Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Riverbend Commerce Park Phase Iii - Replat Post Falls, ID 83854

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Riverbend Commerce Park Phase Iii - Replat Post Falls, ID 83854

    View on Map
    • Land
    • 1.53 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Riverbend Commerce Park Phase Iii - Replat

    Lot size
    1.53 lot acres
    Property type
    Land

    Description

    This exceptional 1.53-acre commercial land parcel is situated within the thriving Riverbend Commerce Park Phase III in Post Falls, Idaho (zip code 83854). Located at Riverbend Commerce Park Phase III - Replat Lot 1, Block 3, this property offers unparalleled access to Interstate 90, facilitating seamless regional and national transportation. The site benefits from a business-friendly environment fostered by local governments, making it an ideal location for various commercial ventures. Post Falls' growing technology and aerospace sectors, coupled with its strategic logistics position, present significant opportunities for businesses seeking expansion or relocation. The area boasts abundant water resources and enjoys low energy rates and a low cost of doing business, further enhancing its attractiveness. A key advantage is the absence of a Business and Occupation (B&O) tax, providing a competitive edge over neighboring Washington state. Furthermore, Spokane International Airport is conveniently located just 40 minutes away. This lot is contiguous with additional acreage, allowing for potential expansion up to a total of 13.61 acres. This property presents a rare opportunity to establish a presence in a dynamic and rapidly developing commercial hub. The asking price for this exceptional parcel is $400,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Post Falls
    County
    Kootenai
    State
    Idaho
    Longitude
    -117.01
    Latitude
    47.7039

    Comparable in this City

    • Value Estimation by Request
      5.38 Acres

      8236 Chase Rd

      Land • 2,048 SF
      8236 Chase Rd, Post Falls, ID 83854
      View Details
    • Value Estimation by Request
      0.78 Acres

      16Th Ave

      Land • 0.78 Acres
      0 16Th Ave, Post Falls, ID 83854
      View Details
    • Value Estimation by Request
      1 SF

      900 Highway 41

      Land • 1 SF
      900 Highway 41, Rathdrum, ID 83854
      View Details
    • Value Estimation by Request
      0.68 Acres

      Pleasant View Rd

      Land • 0.68 Acres
      0 Pleasant View Rd, Post Falls, ID 83854
      View Details
    • Value Estimation by Request
      0.02 Acres

      17029 Tulip Ct

      Land • 1,000 SF
      17029 Tulip Ct, Post Falls, ID 83854
      View Details
    • Value Estimation by Request
      0.02 Acres

      17011 Ba U5

      Land • 1,000 SF
      17011 Ba U5, Post Falls, ID 83854
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1 SF

      Land Available on West Pointe

      Land for sale on West Pointe Parkway in Post Falls.
      6140 West Pointe Pkwy, Post Falls, ID 83854
      View Details
    • Contact for pricing

      Land For Sale Post Falls

      Land available for sale in Post Falls, Idaho.
      416 S Beck Rd, Post Falls, ID 83854
      View Details
    • $750,000

      Land For Sale Post Falls

      Land available for purchase in Post Falls, Idaho.
      W Hargrave Ave, Post Falls, ID 83854
      View Details
    • $1,089,864

      Corner Land Parcel For Sale

      Corner land parcel available in Post Falls, Idaho.
      1251 Polston Ave, Post Falls, ID 83854
      View Details
    • $3,357,603
      Pending

      Land Available in Post Falls

      Land for sale in Kootenai County, Post Falls.
      7250 Seltice Way, Post Falls, ID 83854
      View Details
    • $3,357,604
      103,237 SF

      Undeveloped Land Parcel Near I-90

      Undeveloped 7.52-acre parcel with I-90 access in Post Falls.
      7250 W Seltice Way, Post Falls, ID 83854
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land Available For Lease/Sale

      Land available for lease or sale near Idaho/Washington border.
      5750 W Expo Pkwy, Post Falls, ID 83854
      View Details
    • Contact for pricing

      Land Parcels Near Residential Development

      Land parcels for rent adjacent to upscale residential development.
      6547 W Pointe Pkwy, Post Falls, ID 83854
      View Details
    • Contact for pricing

      Retail Pad Ready For Lease

      Permit-ready retail pad site with highway frontage for lease.
      2625 N Ketchikan Ct, Post Falls, ID 83854
      View Details
    • Contact for pricing

      Corner Lot on Mullan Avenue

      8.48 acre commercial land with easy highway access.
      3957 E Mullan Ave, Post Falls, ID 83854
      View Details
    • Contact for pricing
      142,026 SF

      Prime Corner Retail Land Available

      High-visibility corner retail location on Hwy 41.
      Highway 41, Post Falls, ID 83854
      View Details
    • Contact for pricing

      Highway 41 Pad Site Opportunity

      High-visibility pad site for ground lease or build-to-suit.
      900 Highway 41 N, Post Falls, ID 83854
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Riverbend Commerce Park Phase Iii - Replat
    Post Falls, ID 83854
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    Riverbend Commerce Park Phase Iii - Replat, Post Falls, ID, 83854

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!