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Flex Space with Private Office
For Sale
$399,000

3755 5th, Post Falls, ID 83854

Includes a private restroom, paved exterior, and warehouse area plumbed for a gas heater.

Property Size1,800 SF
Price / SF$221.67
Days on Market12

Property Features for 3755 5th

General Information

Standard status Active
Size 1,800 SF
Property subtype Commercial

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $2,034

Amenities

Garage: Paved
1.00
Paved

Building Details

Year Built 2022
Listing Agency: eXp Realty
Listed By: Stan Groves · License #SP23559
Source: Clearwaterproperties
Added: Oct 9 Changed: Oct 19 Last Checked: Oct 19 at 6:52AM

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 eXp Realty

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Investment Insights

Based on property information with market context.

This 1,800-square-foot flex unit measures 36x50 and includes a small office, a private restroom, and a 14' garage door. The warehouse area is plumbed for a gas heater, and the exterior is paved. Built in 2022, the unit offers space for a business to configure to its needs.

The property is at 3755 5th in Post Falls, close to I-90.

Key Highlights

  • 1,800 square feet of flex space
  • 36x50 unit configuration
  • Small office and private restroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,054
Cap Rate
3.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,080 $261.1K
Cap Rate 7%
$186,486 $186.5K
Cap Rate 9%
$145,044 $145.0K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$16.2K $9.00/SF
− Vacancy
−$842 −$0.47/SF
EGI
$15.4K $8.53/SF
− OpEx
−$2.3K −$1.28/SF
NOI
$13.1K $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 Rate 5%
$261,080
Cap Rate 7%
$186,486
Cap Rate 9%
$145,044

Alternative Uses

Best Use
Warehouse
$186.5K
$163.2K – $217.6K (±1% cap)
NOI $13,054 @ 7.0% cap · market cap 3.27%
Second Best
Industrial
$153.6K
$134.4K – $179.2K (±1% cap)
NOI $10,750 @ 7.0% cap · market cap 2.69%
Theoretical Best
Office A
$390.5K
$341.7K – $455.6K (±1% cap)
NOI $27,333 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Kadillac Construction General Contractor

Suggested Use

Top Pick Dental Office Parking Lot & Garage Hair Salon Nail Salon Grocery & Convenience Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

340
Businesses Nearby
Balanced
Demand for This Use

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

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

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 - Includes a private restroom, paved exterior, and warehouse area plumbed for a gas heater.
Where is this flex space located?
The property is located at 3755 5th Post Falls, ID.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 1,800 square feet of flex space; 36x50 unit configuration; Small office and private restroom
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