Warehouse Showroom
For Sale
$1,690,000
7168 Government, Dalton Gardens, ID 83815
Corner-lot warehouse and showroom with substantial road frontage for a retail-oriented operation and onsite storage space.
Property Size6,480 SF
Lot Size0.87 Acres
Price / SF$260.80
Days on Market39
Property Features for 7168 Government
General Information
Standard status
Active
Size
6,480 SF
Lot size
0.87 Acres
Property subtype
Commercial
Site & Location
Traffic Count
18,500 vehicles/day
Road Access
Yes
Additional Details
Drive-In Doors
2
Office Units
1
Taxes and HOA fees
Annual Taxes
$5,812
Amenities
Garage: Paved
0.00
Paved
Building Details
Year Built
1978
Stories
2
Listing Agency:
Berkshire Hathaway HomeServices Jacklin Real Estate
(208) 916-6910
Listed By:
Josh Harper · License #SP43080
Source:
Clearwaterproperties
Added: Jul 4
Changed: Aug 8
Last Checked: Aug 4 at 3:41AM
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 Berkshire Hathaway HomeServices Jacklin Real Estate
Investment Insights
Based on property information with market context.
This commercial property consists of a 6,480 SF warehouse/showroom building on a 0.87-acre corner lot. The structure is currently configured as a powersports showroom and includes a large dividable office, a 15x42 mezzanine, and upstairs storage measuring 25x12. The mezzanine features approximately 36x10 hexagon/honeycomb LED lighting, and there is a 5x12 customer service counter. Operational support features include a large gas heater and two ceiling fans. Access is set up for customer and back-of-house flow with two side entrances, a front door, and a rear door, plus (2) 16x8 bay doors located on the N and S sides of the south wall.
Located at 7168 N Government Way in Dalton Gardens, Idaho, the property is positioned off a heavily traveled road. Public remarks state 243 feet of road frontage and an AATD-reported average of 18,500 vehicles passing per day.
The building’s combination of showroom space, a sizable mezzanine, and multiple interior offices and storage areas supports users that need a retail front with warehouse capacity behind it. The offering is for the commercial real estate only; the business is not included and no inventory is included.
Located at 7168 N Government Way in Dalton Gardens, Idaho, the property is positioned off a heavily traveled road. Public remarks state 243 feet of road frontage and an AATD-reported average of 18,500 vehicles passing per day.
The building’s combination of showroom space, a sizable mezzanine, and multiple interior offices and storage areas supports users that need a retail front with warehouse capacity behind it. The offering is for the commercial real estate only; the business is not included and no inventory is included.
Key Highlights
- 0.87‑acre corner lot with 243 ft of road frontage off N Government Way
- 6,480 SF warehouse/showroom building built in 1978, currently used as a powersports showroom
- Warehouse features (2) 16x8 bay doors on the N & S sides for convenient loading
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
$70,188
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
4.15%
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%
$1,403,760
$1.4M
Cap Rate 7%
$1,002,686
$1.0M
Cap Rate 9%
$779,867
$779.9K
Market Conditions
NOI Build-Up for 6,480 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
$112.8K $17.40/SF
− Vacancy
−$19.2K −$2.96/SF
EGI
$93.6K $14.44/SF
− OpEx
−$23.4K −$3.61/SF
NOI
$70.2K $10.83/SF
Area
Kootenai County, ID
Vacancy
17.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
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%
$1,403,760
Cap Rate 7%
$1,002,686
Cap Rate 9%
$779,867
Alternative Uses
Best Use
Office B
$1.00M
$877.4K – $1.17M
NOI $70,188 @ 7.0% cap · market cap 4.15%
Second Best
Retail
$933.1K
$816.5K – $1.09M
NOI $65,318 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M
NOI $98,398 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
1
Office units
18,500 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
682
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 83815, ID
39,412
Population
17,031
Households
2.3
Avg Household Size
39
Median Age
33%
College-Educated
96%
High-School Grad
15.6 sq mi
ZIP Area
2,526
Density / Sq Mi
$77,139
Median Household Income
$39,257
Median Earnings
$1,445
Median Rent
$472,300
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Budget Storage - main location — 7700 N, Franklin St, Coeur d'Alene, ID 83815
- Advanced Storage Center — 6215 N Government Wy, Coeur d'Alene, ID 83815
- A Plus Mini Storage — 7320 N Government Wy, Dalton Gardens, ID 83815
- AAA Mini Storage — 6136 N Government Wy, Dalton Gardens, ID 83815
- Silver Lake Storage — 147 E Canfield Ave, Dalton Gardens, ID 83815
Frequently Asked Questions
What type of property is this?
Warehouse - Corner-lot warehouse and showroom with substantial road frontage for a retail-oriented operation and onsite storage space.
Where is this warehouse located?
The property is located at 7168 Government Dalton Gardens, ID.
What is the asking price?
The asking price for this property is $1,690,000.
What are key features of this property?
This property features: 0.87‑acre corner lot with 243 ft of road frontage off N Government Way; 6,480 SF warehouse/showroom building built in 1978, currently used as a powersports showroom; Warehouse features (2) 16x8 bay doors on the N & S sides for convenient loading
