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Fenced Flex Space

616 W Hayden Ave, Hayden, ID 83835

For Sale
$615,000

Commercial Sale, Warehouse, Hayden, ID

Property Size2,450 SF
Lot Size0.49 Acres
Price / SF$251.02
Days on Market212

Property Features for 616 W Hayden Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Fencing Fenced
Lot features Level
View City
Directions From Hwy 95, go west on Hayden Ave, property is on your left just after you pass Shaw St
Subdivision 03 - Hayden
Standard status Active
APN H405023190AA
Size 2,450 SF
Lot size 0.49 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Hayden Lake Irr Trs Amended, N 208 Ft-E 120 Ft-Tr 190 2351N04w
Tax Annual Amount 3341
Legal Description Hayden Lake Irr Trs Amended, N 208 Ft-E 120 Ft-Tr 190 2351N04w

Utilities

Sewer type Public Sewer
Heating system Other (Heating), Electric (Heating)
Water source Public

Building Details

Year built 1962
Building materials Aluminum Siding, Frame
Roof type Aluminum
Architectural style Other
Listing Agency: NAI Black
Listed By: KC Reese · License #SP47173
Added: Apr 10 Changed: Oct 8 Last Checked: Nov 7 at 3:06PM
MLS# 26-4625

Copyright © 2026 Coeur d'Alene Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This flex-space property includes a 2,450-square-foot building on a 0.49-acre parcel. Built in 1962, the structure features aluminum siding, frame construction, an aluminum roof, and electric heating. Fencing surrounds the property, defining the site and its outdoor area.

The property is located at 616 W Hayden Ave in Hayden, Idaho, with exposure and frontage along Hayden Avenue. Public water and public sewer serve the property. The combination of building area, commercial zoning, and surrounding land provides a straightforward commercial setting with room for site functions beyond the enclosed structure.

Key Highlights

  • 2,450‑square‑foot flex‑space building
  • 0.49‑acre parcel
  • Commercial zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,768
Cap Rate
2.89%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
NOI $17,768 @ 7.0% cap · market cap 2.89%
Second Best
Industrial
$209.0K
$182.9K – $243.9K (±1% cap)
NOI $14,632 @ 7.0% cap · market cap 2.38%
Theoretical Best
Office A
$531.5K
$465.0K – $620.1K (±1% cap)
NOI $37,203 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store Florist Butcher

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
Paved road access

Location Intelligence

Trade Area within ½ mile

895
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Flex space in Kootenai County, ID

$281 Jul
$272 Aug
$256 Sep
$257 Oct

Properties on Market for Flex space in Kootenai County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Flex space - Commercial zoning with public water and sewer service.
Where is this flex space located?
The property is located at 616 W Hayden Ave 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: 2,450‑square‑foot flex‑space building; 0.49‑acre parcel; Commercial zoning
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