Multi-Tenant Industrial Flex
4799 Cascade Road Emmett, ID 83617
4799 Cascade Road, Emmett, ID, 83617
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For Sale
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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 Market72
Property Features for 4799 Cascade Road
General Information
- Standard status
- Active
- Size
- 7,920 SF
- Lot size
- 2.57 Acres
- Property subtype
- Industrial
Listing agency
Lee & Associates Idaho, LLC
Listed by
Mike Hicks · License #3071649
Source
Crexi
Added: May 12 Updated: Jul 21 at 6:53PM Checked: Jul 21 at 6:53PM
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
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
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $133.1k | $16.80 |
| − Vacancy | −$11.3k | −$1.43 |
| EGI | $121.7k | $15.37 |
| − OpEx | −$42.6k | −$5.38 |
| NOI | $79.1k | $9.99 |
7,920 SF · lease $16.80/SF/yr · vacancy 8.50% · expense 35.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
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
