Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    900 Highway 41 Rathdrum, ID 83854
    Back to Search
    Property profile & analytics

    900 Highway 41, Rathdrum, ID 83854

    View on Map
    • Retail properties & Spaces
    • 1 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 900 Highway 41

    Property type
    Retail properties & Spaces
    Property subtype
    Land

    Description

    This exceptional commercial property, River City Center, presents a unique investment opportunity in the thriving Rathdrum, Idaho market. Located at 900 N Highway 41, Post Falls, ID 83854, this retail center offers four available spaces totaling 1 square foot. The property is categorized as both retail and land, providing flexibility for a variety of commercial uses. Situated in Kootenai County, this location benefits from excellent visibility and accessibility along Highway 41. The property's multiple tenancy structure allows for diverse business combinations, creating a vibrant and synergistic environment. With 1 square foot currently vacant, this presents an immediate opportunity for expansion or new business establishment. The property's precise configuration and individual space sizes will be provided upon request. This is an ideal location for businesses seeking high visibility and convenient access to a growing community. The property's classification as both retail and land suggests potential for future development or expansion, offering long-term investment potential. Further details regarding lease terms and conditions are available upon inquiry. Don't miss this chance to secure a prime commercial space in a rapidly developing area of Idaho. Contact us today to learn more about this exciting opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rathdrum
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.883
    Latitude
    47.8155

    Comparable in this City

    • Value Estimation by Request
      5.38 Acres

      8236 Chase Rd

      Land
      8236 Chase Rd, Post Falls, ID 83854
      View Details
    • Value Estimation by Request

      4093 Poleline Ave

      Restaurants
      4093 Poleline Ave, Post Falls, ID 83854
      View Details
    • Value Estimation by Request

      2625 Ketchikan Ct

      Land
      2625 Ketchikan Ct, Post Falls, ID 83854
      View Details
    • Value Estimation by Request
      31,360 SF

      920 Id-41

      Medical Office Space
      920 Id-41, Post Falls, ID 83854
      View Details
    • Value Estimation by Request
      0.63 Acres

      Prairie Ave

      Land
      0 Prairie Ave, Post Falls, ID 83854
      View Details
    • Value Estimation by Request
      0.02 Acres

      17011 Bc U13

      Land
      17011 Bc U13, Post Falls, ID 83854
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Lots in Millworx Development

      Turnkey commercial lots in downtown Post Falls Opportunity Zone.
      1091 E 4Th Ave, Post Falls, ID 83854
      View Details
    • $3,300,000

      Entitled Downtown Mixed-Use Development Site

      Shovel-ready site for mixed-use development with residential and retail.
      210 N Mcreynolds Dr, Post Falls, ID 83854
      View Details
    • $1,156,700

      Land For Sale Post Falls

      Land available at Highway 41 and E Killdeer Avenue.
      4398 Bogie Dr, Post Falls, ID 83854
      View Details
    • $1,550,000
      34.14 Acres

      Hauser ID Land with Views

      34.14-acre parcel with Hauser Lake, Mt. Spokane views.
      Nka Hildesheim Ln, Hauser, ID 83854
      View Details
    • Contact for pricing

      Land For Sale Post Falls

      Land available for sale in Post Falls, Idaho.
      6023 W Bedrock Rd, Post Falls, ID 83854
      View Details
    • Contact for pricing

      Land For Sale

      Land available for purchase in Post Falls, Idaho.
      7324 W Prairie Ave, Post Falls, ID 83854
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space on Highway 41

      Retail space available, anchored on Highway 41 near I-90.
      900 Highway 41 N, Post Falls, ID 83854
      View Details
    • Contact for pricing

      Post Falls Land Opportunity

      Land available for lease in Post Falls, Idaho.
      1706-1814 North Nicholson Ctr Dr, Post Falls, ID 83854
      View Details
    • 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 For Rent Post Falls

      Land available for rent in Post Falls, Idaho.
      Hwy 41 & Pr Ave, Post Falls, ID 83854
      View Details
    • Contact for pricing
      5,819 SF

      Retail Space with Medical Office

      Retail space available for lease at $20.00 PSF/YR, NNN.
      920 Highway 41 N, Post Falls, ID 83854
      View Details
    • $20 SF/Yr

      Strategic Land for Lease

      Land available for build-to-suit or ground lease.
      W Seltice Way & N Beck Rd, 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.
    900 Highway 41
    Rathdrum, 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
    900 Highway 41, Rathdrum, 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!