Flex Space With Private
New
For Sale
$399,000
3755 W 5th Avenue Unit STE 3, Post Falls, ID 83854
A commercial unit near I-90 includes a private restroom and warehouse area plumbed for a gas heater.
Property Size1,800 SF
Price / SF$221.67
Days on Market2
Property Features for 3755 W 5th Avenue Unit STE 3
General Information
Standard status
Active
Size
1,800 SF
Zoning
CCS
Building Details
Year Built
2022
Listing Agency:
eXp Realty
Listed By:
Stan Groves · License #SP23559
(208) 659-7263
Source:
Purewestrealestate
Added: Oct 19
Last Checked: Oct 19 at 2:13PM
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 36 by 50 feet and includes a small office and private restroom. The warehouse area is plumbed for a gas heater, and the space can be customized. The building was constructed in 2022 and is zoned CCS.
The property is in Post Falls, close to I-90.
The property is in Post Falls, close to I-90.
Key Highlights
- 1,800 square feet in a 36‑by‑50‑foot commercial unit
- Small office and private restroom
- Warehouse area plumbed for a gas heater
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
NOI $13,054 @ 7.0% cap · market cap 3.27%
Second Best
Industrial
$153.6K
$134.4K – $179.2K
NOI $10,750 @ 7.0% cap · market cap 2.69%
Theoretical Best
Office A
$390.5K
$341.7K – $455.6K
NOI $27,333 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
340
Businesses Nearby
Balanced
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 - A commercial unit near I-90 includes a private restroom and warehouse area plumbed for a gas heater.
Where is this flex space located?
The property is located at 3755 W 5th Avenue Unit STE 3 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 in a 36‑by‑50‑foot commercial unit; Small office and private restroom; Warehouse area plumbed for a gas heater
