Office Building with Monument
New
For Sale
$1,450,000
2320 North Government Way, Coeur d Alene, ID 83814
On-site parking and a monument sign support convenient access for tenants and visitors.
Property Size3,958 SF
Days on Market7
Property Features for 2320 North Government Way
General Information
Standard status
Active
Size
3,958 SF
Class
A
Property subtype
Office
Additional Details
Road Access
Yes
Amenities
monument sign
Building Details
Building Size
3,958 SF
Listing Agency:
TOK Inland Northwest LLC
Listed By:
Don Crawford · License #SP48065
(208) 660-1207
Source:
Tokcommercial
Added: Oct 30
Changed: Nov 4
Last Checked: Nov 4 at 11:29AM
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 TOK Inland Northwest LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,958-square-foot office building is located on N Government Way in Coeur d’Alene. The property includes on-site parking and a monument sign.
Retail, services, and major transportation routes are accessible from the central Coeur d’Alene location.
Retail, services, and major transportation routes are accessible from the central Coeur d’Alene location.
Key Highlights
- 3,958‑square‑foot office building
- On‑site parking
- Monument sign
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,871
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$857,420
$857.4K
Cap Rate 7%
$612,443
$612.4K
Cap Rate 9%
$476,344
$476.3K
Market Conditions
NOI Build-Up for 3,958 SF
Gross rent
$68.9K $17.40/SF
− Vacancy
−$11.7K −$2.96/SF
EGI
$57.2K $14.44/SF
− OpEx
−$14.3K −$3.61/SF
NOI
$42.9K $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 Rate 5%
$857,420
Cap Rate 7%
$612,443
Cap Rate 9%
$476,344
Alternative Uses
Best Use
Office B
$612.4K
$535.9K – $714.5K
NOI $42,871 @ 7.0% cap · market cap 2.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$858.6K
$751.3K – $1.00M
NOI $60,101 @ 7.0% cap · market cap 4.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,141
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - On-site parking and a monument sign support convenient access for tenants and visitors.
Where is this office building located?
The property is located at 2320 North Government Way Coeur d Alene, ID.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 3,958‑square‑foot office building; On‑site parking; Monument sign
