0 Appleway & Wellesley Post Falls, ID 83854
This exceptional 12.38-acre industrial land parcel presents a unique investment opportunity in Post Falls, Idaho. Located at 0 Appleway & Wellesley, zip code 83854, the property boasts prime river frontage and convenient access to Interstate 90, ensuring excellent visibility and accessibility. The permitted zoning is Mixed Use Center, allowing for a diverse range of development possibilities. Preliminary approvals are in place for a 128-room hotel, significantly reducing development hurdles and offering substantial potential for future revenue streams. Further enhancing the property's versatility, plans also include space for a restaurant and convenience store, catering to both residents and travelers. The expansive lot size provides ample room for various commercial ventures, making this a highly attractive proposition for developers seeking a strategic location with significant upside potential. Situated in Kootenai County, this property offers a blend of natural beauty and commercial viability, making it an ideal location for a mixed-use development. The latitude and longitude coordinates are 47.7318837, -116.9745742 respectively.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.