920 Ironwood DrCoeur d'Alene, ID 83814

For Sale
$3,200,000 View listing
  • Medical offices
  • 8,920 SF

Property Details for 920 Ironwood Dr

Year built
1968
Lot size
1.19 AC
Property size (Sq ft)
8,920 SF
Property type
Medical offices
Property subtype
Medical centers
APN
C00000111525
APU
C00000111525

Description

This exceptional 13,742 square foot single-story office building, constructed in 1968, presents a unique investment opportunity. Situated on a 1.19-acre lot, the property boasts 6,112 square feet of immediately available space, ideal for medical or executive office use. Its prime location in the Ironwood Drive Medical Corridor offers unparalleled visibility and accessibility. The building is directly across from the Kootenai Health medical campus, ensuring a high concentration of potential clients and employees. Ample on-site parking is available for tenants and visitors. The property features easy access to major transportation arteries, including Interstate 90 and Highway 95, providing convenient commutes for staff and clients. The building's single-story design offers efficient and accessible floor plans. The property's APN is C00000111525. This is a multi-tenant building with one large space currently vacant. Please note: Do not disturb current tenants or employees. This is a fantastic opportunity to establish a presence in a thriving medical corridor.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,637,391
    6.5%
    $1,511,438
    7%
    $1,403,478
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,901,833
    Geo Method
    $1,901,833
  • Alternative Use

    Use
    Valuation
    Residential
    $1,874,182
    Hospitality
    $1,716,741
    Educational
    $1,428,308
    Medical
    $1,477,430
    Retail
    $2,221,813
920 Ironwood Dr, Coeur d'Alene, Idaho

Location Insight

City
Coeur D Alene
County
Kootenai
State
Idaho
Latitude
47.6953
Longitude
-116.797
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
$14,833
$1,497,283
$1,419,762
$2,917,045
-
$1,497,283
$1,419,762
$2,917,045

FAQs

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