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    13403 Highway 41 Rathdrum, ID 83858
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    Property profile & analytics

    13403 Highway 41, Rathdrum, ID 83858

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    • Commercial real estate
    • 38.75 lot acres
    Off-Market
    Property ID
    US27-0498945
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 13403 Highway 41

    Lot size
    38.75 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 38.75-acre commercial land parcel presents a remarkable investment opportunity in the rapidly expanding city of Rathdrum, Idaho. Located at 13403 Hwy 41, this property boasts a highly desirable location with significant highway frontage, totaling 1321 feet along Highway 41. The property is zoned for agricultural use, but annexation into the City of Rathdrum is underway, opening doors for a wide range of commercial development possibilities. This presents a unique chance to capitalize on the area's robust growth and create a much-needed commercial development to serve the thriving community. The two parcels comprising this expansive lot offer flexibility in design and development plans. High traffic counts ensure excellent visibility and accessibility for any future commercial venture. The asking price for this significant property is $3,700,000. This is a rare opportunity to acquire a substantial commercial land holding in a prime location with significant growth potential. Don't miss out on this exceptional investment opportunity in Rathdrum, Idaho. The property is situated in Kootenai County, Idaho, with a zip code of 83858.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Rathdrum
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.89400366091
    Latitude
    47.793415559366

    Comparable in this City

    • $14,900,000

      Rathdrum Land Parcel For Sale

      Land parcel available west of Highway 53 in Rathdrum.
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      Rathdrum Land with Mountain Views

      Premium 5-acre parcel in Timberland Ranch, ready to build.
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    • $314,850
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      Rathdrum Vacant Land Opportunity

      1.15 acres zoned for multi-family development in Rathdrum, ID.
      15974 N Boise St, Rathdrum, ID 83858
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    • $599,000
      10.00 Acres

      Rathdrum Land with Mountain Views

      10 acres of private, wooded land near Rathdrum, Idaho.
      Lot 1 & 2 W Biggs Rd, Rathdrum, ID 83858
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    • $417,000
      Pending

      Rathdrum Land with Mountain Views

      5-acre parcel with well, utilities, and mountain views.
      4 Block 2, Rathdrum, ID 83858
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    • $519,900
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      Rathdrum Land with Scenic Ponds

      4.99-acre parcel with ponds, trees, and recreational potential.
      Rathdrum, ID 83858
      View Details

    Similar Nearby for Sale

    • $14,900,000

      Rathdrum Land Parcel For Sale

      Land parcel available west of Highway 53 in Rathdrum.
      7350 Willadsen Rd, Rathdrum, ID 83858
      View Details
    • $405,000
      5.00 Acres

      Rathdrum Land with Mountain Views

      Premium 5-acre parcel in Timberland Ranch, ready to build.
      7 Block 2, Rathdrum, ID 83858
      View Details
    • $314,850
      1.15 Acres

      Rathdrum Vacant Land Opportunity

      1.15 acres zoned for multi-family development in Rathdrum, ID.
      15974 N Boise St, Rathdrum, ID 83858
      View Details
    • $599,000
      10.00 Acres

      Rathdrum Land with Mountain Views

      10 acres of private, wooded land near Rathdrum, Idaho.
      Lot 1 & 2 W Biggs Rd, Rathdrum, ID 83858
      View Details
    • $417,000
      Pending

      Rathdrum Land with Mountain Views

      5-acre parcel with well, utilities, and mountain views.
      4 Block 2, Rathdrum, ID 83858
      View Details
    • $519,900
      5.00 Acres

      Rathdrum Land with Scenic Ponds

      4.99-acre parcel with ponds, trees, and recreational potential.
      Rathdrum, ID 83858
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,400 SF

      Rathdrum Commercial Land Opportunity

      Commercial land available for ground lease or build to suit.
      16102-16772 Highway 41 N, Rathdrum, ID 83858
      View Details
    • Contact for pricing

      Rathdrum Retail Space For Lease

      Retail space available for lease in Rathdrum, Idaho.
      16376 Id-41, Rathdrum, ID 83858
      View Details
    • Contact for pricing

      Retail Spaces on Highway 41

      Retail spaces available for lease on busy Highway 41.
      16376 N Highway 41, Rathdrum, ID 83858
      View Details
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    Rathdrum, ID 83858
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    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
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    13403 Highway 41, Rathdrum, ID, 83858
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