Building Details

Year built 1990

Listing Agency: NextHome Summit Realty Show Phone

Listed By: Jacky Wakefield

Added: Sep 21 Changed: Oct 16 Last Checked: Oct 22 at 12:06AM

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MLS# 26-7508

Copyright © 2026 NextHome, Inc. 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 warehouse property comprises three separate parcels totaling 5.04 acres, with approximately 11,306 square feet of rentable warehouse, building, and office space. The site includes flat usable land and a substantial open area that can support storage-oriented operations. The configuration also provides room for truck movement across the property.

Positioned just off Highway 95 in Athol, Idaho, the property offers access to a major north-south transportation route. Its combination of enclosed commercial space, office improvements, and open ground allows for warehouse, industrial, and storage-related operations within one assembled site.

Key Highlights

• Approximately 11,306 SF of rentable warehouse, building, and office space
• 5.04‑acre site across three separate parcels
• Flat usable land with easy truck maneuverability

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$118,289

Cap Rate

4.73%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,365,780 $2.4M

Cap Rate 7%

$1,689,843 $1.7M

Cap Rate 9%

$1,314,322 $1.3M

Is this asking price fair?

Market Conditions

NOI Build-Up for 11,306 SF

Gross rent

$203.5K $18.00/SF

− Vacancy

−$14.2K −$1.26/SF

EGI

$189.3K $16.74/SF

− OpEx

−$71.0K −$6.28/SF

NOI

$118.3K $10.46/SF

Area

Kootenai County, ID

Vacancy

7.00%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

37.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,365,780

Cap Rate 7%

$1,689,843

Cap Rate 9%

$1,314,322

Alternative Uses

Best Use

Mixed Use

$1.69M

$1.48M – $1.97M (±1% cap)

NOI $118,289 @ 7.0% cap · market cap 4.73%

Second Best

Warehouse

$1.17M

$1.02M – $1.37M (±1% cap)

NOI $81,993 @ 7.0% cap · market cap 3.28%

Theoretical Best

Office A

$2.45M

$2.15M – $2.86M (±1% cap)

NOI $171,679 @ 7.0% cap · market cap 6.87%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email

Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Electrical Service Big Box & Wholesale Store Pharmacy Kitchen & Bath Showroom Veterinary Clinic Hair Salon

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

Highway access

Location Intelligence

Trade Area within ½ mile

127

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 83801, ID

7,501

Population

2,738

Households

2.7

Avg Household Size

48

Median Age

23%

College-Educated

89%

High-School Grad

175.1 sq mi

ZIP Area

43

Density / Sq Mi

$68,719

Median Household Income

$40,245

Median Earnings

$1,238

Median Rent

$495,500

Median Home Value

Market

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

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Frequently Asked Questions

What type of property is this?

Warehouse - Three parcels provide office space, truck maneuverability, and an open storage area near Highway 95.

Where is this warehouse located?

The property is located at 6250 Menser Athol, ID.

What is the asking price?

The asking price for this property is $2,500,000.

What are key features of this property?

This property features: Approximately 11,306 SF of rentable warehouse, building, and office space; 5.04‑acre site across three separate parcels; Flat usable land with easy truck maneuverability