Heated Warehouse
For Sale
$219,500
3100 Dakota, Hayden, ID 83835
Automatic overhead access accommodates oversized vehicles, including RVs, boats, and trailers.
Property Size1,097 SF
Price / SF$200.09
Days on Market31
Property Features for 3100 Dakota
General Information
Standard status
Active
Size
1,097 SF
Property subtype
Commercial
Additional Details
Drive-In Doors
1
Taxes and HOA fees
Annual Taxes
$780
Amenities
common-area restrooms and showers
Garage: Paved
0.00
Paved
Building Details
Year Built
2006
Listing Agency:
Berkshire Hathaway HomeServices Jacklin Real Estate
(208) 640-6773
Listed By:
Duane Oliver · License #SP39595
Source:
Clearwaterproperties
Added: Aug 1
Changed: Aug 31
Last Checked: Aug 31 at 12:35AM
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 Berkshire Hathaway HomeServices Jacklin Real Estate
Investment Insights
Based on property information with market context.
This heated warehouse unit at GarageTown Hayden offers a flexible enclosed space for storage, workshop use, hobbies, or a small operation. The facility includes a CMU firewall, bright overhead lighting, multiple electrical outlets, and an automatic overhead door measuring 14 feet high by 16 feet wide. These features support access for RVs, boats, trailers, and other oversized vehicles.
Located at 3100 Dakota in Hayden, Idaho, the unit is part of a garage condominium complex with paved exterior areas. Owners have access to shared restrooms and showers, while complex services include blanket property insurance, professional snow removal, and general maintenance. Built in 2006, the property combines dedicated enclosed space with shared common-area amenities.
Located at 3100 Dakota in Hayden, Idaho, the unit is part of a garage condominium complex with paved exterior areas. Owners have access to shared restrooms and showers, while complex services include blanket property insurance, professional snow removal, and general maintenance. Built in 2006, the property combines dedicated enclosed space with shared common-area amenities.
Key Highlights
- Heated warehouse unit with CMU firewall
- 14‑foot‑high by 16‑foot‑wide automatic overhead door
- Access suited for RVs, boats, trailers, and oversized vehicles
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
$7,956
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
3.62%
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%
$159,120
$159.1K
Cap Rate 7%
$113,657
$113.7K
Cap Rate 9%
$88,400
$88.4K
Market Conditions
NOI Build-Up for 1,097 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
$9.9K $9.00/SF
− Vacancy
−$513 −$0.47/SF
EGI
$9.4K $8.53/SF
− OpEx
−$1.4K −$1.28/SF
NOI
$8.0K $7.25/SF
Area
Kootenai County, ID
Vacancy
5.20%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
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%
$159,120
Cap Rate 7%
$113,657
Cap Rate 9%
$88,400
Alternative Uses
Best Use
Warehouse
$113.7K
$99.5K – $132.6K
NOI $7,956 @ 7.0% cap · market cap 3.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$238.0K
$208.2K – $277.6K
NOI $16,658 @ 7.0% cap · market cap 7.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
211
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 83835, ID
23,157
Population
10,110
Households
2.3
Avg Household Size
46
Median Age
33%
College-Educated
95%
High-School Grad
99.4 sq mi
ZIP Area
233
Density / Sq Mi
$86,014
Median Household Income
$43,925
Median Earnings
$1,688
Median Rent
$502,400
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- StorageMart — 3027 Hayden Ave, Hayden, ID 83835
- Hayden Avenue Self Storage — 2815 Hayden Ave, Hayden, ID 83835
- Hayden Avenue Boat & RV Storage — 2795, 2191 Hayden Ave, Hayden, ID 83835
- GarageTown Hayden COA — Physical Address: 3100 West Dakota Avenue Mailing Address: POB 3225, Hayden, ID 83835
- Storage — 2936 W Dakota Ave, Hayden, ID 83835
Frequently Asked Questions
What type of property is this?
Warehouse - Automatic overhead access accommodates oversized vehicles, including RVs, boats, and trailers.
Where is this warehouse located?
The property is located at 3100 Dakota Hayden, ID.
What is the asking price?
The asking price for this property is $219,500.
What are key features of this property?
This property features: Heated warehouse unit with CMU firewall; 14‑foot‑high by 16‑foot‑wide automatic overhead door; Access suited for RVs, boats, trailers, and oversized vehicles
