Warehouse Property for
For Sale
$615,000
616 Hayden Avenue, Hayden, ID 83835
Warehouse property for sale in Kootenai County with access off Hwy 95 via Hayden Ave.
Property Size2,450 SF
Days on Market102
Property Features for 616 Hayden Avenue
General Information
Standard status
Active
Size
2,450 SF
Property subtype
Industrial
Building Details
Building Size
2,450 SF
Year Built
1962
Listing Agency:
NAI Black
Listed By:
KC Reese · License #84256
(208) 755-7629
Source:
Naiblack
Added: May 28
Changed: Aug 31
Last Checked: Sep 6 at 6:55AM
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 NAI Black
Investment Insights
Based on property information with market context.
This warehouse property is offered for sale in Kootenai County. The information provided does not include additional interior details, improvements, or size specifications.
Access is provided from Hwy 95, with directions to go west on Hayden Ave. The property is located on the left side just after passing Shaw St.
Additional site, configuration, and operational details were not included in the provided materials, so buyers are encouraged to review the property directly and confirm features and suitability for their intended use.
Access is provided from Hwy 95, with directions to go west on Hayden Ave. The property is located on the left side just after passing Shaw St.
Additional site, configuration, and operational details were not included in the provided materials, so buyers are encouraged to review the property directly and confirm features and suitability for their intended use.
Key Highlights
- Warehouse property in Kootenai County with access off Hwy 95 via Hayden Ave
- Year built: 1962
- Heating: other, electric; no basement
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,768
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.89%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$355,360
$355.4K
Cap Rate 7%
$253,829
$253.8K
Cap Rate 9%
$197,422
$197.4K
Market Conditions
NOI Build-Up for 2,450 SF
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.
Gross rent
$22.1K $9.00/SF
− Vacancy
−$1.1K −$0.47/SF
EGI
$20.9K $8.53/SF
− OpEx
−$3.1K −$1.28/SF
NOI
$17.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$355,360
Cap Rate 7%
$253,829
Cap Rate 9%
$197,422
Alternative Uses
Best Use
Warehouse
$253.8K
$222.1K – $296.1K
NOI $17,768 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$531.5K
$465.0K – $620.1K
NOI $37,203 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
895
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 83835, ID
23,157
Population
10,110
Households
2.3
Avg Household Size
46
Median Age
33%
College-Educated
95%
High-School Grad
99.4 sq mi
ZIP Area
233
Density / Sq Mi
$86,014
Median Household Income
$43,925
Median Earnings
$1,688
Median Rent
$502,400
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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- Bubs Boat & RV Storage — 534 Hayden Ave, Hayden, ID 83835
- Northwest Patriot Storage, USA — 9494 N Government Wy suite 204, Hayden, ID 83835
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property for sale in Kootenai County with access off Hwy 95 via Hayden Ave.
Where is this warehouse located?
The property is located at 616 Hayden Avenue Hayden, ID.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: Warehouse property in Kootenai County with access off Hwy 95 via Hayden Ave; Year built: 1962; Heating: other, electric; no basement
