Warehouse Property with Open
New
For Sale
$2,500,000
6250 Menser, Athol, ID 83801
Athol, ID
Property Size11,306 SF
Lot Size5.04 Acres
Price / SF$221.12
Days on Market2
Property Features for 6250 Menser
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Lot size
5.04 Acres
Building Details
Year built
1990
Listing Agency:
NextHome Summit Realty
(208) 627-2289
Listed By:
Jacky Wakefield · License #DB47809,PersonLicenseNumber
(208) 875-9388
Added: Sep 21
Changed: Sep 22
Last Checked: Sep 22 at 4:06PM
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.
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.
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 = 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
$118,289
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
4.73%
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%
$2,365,780
$2.4M
Cap Rate 7%
$1,689,843
$1.7M
Cap Rate 9%
$1,314,322
$1.3M
Market Conditions
NOI Build-Up for 11,306 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
$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 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%
$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
NOI $118,289 @ 7.0% cap · market cap 4.73%
Second Best
Warehouse
$1.17M
$1.02M – $1.37M
NOI $81,993 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$2.45M
$2.15M – $2.86M
NOI $171,679 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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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
