Sign Up Successful!
You now have access to more from Realmo!
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

    1101 Polston Ave Post Falls, ID 83854-6045

    • Medical offices
    • 4,756 SF
    • 0.63 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US27-0421576
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Kootenai Vision Center / Sunglasses Store / Eye Care Center
    • Theresa M. Foster, MP / Doctor / Massage Therapist
    • Fagan L Will OD / Optometrist
    • Johnson Rob OD / Optometrist
    • Tyler M. Baxter, ATC / Physical Therapist / Physical Therapy Clinic

    Property Details for 1101 Polston Ave

    Year built
    2005
    Lot size
    0.63 lot acres
    Property size
    4,756 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    P705002007BA
    APU
    P705002007BA

    Description

    This exceptional medical office building, located at 1101 E Polston Avenue in Post Falls, Idaho, presents a fantastic opportunity for expansion or relocation. The property boasts a total of 3,364 square feet, situated on a 0.63-acre lot (APN: P705002007BA). Currently, there is 2,492 square feet of vacant space available for lease, offering significant potential. The available space is comprised of two suites: a main level suite of approximately 1,564 square feet and a lower level suite of approximately 928 square feet (unfinished). The building is exceptionally well-maintained and benefits from ample on-site parking, ensuring convenient access for patients and staff. Its prime location on the main medical corridor in Post Falls provides excellent visibility and accessibility. The property offers great signage opportunities, further enhancing its appeal. The building's convenient access to Interstate 90 adds to its strategic location. The estimated Net, Net, Net (NNN) lease rate is $2.64 per square foot annually. This property is ideal for medical practices seeking a well-established and easily accessible location. The combination of size, location, and amenities makes this a highly desirable opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Post Falls
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.934
    Latitude
    47.7149
    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
    $7,242
    $432,227
    $864,544
    $1,296,771
    -
    $432,227
    $864,544
    $1,296,771

    Comparable in this City

    • Value Estimation
      $815,000
      7,788 SF

      4171 Expo Pkwy

      MEDICAL CLINIC • 7,788 SF
      4171 Expo Pkwy, Post Falls, ID 83854-7322
      View Details
    • Value Estimation
      $1,890,000
      17,752 SF

      1551 Mullan Ave

      MEDICAL BUILDING • 17,752 SF
      1551 Mullan Ave, Post Falls, ID 83854-9005
      View Details
    • Value Estimation by Request
      2,816 SF

      801 Medical Ct

      MEDICAL BUILDING • 2,816 SF
      801 Medical Ct, Post Falls, ID 83854-7298
      View Details
    • Value Estimation
      $1,565,000
      36,000 SF

      750 Syringa St

      MEDICAL BUILDING • 36,000 SF
      750 Syringa St, Post Falls, ID 83854-5275
      View Details
    • Value Estimation
      $685,000
      6,169 SF

      323 Spokane St

      MEDICAL BUILDING • 6,169 SF
      323 Spokane St, Post Falls, ID 83854-5153
      View Details
    • Value Estimation by Request
      6,236 SF

      1590 Polston Ave

      MEDICAL BUILDING • 6,236 SF
      1590 Polston Ave, Post Falls, ID 83854-5218
      View Details

    Similar Nearby for Sale

    • $4,000,000
      7,778 SF

      NNN Medical Investment Property

      NNN medical property with a strong, high-credit tenant.
      4171 W Expo Pkwy, 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
    • $819,999
      2,387 SF

      Professional Office Building in Post Falls

      Turnkey office building in the heart of Post Falls.
      305 N Lincoln St, Post Falls, ID 83854
      View Details
    • New
      $779,000
      3,480 SF

      Post Falls Commercial Building

      Commercial building in Post Falls with warehouse and office space.
      706 E 3Rd Ave, Post Falls, ID 83854
      View Details
    • $829,999
      2,387 SF

      Post Falls Professional Office Building

      Turnkey office building in downtown Post Falls with investment upside.
      305 N Lincoln St, Post Falls, ID 83854
      View Details
    • New
      $1,599,000
      4,500 SF

      New Construction Mixed-Use Building

      New construction building featuring warehouse, retail, and office space.
      501 E 3Rd Ave, Post Falls, ID 83854
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      31,360 SF

      Post Falls Medical Office Complex

      Prime Medical/Retail Space Available
      920 Id-41, Post Falls, ID 83854
      View Details
    • $20 SF/Yr
      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
    • $9 SF/Yr
      29,904 SF

      Post Falls Warehouse Portfolio

      Five Buildings, 29,904 SF Total
      4055 3Rd Ave, Post Falls, ID 83854
      View Details
    • $10 SF/Yr
      21,000 SF

      Kootenai County Industrial Space

      21,000 SF Single-Tenant Warehouse
      6164 Seltice Way, Post Falls, ID 83854
      View Details
    • Contact for pricing
      2,405 SF

      New Retail/Office Space Available

      Brand new vanilla shell space ideal for medical or office.
      3914 E Early Dawn Ave, Post Falls, ID 83854
      View Details
    • $21 SF/Yr
      619 SF

      Post Falls Office/Lab Space

      Office and laboratory space available for rent in Post Falls.
      958 S Lochsa St, 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.
    1101 Polston Ave
    Post Falls, ID 83854-6045
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.