Coeur d'Alene Office
920 Ironwood Dr Coeur d Alene, ID 83814
For Sale
Contact for pricing
Office building near Kootenai Health Campus with leases in place.
Property Size13,742 SF
Lot Size1.19 Acres
Price / SF$218.31
Days on Market514
Property Features for 920 Ironwood Dr
General Information
Standard status
Active
Size
13,742 SF
Lot size
1.19 Acres
Property subtype
OFFICE
Properties For Sale
at 920 Ironwood Dr Contact us
Listing Agency:
Kiemle Hagood
(208) 661-3044
Listed By:
Anthony Villelli · License #AB21160
(208) 661-3044
Source:
Moodyscre
Added: Mar 3, 2025
Changed: Jul 6
Last Checked: Jul 21 at 4:39AM
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
Investment Insights
Based on property information with market context.
This office building offers approximately 13,742 square feet of space on a parcel of approximately 1.19 acres. The property, identified by parcel number C00000111525, is situated across the street from the Kootenai Health Campus, providing high visibility and abundant on-site parking. It features convenient access to both I-90 and Highway 95, with two access points from Ironwood Drive. Leases are currently in place, presenting an opportunity for either an owner-user or an investor.
Key Highlights
- High visibility location across the street from the Kootenai Health Campus.
- Investment opportunity with leases in place.
- Building size: ±13,742 SF on ±1.19 Acres.
Financial Insights For Office B
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 | $239.1k | $17.40 |
| − Vacancy | −$40.6k | −$2.96 |
| EGI | $198.5k | $14.44 |
| − OpEx | −$49.6k | −$3.61 |
| NOI | $148.8k | $10.83 |
13,742 SF · lease $17.40/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.13M
$1.86M – $2.48M
NOI $148,846 @ 7.0% cap · market cap 4.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.98M
$2.61M – $3.48M
NOI $208,670 @ 7.0% cap · market cap 6.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Office building near Kootenai Health Campus with leases in place.
Where is this office building located?
The property is located at 920 Ironwood Dr Coeur d Alene, ID.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: High visibility location across the street from the Kootenai Health Campus.; Investment opportunity with leases in place.; Building size: ±13,742 SF on ±1.19 Acres.
