Medical Office Space Under
For Sale
$800,000
Lt 10 Bk1 W Prairie Ave, Post Falls, ID 83854
Commercial Sale, Office Building, Post Falls, ID
Property Size2,000 SF
Lot Size0.82 Acres
Price / SF$400
Days on Market94
Property Features for Lt 10 Bk1 W Prairie Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Zoning
Post Falls CCM
Exterior features
Lighting, Handicap Access
Basement
None
Accessibility
Accessible Approach with Ramp
Lot features
Landscaped, Corner Lot, Level, Southern Exposure
View
Territorial
Directions
One block E of Hwy 41 on W Prairie Avenue, at the round-about.
Subdivision
02 - Post Falls
Standard status
Active
APN
PL9180010100
Size
2,000 SF
Lot size
0.82 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Jacklin Ranch, Lt 10 Block 1 1951N04w19
Tax Annual Amount
987
Legal Description
Jacklin Ranch, Lt 10 Block 1 1951N04w19
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas
Water source
Public
Building Details
Year built
2026
Building materials
Lap Siding, Stone, Concrete, Frame
Roof type
Metal
Architectural style
Other
Listing Agency:
Keller Williams Realty Coeur d'Alene
(208) 667-2399
Listed By:
Rick Scharf · License #SP41007
(208) 651-9699
Added: May 28
Changed: Aug 19
Last Checked: Aug 29 at 4:06PM
MLS# 26-5439
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.
Investment Insights
Based on property information with market context.
This 2,000-square-foot medical office space is under construction with a projected 2026 build year. The property occupies a 0.82-acre site and includes an accessible approach with ramp, lighting, metal roofing, and exterior materials including lap siding, stone, concrete, and frame construction. Electric and natural gas heating systems are specified.
Located at Lt 10 Bk1 W Prairie Ave in Post Falls, the site is east of Prairie Avenue and Highway 41 within Jacklin Ranch Commercial Park. Highway 41 provides access through the surrounding commercial corridor, with I-90 nearby and regional connectivity between Coeur d'Alene and Spokane. Public water and public sewer serve the property, and zoning is Post Falls CCM.
Located at Lt 10 Bk1 W Prairie Ave in Post Falls, the site is east of Prairie Avenue and Highway 41 within Jacklin Ranch Commercial Park. Highway 41 provides access through the surrounding commercial corridor, with I-90 nearby and regional connectivity between Coeur d'Alene and Spokane. Public water and public sewer serve the property, and zoning is Post Falls CCM.
Key Highlights
- 2,000 SF medical office space under construction with a projected 2026 build year
- 0.82‑acre site within Jacklin Ranch Commercial Park
- Post Falls CCM zoning
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
$23,310
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
2.91%
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%
$466,200
$466.2K
Cap Rate 7%
$333,000
$333.0K
Cap Rate 9%
$259,000
$259.0K
Market Conditions
NOI Build-Up for 2,000 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
$42.0K $21.00/SF
− Vacancy
−$3.2K −$1.58/SF
EGI
$38.9K $19.43/SF
− OpEx
−$15.5K −$7.77/SF
NOI
$23.3K $11.66/SF
Area
Kootenai County, ID
Vacancy
7.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
40.00%
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%
$466,200
Cap Rate 7%
$333,000
Cap Rate 9%
$259,000
Alternative Uses
Best Use
Healthcare Medical
$333.0K
$291.4K – $388.5K
NOI $23,310 @ 7.0% cap · market cap 2.91%
Second Best
Office B
$309.5K
$270.8K – $361.1K
NOI $21,663 @ 7.0% cap · market cap 2.71%
Theoretical Best
Office A
$433.9K
$379.6K – $506.2K
NOI $30,370 @ 7.0% cap · market cap 3.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 83854, ID
49,040
Population
20,440
Households
2.4
Avg Household Size
37
Median Age
23%
College-Educated
92%
High-School Grad
77.6 sq mi
ZIP Area
632
Density / Sq Mi
$72,820
Median Household Income
$41,223
Median Earnings
$1,311
Median Rent
$433,700
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.
Frequently Asked Questions
What type of property is this?
Medical Office Space - Newly developed commercial space with accessible entry features, public utilities, and regional access near Highway 41.
Where is this medical office space located?
The property is located at Lt 10 Bk1 W Prairie Ave Post Falls, ID.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 2,000 SF medical office space under construction with a projected 2026 build year; 0.82‑acre site within Jacklin Ranch Commercial Park; Post Falls CCM zoning
