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

    7217 Seltice Way Post Falls, ID 83854-7785

    • Gas stations
    • 3,000 SF
    • 0.53 lot acres
    OFF-MARKET
    Value Estimations
    $320,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US27-0843074
    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

    • Ferguson Concrete, Inc / Concrete Contractor
    • Lew's Smoke Shop / Tobacco Shop
    • Printing To Perfection / Store

    Property Details for 7217 Seltice Way

    Year built
    2008
    Lot size
    0.53 lot acres
    Property size
    3,000 SF
    Property type
    Gas stations
    APN
    T199901180AA
    APU
    T199901180AA

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $320,000

    • Alternative Use

      Use
      Estimation
      SERVICE STATION (FULL SERVICE)
      $340,000
      Current use
      COMMERCIAL (GENERAL)
      $290,000
      Change: -15% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Post Falls
    County
    Kootenai
    State
    Idaho
    Longitude
    -117.041
    Latitude
    47.7022
    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
    $1,490
    $114,949
    $260,133
    $375,082
    -
    $114,949
    $260,133
    $375,082

    Comparable in this City

    • Value Estimation
      $315,000
      2,704 SF

      2707 Seltice Way

      SERVICE STATION WITH FOOD MART • 2,704 SF
      2707 Seltice Way, Post Falls, ID 83854-8182
      View Details
    • Value Estimation
      $395,000
      2,894 SF

      4067 Expo Pkwy

      SERVICE STATION WITH FOOD MART • 2,894 SF
      4067 Expo Pkwy, Post Falls, ID 83854-7419
      View Details
    • Value Estimation
      $345,000
      2,500 SF

      650 Idaho St

      SERVICE STATION WITH FOOD MART • 2,500 SF
      650 Idaho St, Post Falls, ID 83854-8669
      View Details
    • Value Estimation
      $270,000
      4,712 SF

      7035 Seltice Way

      SERVICE STATION WITH FOOD MART • 4,712 SF
      7035 Seltice Way, Post Falls, ID 83854-4605
      View Details
    • Value Estimation
      $915,000
      53,213 SF

      300 Cherry Ave

      AUTO REPAIR, GARAGE • 53,213 SF
      300 Cherry Ave, Post Falls, ID 83854-9221
      View Details
    • Value Estimation
      $285,000
      2,016 SF

      6260 Commerce Loop

      AUTO REPAIR, GARAGE • 2,016 SF
      6260 Commerce Loop, Post Falls, ID 83854-9713
      View Details

    Similar Nearby for Sale

    • New
      $3,999,000
      3,600 SF

      Post Falls C-Store/Gas Station

      Successful gas station and C-store on busy Seltice Way.
      4020 E Seltice Way, Post Falls, ID 83854
      View Details
    • $750,000
      2,304 SF

      Post Falls Investment Opportunity

      Turn-key investment property with national tenant and long-term lease.
      3260 E Seltice Way, Post Falls, ID 83854
      View Details
    • $750,000
      2,304 SF

      Post Falls Commercial Opportunity Zone

      Turn-key, passive income with strong national tenant and long-term lease.
      3260 E Seltice Way, Post Falls, ID 83854
      View Details
    • $1,700,000
      5.38 Acres

      Prime Post Falls Commercial Land

      5.38 Acres, Retail Potential, Shop Included
      8236 Chase Rd, Post Falls, ID 83854
      View Details
    • $1,075,000
      6,837 SF

      Post Falls Retail Condos Investment

      Five commercial retail condos in Post Falls, fully leased.
      3591 E 3Rd Ave, 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

    Similar Nearby for Lease

    • $1.00 SF/Yr
      2,900 SF

      Retail Space Near I-90

      Retail space with high visibility and ample parking available for rent.
      3920 W 5Th Ave, Post Falls, ID 83854
      View Details
    • Contact for pricing
      5,819 SF

      Highway 41 Retail Suite Opportunity

      High-visibility retail suite available along Highway 41 in Post Falls.
      900 E 12Th Ave, Post Falls, ID 83854
      View Details
    • Contact for pricing
      1 SF

      Rathdrum Retail Center Opportunity

      Four Retail Spaces Available, Idaho
      900 Highway 41, Rathdrum, ID 83854
      View Details
    • Contact for pricing
      31,360 SF

      Retail Center on Highway 41

      Retail spaces available in Post Falls, Idaho anchored center.
      900 Highway 41 N, Post Falls, ID 83854
      View Details
    • $4,000 /Mo
      3,840 SF

      Retail/Warehouse/Flex Building in Post Falls

      3,840 SF retail/warehouse/flex building with I-90 frontage.
      510 E 5Th Ave, Post Falls, ID 83854
      View Details
    • $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
    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.
    7217 Seltice Way
    Post Falls, ID 83854-7785
    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.