Property profile

1189 Woodland Dr Sandpoint, ID 83864

FOR SALE
Industrial land
Property ID
US27-1003164
1.64 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional offering presents an unparalleled opportunity to acquire two brand-new duplex hangars situated on a spacious 1.64-acre lot at the prestigious Sandpoint Airpark (KSZT). Constructed in 2024, these structures boast a total of 24,000 square feet of meticulously designed hangar space, divided into four individual bays. Each hangar unit measures an impressive 75 feet by 80 feet, providing ample room for various aircraft and equipment. The all-steel construction ensures durability and longevity, while the modern amenities enhance functionality and comfort. High-performance 18' x 70' bi-fold hangar doors allow for easy access, complemented by infrared natural-gas heating and energy-efficient LED high-bay lighting. Plumbing is roughed in within each hangar, and each unit benefits from a robust 200-amp electrical service. Adding to the versatility, the east bays feature convenient 12' x 14' roll-up RV doors. Units A & B, located along Woodland Drive, offer unique public access independent of the airport property, making them suitable for a diverse range of commercial applications. The presence of windows and man doors on this side further enhances the potential for various business uses. Sandpoint Airport itself is a fully operational public airport, featuring a substantial 5501 by 75-foot asphalt runway. This property represents a rare combination of prime location, modern construction, and exceptional functionality, ideal for discerning buyers seeking a high-value investment in the Sandpoint area.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 1.64 ac (71,613 SF)
APN RPS38850000190A
UPID US27-1003164

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1189 Woodland Dr Sandpoint, ID 83864
Sandpoint metro Census 950203 SANDPOINT, ID MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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