Property profile

19587 Riverview Dr Post Falls, ID 83854

OFF-MARKET
Specialty properties
18,600 SF 4.47 ac lot
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Property summary

AI-generated overview

This exceptional Post Falls, Idaho property, located at 19587 W Riverview Dr, 83854, presents a rare investment opportunity. The 4.47-acre lot encompasses a diverse complex ideal for various uses. The main structure, an 11,400 square foot event center, features a reception area, multiple offices, a fully equipped banquet kitchen, a spacious dining area, restrooms, and a dedicated children's play area. Upstairs, five sizable classrooms, a large gathering room, and additional restrooms provide versatile space. A separate chapel building includes a congregation room, restrooms, and three additional rooms. The property also includes a three-bedroom, two-bathroom ranch-style home with a garage, and a 30' x 40' two-bay shop. With ample parking, the property is well-suited for large gatherings and events. Currently operating at 12% occupancy, the four buildings total 18,600 square feet. The property is zoned for rural use with conditional use permits, offering a wide range of potential applications, including event centers, wedding venues, retreat facilities, corporate retreats, schools, training centers, places of worship, or even wine tastings. Its convenient location, minutes from I-90 and the Spokane International Airport, adds to its appeal. The asking price is $2,900,000. APN: 50N05W180800.

Property profile

Verified
Property type Specialty properties
Total area 18,600 SF
Lot 4.47 ac (194,713 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church

Location

19587 Riverview Dr Post Falls, ID 83854
Post Falls metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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