3655 Government WayCoeur d'Alene, ID 83815

  • Retail properties
  • 16,200 SF
For Lease
$12/SF/YR View listing

Property Details for 3655 Government Way

Year built
1972
Lot size
0.94 AC
Property size (Sq ft)
16,200 SF
Property type
Retail properties
Property subtype
Strip malls
APN
C87200010010
APU
C87200010010

Description

This exceptional 16,200 square foot commercial property in Coeur d'Alene, Idaho presents a rare opportunity. Classified as a Class B building, this single-story structure, built in 1972, offers ten suites within a single building and is zoned for commercial use. The property boasts a highly desirable "Creative Office" subtype, perfect for businesses seeking a unique and adaptable workspace. Currently, one retail/office/flex space of 2,340 square feet is available for lease, making it ideal for a variety of uses. The location offers excellent visibility and easy access, enhanced by the availability of a monument sign for prominent branding. The property's strategic placement ensures strong signage opportunities, attracting significant foot traffic. High-speed internet access is provided via Spectrum. Located in Kootenai County, this property is a must-see for businesses seeking a blend of retail, office, and flexible space in a thriving Idaho community. The building's single-story design and multiple suite configuration provide versatility for various business needs. This is a unique opportunity to secure a prominent location with excellent visibility and modern amenities in a highly sought-after area.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,371,784
    6.5%
    $4,035,493
    7%
    $3,747,244
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,704,085
    Geo Method
    $8,704,085
  • Alternative Use

    Use
    Valuation
    Residential
    $3,404,089
    Hospitality
    $3,118,128
    Educational
    $2,594,246
    Medical
    $2,683,466
    Retail
    $4,035,493
3655 Government Way, Coeur d'Alene, Idaho
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Location Insight

City
Coeur D Alene
County
Kootenai
State
Idaho
Latitude
47.7121
Longitude
-116.787
CBSA code
17660
CBSA name
COEUR D'ALENE, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,575
$748,296
$719,179
$1,467,475
-
$748,296
$719,179
$1,467,475

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