3773 5Th AvePost Falls, ID 83854

Property Details for 3773 5Th Ave

Year built

1988

Lot size

1.35 AC

Property size (Sq ft)

17,980 SF

Property type

Office properties

Property subtype

Other office properties

APN

P390005040AD

APU

P390005040AD

Description

This exceptional 17,980-square-foot medical office building, constructed in 1988, presents a unique investment opportunity. The building is a Class B, three-story structure featuring a single elevator and is conveniently located near the Pleasant View and I-90 off-ramp, just 2.3 miles from the state line. The property is zoned CCS and has an APN of 192658. Currently offered for sale, the building houses a single tenant occupying the entire third floor. This 3,769-square-foot suite is ideal for medical practices and includes the potential for negotiation on existing furniture, fixtures, and equipment (FF&E). The building itself is a multi-tenant property, offering flexibility for future expansion or leasing opportunities. Lease terms are negotiable for prospective tenants. The property's strategic location and substantial square footage make it an attractive proposition for both owner-occupiers and investors seeking a strong return in a desirable market. The single-tenant occupancy provides immediate income potential, while the multi-tenant structure allows for future growth and diversification. This is a rare opportunity to acquire a well-maintained medical office building in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,302,514

  6.5%

  $3,048,474

  7%

  $2,830,726

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,833,516

  Geo Method

  $3,833,516

• Alternative Use

  Use

  Valuation

  Residential

  $3,780,108

  Hospitality

  $3,462,559

  Educational

  $2,880,808

  Medical

  $2,979,884

  Retail

  $4,481,258

Location Insight

City

Post Falls

County

Kootenai

State

Idaho

Latitude

47.7128

Longitude

-116.999

CBSA code

17660

CBSA name

COEUR D'ALENE, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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