Flex Space with Grade-Level
New
For Sale
Contact for pricing
3128 W Seltice Way, Post Falls, ID 83854
Office and warehouse areas are paired with gated entry and individual restrooms in each unit.
Property Size6,000 SF
Days on Market2
Property Features for 3128 W Seltice Way
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Industrial
Lease Term
NNN
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Clear Height
13 ft
Power
200 amps
Amenities
Restrooms in each unit
Secure gated entry
Building Details
Building Size
6,000 SF
Year Built
2008
Year Renovated
2022
Properties For Sale
at 3128 W Seltice Way Contact usUnit A
Size
1,500 SF
Type
Flex Space
Term
Negotiable
Unit D
Size
1,500 SF
Type
Flex Space
Term
Negotiable
Vacant Lot
Type
Industrial
Term
Negotiable
Listing Agency:
SVN Cornerstone LLC
Listed By:
Ariel Mizrahi · License #WA #25031188
(509) 251-7716
Source:
Svncornerstone
Added: Oct 19
Last Checked: Oct 19 at 2:40PM
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 SVN Cornerstone LLC
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Investment Insights
Based on property information with market context.
This flex property combines office and warehouse space in Units A and D. Unit A has one 12′ × 12′ grade-level door, while Unit D has two doors of the same size. Each unit includes a restroom. The building offers 13′ clear height and 200-amp power; it was built in 2008 and remodeled in 2022.
The property is at 3128 W Seltice Way in Post Falls, near the I-90 Pleasant View exit. A 0.48-acre parcel adjacent to the property is available for lease.
The property is at 3128 W Seltice Way in Post Falls, near the I-90 Pleasant View exit. A 0.48-acre parcel adjacent to the property is available for lease.
Key Highlights
- Unit A has one 12′ × 12′ grade‑level door; Unit D has two
- 13′ clear height and 200‑amp power
- Restrooms provided in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,292
Suggested Prices Based on Cap Rates
Cap Rate 5%
$645,840
$645.8K
Cap Rate 7%
$461,314
$461.3K
Cap Rate 9%
$358,800
$358.8K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$54.0K $9.00/SF
− Vacancy
−$4.3K −$0.72/SF
EGI
$49.7K $8.28/SF
− OpEx
−$17.4K −$2.90/SF
NOI
$32.3K $5.38/SF
Area
Kootenai County, ID
Vacancy
8.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$645,840
Cap Rate 7%
$461,314
Cap Rate 9%
$358,800
Alternative Uses
Best Use
Warehouse
$621.6K
$543.9K – $725.2K
NOI $43,513 @ 7.0% cap · market cap 87,026,000.00%
Second Best
Industrial
$511.9K
$447.9K – $597.2K
NOI $35,834 @ 7.0% cap · market cap 71,668,000.00%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
NOI $91,109 @ 7.0% cap · market cap 182,218,000.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
13 ft
Clear height
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Smokin Glory BBQ & Catering, LLC — 867 N Boulder Ct, Post Falls, ID 83854
Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse areas are paired with gated entry and individual restrooms in each unit.
Where is this flex space located?
The property is located at 3128 W Seltice Way Post Falls, ID.
What are key features of this property?
This property features: Unit A has one 12′ × 12′ grade‑level door; Unit D has two; 13′ clear height and 200‑amp power; Restrooms provided in both units
