9443 Government WayHayden, ID 83835
- Retail properties
- 4,312 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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