This mixed-use income property on 1.81 acres is currently used as rental income and is described as a combination of mixed use and multifamily residential. The listing presents the site as suitable for continued rental use or for additional development possibilities given its size and configuration.
The property is located in Hayden, Idaho and identified under a mixed use/multi zoning designation. Public remarks note a nearby sushi restaurant and brand new townhomes next door, supporting an active residential and neighborhood retail context.
For buyers or tenants evaluating a property within a mixed-use/multi framework, this is a straightforward offering centered on an existing rental-income use on a sizable parcel.
The property is located in Hayden, Idaho and identified under a mixed use/multi zoning designation. Public remarks note a nearby sushi restaurant and brand new townhomes next door, supporting an active residential and neighborhood retail context.
For buyers or tenants evaluating a property within a mixed-use/multi framework, this is a straightforward offering centered on an existing rental-income use on a sizable parcel.
Key Highlights
- 1.8‑acre property in Hayden, currently used for rental income
- Mixed‑use/residential and multi‑family use noted in the listing
- Year built: 1969
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.1k | $16.20 |
| − Vacancy | −$1.6k | −$0.84 |
| EGI | $29.5k | $15.36 |
| − OpEx | −$13.3k | −$6.91 |
| NOI | $16.2k | $8.45 |
1,921 SF · lease $16.20/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$231.8K
$202.8K – $270.4K
NOI $16,226 @ 7.0% cap · market cap 2.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$416.7K
$364.6K – $486.2K
NOI $29,170 @ 7.0% cap · market cap 5.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Multifamily properties
Similar For Sale Nearby
FAQs
What type of property is this?
Multifamily property - 1.81-acre mixed-use multifamily property currently producing rental income, with nearby commercial and new townhome development.
Where is this multifamily property located?
The property is located at 11028 N GOVERNMENT Way Hayden, ID.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 1.8‑acre property in Hayden, currently used for rental income; Mixed‑use/residential and multi‑family use noted in the listing; Year built: 1969
