Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    960 4Th Ave Post Falls, ID 83854

    • Land
    • 2.01 lot acres
    For Sale
    View listing
    $1,488,445
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 960 4Th Ave

    Lot size
    2.01 lot acres
    Property type
    Land

    Description

    This exceptional 2.01-acre vacant commercial land parcel presents a unique investment opportunity in the thriving Post Falls, Idaho market. Situated in the heart of the city's burgeoning downtown district, this property enjoys a prime location directly across from a significant redevelopment project, ensuring high visibility and future growth potential. The land is conveniently located at 960 E 4th Ave, Post Falls, ID 83854, within Kootenai County. Its strategic position within an urban renewal district and a federally approved opportunity zone offers significant tax advantages and investment incentives. Further enhancing its appeal, the City of Post Falls is actively investing in infrastructure improvements, including the construction of new roundabouts at the intersections of 4th Avenue and Seltice Way, and 4th Avenue and Idaho. This proactive approach to urban development promises to further increase property value and accessibility. The seller is committed to providing significant value-added improvements, including the delivery of all major utilities to the property line and the completion of frontage improvements along 4th Avenue. This turnkey approach minimizes development hurdles and accelerates the path to realizing the property's full potential. This is one of only two available commercial parcels within the Millworx development, making this a truly rare and highly sought-after opportunity. The asking price for this exceptional property is $1,488,445.

    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
    -116.935
    Latitude
    47.711

    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
      1.10 Acres

      L1B1 We Riverbend Ave

      Land • 1.10 Acres
      L1B1 We Riverbend Ave, 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
      2.73 Acres

      ID Riverbend Ave Post Fls

      Land • 2.73 Acres
      ID Riverbend Ave Post Fls, Post Falls, ID 83854
      View Details
    • Value Estimation by Request
      0.49 Acres

      Riverbend Ave

      Land • 0.49 Acres
      0 Riverbend Ave, Post Falls, ID 83854
      View Details
    • Value Estimation by Request
      12.38 Acres

      Appleway & Wellesley

      Land • 12.38 Acres
      0 Appleway & Wellesley, 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
    • $400,000
      1.53 Acres

      Post Falls Commercial Land - 1.53 Acres

      Prime Idaho commercial lot, I-90 access.
      0 Riverbend Commerce Park Phase Iii - Replat, 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
    • $5,500,000
      9.56 Acres

      Post Falls Industrial Warehouse - $5.5M

      Prime Post Falls warehouse, 5,663 sq ft.
      6711 Seltice Way, 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
    • $2,100,000
      1.71 Acres

      Post Falls Industrial Property Investment

      Prime 1.71-acre Industrial Site
      2625 Seltice Way, Post Falls, ID 83854
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      56,000 SF

      Hwy 41 Retail Pad - Post Falls, ID

      Prime divisible retail land, Hwy 41 frontage.
      2625 Ketchikan Ct, Post Falls, ID 83854
      View Details
    • $2.00 SF/Yr
      95,832 SF

      Post Falls Commercial Land - 1.16-2.2 Acres

      Prime commercial land, ideal retail/service location.
      6547 Pointe Pkwy, Post Falls, ID 83854
      View Details
    • Contact for pricing
      142,006 SF

      Hwy 41 & Poleline Commercial Land

      Prime Commercial Land: Build-to-Suit or Ground Lease
      4066 Poleline Ave, Post Falls, ID 83854
      View Details
    • Contact for pricing
      369,389 SF

      Prime Post Falls Commercial Land

      8.48 Acres, Hwy 41 Corridor
      3957 Mullan Ave, Post Falls, ID 83854
      View Details
    • Contact for pricing
      1 SF

      Rathdrum Retail Center Opportunity

      Four Retail Spaces Available, Idaho
      900 Highway 41, Rathdrum, ID 83854
      View Details
    • Contact for pricing
      1 SF

      Post Falls Commercial Land Opportunity

      5.5 Acres, Build-to-Suit Potential
      768 Pleasant View 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.
    960 4Th Ave
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!