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    Rathdrum Commercial Condo For Sale Title is generated by Realmo AI

    13616 W Highway 53, Rathdrum, ID 83858

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    Claim this Listing
    Pending
    $385,000

    COMMERCIAL - Rathdrum, ID

    Property size:
    1,800 SF
    Lot size:
    0.04 Acres
    Added:
    May 21, 2026
    Days on Market:
    48
    Last Refresh:
    Jul 7 at 10:06 pm

    Property Features for 13616 W Highway 53

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Industrial
    Interior features
    Cable Internet Available, 3 Phase Power
    Exterior features
    Lighting, Handicap Access, Lawn, Sprinkler System
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Pending
    APN
    RL91100A0040
    Size
    1,800 SF
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Unit 4A Land of the Free Condominiums, Recorded in Book L Page 911 of Plats
    Tax Annual Amount
    1095

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Electric (Heating), Other (Heating)
    Water source
    Public

    Building Details

    Year built
    2024
    Building materials
    Steel Siding, Steel Frame
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Contact an agent
    Stan Groves

    Listing agent Stan Groves License #SP23559

    Listing office EXP Realty 1653 E Braemere, Boise, ID

    Listing date May 21, 2026

    MLS# 26-5206

    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.

    HighLights

    • 1,800 SF industrial zoned commercial condo in the Land of the Free Commercial Condominiums on Highway 53 in Rathdrum
    • Rigid steel frame with steel siding; metal roof; R36 roof insulation and R25 exterior wall insulation
    • 14' insulated roll‑up door with opener plus high bay lighting
    • Private ADA restroom and accessible approach with ramp
    • 6'' concrete floors; insulated demising walls; 3‑phase power available
    • $165/mo HOA covers landscaping, snow removal, building insurance, exterior lighting, and garbage service

    Overview

    This 1,800 square foot industrial zoned commercial condo is located at the Land of the Free Commercial Condominiums on Highway 53 in Rathdrum. It is suitable for contractors, retail, or service users. The property features rigid steel construction, a private ADA restroom, and a 14-foot insulated roll-up door with opener. It also includes 3-phase power, high bay lighting, R36 roof insulation, R25 exterior wall insulation, insulated demising walls, and 6-inch concrete floors. Natural gas is stubbed to the unit, offering potential for office or loft buildout. The $165 per month HOA fee covers landscaping, snow removal, building insurance, exterior lighting, and garbage service. The property offers convenient access to Highway 53 and Highway 41. The property's intended use is commercial.

    Local 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 $31.3k $17.40
    − Vacancy −$5.3k −$2.96
    EGI $26.0k $14.44
    − OpEx −$6.5k −$3.61
    NOI $19.5k $10.83
    1,800 SF · lease $17.40/SF/yr · vacancy 17.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $278.5K
    $243.7K – $325.0K (±1% cap)
    NOI $19,497 @ 7.0% cap · market cap 5.06%
    Second Best
    Retail
    $259.2K
    $226.8K – $302.4K (±1% cap)
    NOI $18,144 @ 7.0% cap · market cap 4.71%
    Theoretical Best
    Office A
    $390.5K
    $341.7K – $455.6K (±1% cap)
    NOI $27,333 @ 7.0% cap · market cap 7.10%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Rathdrum
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.884595
    Latitude
    47.818578

    FAQs

    What type of property is this?
    Flex space - 1,800 SF industrial condo ideal for contractors, retail, or service.
    Where is this flex space located?
    The property is located at 13616 W Highway 53 Rathdrum, ID.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: 1,800 SF industrial zoned commercial condo in the Land of the Free Commercial Condominiums on Highway 53 in Rathdrum; Rigid steel frame with steel siding; metal roof; R36 roof insulation and R25 exterior wall insulation; 14' insulated roll‑up door with opener plus high bay lighting
    More about this property
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