Finished Storefront
For Sale
$2,500,000
1640 Schneidmiller, Post Falls, ID 83854
Paved exterior areas complement a finished commercial interior with hot water and natural gas features.
Property Size9,750 SF
Days on Market66
Property Features for 1640 Schneidmiller
General Information
Standard status
Active
Size
9,750 SF
Zoning
Post Falls Ind
Taxes and HOA fees
Annual Taxes
$4,297
Amenities
Hot Water, Natural Gas
Finished, Full
Paved
Building Details
Building Size
9,750 SF
Year Built
2001
Buildings
1
Listing Agency:
John L. Scott Idaho
Listed By:
Josh Beebe · License #AB23193
(208) 699-7980
Source:
Evrealestate
Added: Aug 11
Changed: Oct 1
Last Checked: Oct 14 at 10:19PM
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 John L. Scott Idaho
Investment Insights
Based on property information with market context.
This storefront property includes a finished interior and paved exterior areas. Interior features include hot water and natural gas, providing documented utility-related improvements within the building.
Constructed in 2001, the property is located at 1640 Schneidmiller in Post Falls, Idaho, in Kootenai County. Zoning is identified as Post Falls Ind.
Constructed in 2001, the property is located at 1640 Schneidmiller in Post Falls, Idaho, in Kootenai County. Zoning is identified as Post Falls Ind.
Key Highlights
- Finished commercial interior
- Hot water and natural gas features
- Paved exterior areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$98,280
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,965,600
$2.0M
Cap Rate 7%
$1,404,000
$1.4M
Cap Rate 9%
$1,092,000
$1.1M
Market Conditions
NOI Build-Up for 9,750 SF
Gross rent
$146.3K $15.00/SF
− Vacancy
−$5.9K −$0.60/SF
EGI
$140.4K $14.40/SF
− OpEx
−$42.1K −$4.32/SF
NOI
$98.3K $10.08/SF
Area
Kootenai County, ID
Vacancy
4.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,965,600
Cap Rate 7%
$1,404,000
Cap Rate 9%
$1,092,000
Alternative Uses
Best Use
Retail
$1.40M
$1.23M – $1.64M
NOI $98,280 @ 7.0% cap · market cap 3.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.12M
$1.85M – $2.47M
NOI $148,052 @ 7.0% cap · market cap 5.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
873
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 83%
Dining 17%
76
Shops & Services
9,682 visits/mo
0.2 miles
The UPS Store
Shops & Services
6,487 visits/mo
0.2 miles
Little Caesars Pizza
Dining
3,529 visits/mo
0.2 miles
Jiffy Lube
Shops & Services
926 visits/mo
0.1 miles
Northwest Self Storage
Shops & Services
612 visits/mo
0.5 miles
Demographics for 83854, ID
49,040
Population
20,440
Households
2.4
Avg Household Size
37
Median Age
23%
College-Educated
92%
High-School Grad
77.6 sq mi
ZIP Area
632
Density / Sq Mi
$72,820
Median Household Income
$41,223
Median Earnings
$1,311
Median Rent
$433,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Paved exterior areas complement a finished commercial interior with hot water and natural gas features.
Where is this storefront property located?
The property is located at 1640 Schneidmiller Post Falls, ID.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Finished commercial interior; Hot water and natural gas features; Paved exterior areas
