Remodeled Mixed-Use
New
For Sale
$1,100,000
1911 4th, Coeur d Alene, ID 83814
Flexible commercial layout with private parking, alley access, and three finished levels.
Property Size4,391 SF
Price / SF$250.51
Days on Market2
Property Features for 1911 4th
General Information
Standard status
Active
Size
4,391 SF
Total Parking Spaces
10
Property subtype
Commercial
Zoning
CDA C-17
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$3,232
Amenities
3 bathrooms (handicap accessible)
2 kitchenettes
basement storage
patio
front lawn
Garage: Paved
3.00
Paved
Building Details
Year Built
1985
Year Renovated
2021
Buildings
1
Stories
3
Construction
brick
Listing Agency:
The Agency Coeur d'Alene
Listed By:
Greg Link Jr · License #AB36911
(208) 661-5524
Source:
Clearwaterproperties
Added: Sep 13
Last Checked: Sep 13 at 3:20PM
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 The Agency Coeur d'Alene
Investment Insights
Based on property information with market context.
This remodeled mixed-use property in Coeur d’Alene combines a brick exterior, metal roof, and three finished levels with a fully finished basement. The interior was updated in 2021 and includes two kitchenettes, basement storage, three bathrooms, an accessible bathroom, and another with a shower and washer/dryer hookups. An inviting patio and maintained front lawn add usable exterior space.
Access is available from N 3rd and N 4th, with additional alley access, private parking for approximately 10 vehicles, and street parking. The property is near Downtown, Midtown, and I-90. Zoned CDA C-17, the layout supports office, retail, salon or spa, wellness, coworking, creative, and multi-tenant applications identified in the property information.
Access is available from N 3rd and N 4th, with additional alley access, private parking for approximately 10 vehicles, and street parking. The property is near Downtown, Midtown, and I-90. Zoned CDA C-17, the layout supports office, retail, salon or spa, wellness, coworking, creative, and multi-tenant applications identified in the property information.
Key Highlights
- Remodeled in 2021 with upscale interior finishes
- Three finished levels plus a fully finished basement
- Private parking for approximately 10 vehicles, plus street parking
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$47,561
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$951,220
$951.2K
Cap Rate 7%
$679,443
$679.4K
Cap Rate 9%
$528,456
$528.5K
Market Conditions
NOI Build-Up for 4,391 SF
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.
Gross rent
$76.4K $17.40/SF
− Vacancy
−$13.0K −$2.96/SF
EGI
$63.4K $14.44/SF
− OpEx
−$15.9K −$3.61/SF
NOI
$47.6K $10.83/SF
Area
Kootenai County, ID
Vacancy
17.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$951,220
Cap Rate 7%
$679,443
Cap Rate 9%
$528,456
Alternative Uses
Best Use
Office B
$679.4K
$594.5K – $792.7K
NOI $47,561 @ 7.0% cap · market cap 4.32%
Second Best
Mixed Use
$656.3K
$574.3K – $765.7K
NOI $45,941 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$952.5K
$833.5K – $1.11M
NOI $66,676 @ 7.0% cap · market cap 6.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,802
Businesses Nearby
Explore this area
Business Placement
Demographics for 83814, ID
26,966
Population
14,314
Households
1.9
Avg Household Size
43
Median Age
34%
College-Educated
95%
High-School Grad
194.1 sq mi
ZIP Area
139
Density / Sq Mi
$69,914
Median Household Income
$41,195
Median Earnings
$1,223
Median Rent
$518,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible commercial layout with private parking, alley access, and three finished levels.
Where is this mixed-use property located?
The property is located at 1911 4th Coeur d Alene, ID.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Remodeled in 2021 with upscale interior finishes; Three finished levels plus a fully finished basement; Private parking for approximately 10 vehicles, plus street parking
