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    3260 E Seltice Way Post Falls, ID 83854

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    For Sale
    $750,000

    Turn-key investment property with national tenant and long-term lease.

    Property size:
    2,304 SF
    Lot size:
    0.65 Acres

    Property Features for 3260 E Seltice Way

    General Information

    Size
    2,304 SF
    Lot size
    0.65 Acres

    Source: Keller Williams Realty Coeur d' Alene Agent Richard Scharf

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Post Falls Investment Opportunity

    This property presents a turn-key, passive income opportunity with a strong national tenant and a long-term lease. Situated in a prime Post Falls Opportunity Zone location, it offers potential long-term tax incentives. Enterprise Rent-A-Car has recently signed a 5-year lease, which includes four 5-year renewal options. The property, previously operated as a car wash, features a well-maintained asset. The automatic wash bay is undergoing renovation to create 576 square feet of office space. An additional building on the property houses a 1,725-square-foot self-serve standard rack equipped with 4 bay cat pumps with hot water, a champion air compressor, and a boiler for floor heat. The property offers long-term stability with a modified gross lease extending through August 2030. The current rent is $3,250 per month, demonstrating a 5.2% CAP. The total property size is 2,304 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Monkey Shine Self Service Car Wash

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Post Falls
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.993073
    Latitude
    47.715817

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    FAQs

    What type of property is this?
    Self service car wash - Turn-key investment property with national tenant and long-term lease.
    Where is this self service car wash located?
    The property is located at 3260 E Seltice Way Post Falls, ID.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Long-term lease with Enterprise Rent-A-Car (national tenant) extending through August 2030 with renewal options.; - Located in a prime Post Falls Opportunity Zone, offering potential long-term tax incentives.; - Turn-key, passive income opportunity with current rent at $3,250/month and a 5.2% CAP rate.
    (208) 651-9699
    Request Owner's contact information
    3260 E Seltice Way Post Falls, ID 83854
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    Post Falls, ID 83854
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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
    3260 E Seltice Way Post Falls, ID 83854
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