Multi-Tenant Industrial Flex
For Sale
Contact for pricing
4799 Cascade Road, Emmett, ID 83617
Heavy industrial-zoned flex property with multiple shops, overhead doors, covered storage, and a separate-access apartment.
Property Size7,920 SF
Lot Size2.57 Acres
Price / SF$189.39
Days on Market162
Property Features for 4799 Cascade Road
General Information
Standard status
Active
Size
7,920 SF
Lot size
2.57 Acres
Property subtype
Industrial
Zoning
M2
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Heavy Power
Yes
Building Details
Buildings
5
Tenancy
Multi
Listing Agency:
Lee & Associates Idaho, LLC
Listed By:
Mike Hicks · License #3071649
Source:
Crexi
Added: May 12
Changed: Oct 10
Last Checked: Oct 19 at 6:22AM
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 Lee & Associates Idaho, LLC
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Investment Insights
Based on property information with market context.
This multi-tenant industrial flex property is offered for sale on 2.57 acres with Heavy Industrial zoning and commercial/industrial use. The site includes a 3,120 sq ft main building with office space and four 1,200 sq ft shops, each with overhead doors. The shops are equipped with heating and lighting, and the property also includes covered storage.
A 1,600 sq ft apartment built in 2003 provides 1.5 bathrooms and separate access, suitable for living or rental income. Additional site features include a fenced yard, gated entry, and gravel lot, along with well and septic service. Power is available with 3-phase, 240-volt supply.
On the property, the configuration supports a live/work setup while also accommodating multiple shop spaces for business use. Access is provided for the site and supports operations tied to the overhead doors and outdoor storage areas.
A 1,600 sq ft apartment built in 2003 provides 1.5 bathrooms and separate access, suitable for living or rental income. Additional site features include a fenced yard, gated entry, and gravel lot, along with well and septic service. Power is available with 3-phase, 240-volt supply.
On the property, the configuration supports a live/work setup while also accommodating multiple shop spaces for business use. Access is provided for the site and supports operations tied to the overhead doors and outdoor storage areas.
Key Highlights
- 2.57‑acre multi‑tenant property with Heavy Industrial zoning for commercial and industrial use
- ±3,120 sq ft main building with office space plus four ±1,200 sq ft shops
- Shops include two overhead doors and are supported by heating and lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,135
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,582,700
$1.6M
Cap Rate 7%
$1,130,500
$1.1M
Cap Rate 9%
$879,278
$879.3K
Market Conditions
NOI Build-Up for 7,920 SF
Gross rent
$133.1K $16.80/SF
− Vacancy
−$11.3K −$1.43/SF
EGI
$121.7K $15.37/SF
− OpEx
−$42.6K −$5.38/SF
NOI
$79.1K $9.99/SF
Area
Gem County, ID
Vacancy
8.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,582,700
Cap Rate 7%
$1,130,500
Cap Rate 9%
$879,278
Alternative Uses
Best Use
Flex RnD
$1.13M
$989.2K – $1.32M
NOI $79,135 @ 7.0% cap · market cap 5.28%
Second Best
Industrial
$972.3K
$850.7K – $1.13M
NOI $68,058 @ 7.0% cap · market cap 4.54%
Theoretical Best
Office A
$2.00M
$1.75M – $2.34M
NOI $140,241 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Heavy power
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 83617, ID
17,502
Population
6,981
Households
2.5
Avg Household Size
44
Median Age
22%
College-Educated
89%
High-School Grad
224.0 sq mi
ZIP Area
78
Density / Sq Mi
$65,566
Median Household Income
$34,007
Median Earnings
$873
Median Rent
$364,200
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
Frequently Asked Questions
What type of property is this?
Flex space - Heavy industrial-zoned flex property with multiple shops, overhead doors, covered storage, and a separate-access apartment.
Where is this flex space located?
The property is located at 4799 Cascade Road Emmett, ID.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 2.57‑acre multi‑tenant property with Heavy Industrial zoning for commercial and industrial use; ±3,120 sq ft main building with office space plus four ±1,200 sq ft shops; Shops include two overhead doors and are supported by heating and lighting
