9443 Government WayHayden, ID 83835

  • Retail properties
  • 4,312 SF
For Sale
$901,500 View listing

Property Details for 9443 Government Way

Year built
1947
Construction
METAL FRAME
Lot size
0.22 AC
Property size (Sq ft)
4,312 SF
Property type
Retail properties
Property subtype
Retail space
APN
H405023187AH
APU
H405023187AH

Description

This exceptional commercial investment opportunity presents a 4,312-square-foot duplex ideally situated in Hayden's vibrant Central Business District at 9443 Government, Hayden, ID. The property boasts a prime location within a high-traffic area, surrounded by thriving restaurants and established businesses, ensuring excellent visibility and accessibility. The building sits on a sizable 0.22-acre lot, offering ample space and potential for future development or expansion. Currently operating under an attractive NNN lease with a very successful local tenant, this investment promises a stable and consistent income stream. The lease includes a favorable 8% cap rate and a built-in 3% annual rent increase, providing significant long-term growth potential. This is a turnkey investment opportunity, perfect for those seeking a strong return on investment in a desirable location. The sale includes the real estate only

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,194,877
    6.5%
    $1,102,964
    7%
    $1,024,180
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,316,791
    Geo Method
    $2,316,791
  • Alternative Use

    Use
    Valuation
    Residential
    $930,391
    Hospitality
    $852,233
    Educational
    $709,048
    Medical
    $733,433
    Retail
    $1,102,964
9443 Government Way, Hayden, Idaho

Location Insight

City
Hayden
County
Kootenai
State
Idaho
Latitude
47.7576
Longitude
-116.787
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
$1,745
$169,531
$184,277
$353,808
-
$169,531
$184,277
$353,808

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