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Property profile & analytics
FOR LEASE
Warehouses
266 W Lancaster Rd Hayden, ID 83835
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US27-0878787
For Lease
Contact for pricing
266 W Lancaster Rd, Hayden, ID 83835
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
BULK STORAGE, TANKS
Year built
2019
Construction
CONCRETE
Total area
7,752 SF
Lot
5 ac (217,626 SF)
APN
HL0500010010
UPID
US27-0878787
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
Current use
Occupant on record · Public records
-
TNT Fireworks Department Store
-
San Francisco Sourdough Eatery Take-out & Catering
-
Conoco Gas Station
-
Lancaster Market Gas Station
-
Mini-Green Energy (Bike/Boat/Book/etc) Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$820k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.31M
Blend (final)
Blend
$1.07M
Owner & transaction history
Lancaster LLC · 6 yrs held
Lancaster LLC
since 2019
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.4M
+51.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hayden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hayden submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$820,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WASTE DISPOSAL, SEWAGE (PROCESSING, DISPOSAL, STORAGE, TREATMENT)
$945,000
Current use
COMMERCIAL (GENERAL)
$1,425,000
Change: +51% · Conversion: Difficult
RESTAURANT
$755,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$1.07M
Range $959k – $1.17M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$137 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$24,955
Tax year 2023
Assessed value
$5,467,052
Assessed 2023
Previous assessed
$5,467,052
+0.0% YoY
Effective rate
0.46%
On assessed value
Assessed land
$2,556,941
Assessed improvement
$2,910,111
Land market value
$2,556,941
Improvement market value
$2,910,111
Total market value
$5,467,052
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
BULK STORAGE, TANKS
Status
For Lease
Year built
2019
Construction
CONCRETE
Buildings
2
Total area
7,752 SF
Lot
5 ac (217,626 SF)
APN
HL0500010010
UPID
US27-0878787
Jurisdiction
KOOTENAI
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WASTE DISPOSAL, SEWAGE (PROCESSING, DISPOSAL, STORAGE, TREATMENT) Current
Est. value
$945,000
COMMERCIAL (GENERAL)
Est. value
$1.4M
RESTAURANT
Est. value
$755,000
WASTE DISPOSAL, SEWAGE (PROCESSING, DISPOSAL, STORAGE, TREATMENT) Current
COMMERCIAL (GENERAL)
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2019
Construction
CONCRETE
Buildings
2
Lot
5 ac
Current owner
From public records · entity-resolved
Lancaster LLC
Entity
Mailing address
1625 W DOLAN RD, RATHDRUM, ID 83858-7914
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2024
—
Lancaster LLC
—
Deed
related
$50,455 · Washington Trust Bank
Aug 28, 2023
—
Lancaster LLC
—
Deed
related
$1,200,000 · Washington Trust Bank
Apr 17, 2023
—
Lancaster LLC
—
Deed
related
$4,100,000 · Washington Trust Bank
Sep 17, 2019
—
Lancaster LLC
Med LLC
Warranty Deed
—
Nov 26, 2018
—
Med LLC
—
Deed
related
$911,000 · Mountain West Bank
Jun 22, 2016
—
Med LLC
—
Deed
related
$3,705,000 · Mountain West Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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