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Property profile & analytics
FOR SALE
Office Spaces

15381 Highway 41 N Rathdrum, ID 83858

3,390 SF 0.14 ac lot Built 1946
Individually Owned 21-yr Hold ~ Est. High Equity
Property ID
US27-0601734
Property summary
AI-generated overview

This exceptional commercial property, located at 15381 N Highway 41 in Rathdrum, Idaho, presents a lucrative investment opportunity. The Lakeland Business Center is a well-established office building boasting a prime location with significant frontage along Highway 41, ensuring high visibility and accessibility. The 0.14-acre lot houses a building currently operating at 100% occupancy, providing a stable and consistent income stream from long-term tenants. The building benefits from solid rental rates, reflecting its desirable location and established tenant base. While some remodeling was completed in 2000, the property is well-maintained and ready for continued success. The high traffic count on Highway 41 guarantees significant exposure for any business operating within the building. This is an ideal investment for those seeking a stable, income-producing asset in a thriving location. The property's strong tenant history and consistent rental income make it a low-risk, high-reward opportunity. Serious inquiries are encouraged. The building's size is not specified in the provided information.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1946
Total area 3,390 SF
Lot 0.14 ac (6,011 SF)
APN R1200001002A
UPID US27-0601734
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$545k
Comparable Approach Comparable
$688k
Blend (final) Blend
$505k
Owner & transaction history
Troy R Bise · 21 yrs held
Troy R Bise
since 2005
3 recorded transactions
2024
Price N/A
2022
Price N/A
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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