275 Industrial Park, Spirit Lake, ID 83869
Fully fenced industrial building with roll-up doors, radiant heat, and office support for owner-operators.
- Added:
- Mar 17, 2026
- Days on Market:
- 91
- Last Refresh:
- Jun 15 at 2:42 am
Property Features for 275 Industrial Park
General Information
- Standard status
- Active
- Size
- 9,600 SF
- Lot size
- 2.00 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 2021
Listing agent Brenda Olson License #SP56049 (702) 575-9628
Listing office Mike Icardo Realty (702) 575-9628
Listing date Mar 17, 2026
Source Xome
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HighLights
- Fully fenced industrial building with 9,600 SF on 2 acres (year built 2021).
- Durable 6‑inch concrete floors with radiant heat throughout for year‑round workspace comfort.
- Efficient shop access with two 14' x 14' roll‑up doors and one 12' x 12' roll‑up door.
- Includes two private offices and two restrooms for administrative and shop operations.
- Three‑phase power is across the street to support industrial equipment and operations.
- Zoned Industrial; lot fronts public roads with dirt, gravel, and paved road access and a city view.
Overview
Operational access is straightforward with two 14' x 14' roll-up doors and one 12' x 12' roll-up door. The property includes outdoor area on the 2-acre site that can be used for outdoor storage and parking, and may allow room for future expansion. The remarks also note that three-phase power is across the street.
The configuration and improvements make this property a strong fit for an owner-user who wants an equipped facility for service, fabrication, or contractor-style operations. With in-building office space, multiple roll-up bays, and radiant heat tied to the shop environment, it supports both production workflows and on-site management without relying on separate office space.
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 | $167.0k | $17.40 |
| − Vacancy | −$28.4k | −$2.96 |
| EGI | $138.6k | $14.44 |
| − OpEx | −$34.7k | −$3.61 |
| NOI | $104.0k | $10.83 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Spirit Lake
- County
- Kootenai
- State
- Idaho
- Longitude
- -116.8791662
- Latitude
- 47.9885638
