1201 Ironwood DrCoeur d'Alene, ID 83814

Property Details for 1201 Ironwood Dr

Year built

1976

Construction

FRAME

Lot size

3.92 AC

Property size (Sq ft)

47,880 SF

Property type

Office properties

APN

C00000112750

APU

C00000112750

Description

This exceptional 46,604 square foot Class B office building presents a unique leasing opportunity. Situated on a generous 3.92-acre lot, this four-story structure offers a substantial single-tenant space, ideal for a large organization seeking a prominent location. Built in 1976 and remodeled in 2000, the building boasts a recently replaced roof, ensuring long-term structural integrity. The property features a comfortable parking ratio of 5 spaces per 1,000 square feet, providing ample parking for employees and visitors. Each floor offers a generous 12,490 square feet of usable space, allowing for flexible and efficient layout configurations. The building is zoned C-17L, offering a range of potential uses. The property's parcel number is C-0000-011-2750. This well-maintained building provides a blend of established infrastructure and modern functionality, making it an attractive option for businesses seeking a substantial and well-located office space. The building's size and layout offer significant potential for customization and adaptation to suit a variety of business needs. The ample parking and convenient location further enhance its appeal. This is a rare opportunity to secure a significant and well-appointed office space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $8,789,181

  6.5%

  $8,113,090

  7%

  $7,533,584

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,208,495

  Geo Method

  $10,208,495

• Alternative Use

  Use

  Valuation

  Residential

  $10,060,232

  Hospitality

  $9,215,119

  Educational

  $7,666,870

  Medical

  $7,930,546

  Retail

  $11,926,243

Location Insight

City

Coeur D Alene

County

Kootenai

State

Idaho

Latitude

47.6981

Longitude

-116.802

CBSA code

17660

CBSA name

COEUR D'ALENE, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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