866 Hayden AveHayden, ID 83835

  • Other commercial real estate
  • 5,040 SF
For Sale
$1,200,000 View listing

Property Details for 866 Hayden Ave

Year built
1994
Lot size
0.97 AC
Property size (Sq ft)
5,040 SF
Property type
Other commercial real estate
Property subtype
Showrooms
APN
H20500020040
APU
H20500020040

Description

This exceptional commercial property, located at 866 Hayden Avenue in Hayden, Idaho, presents a rare investment opportunity. The main building, totaling approximately 5,040 square feet, is situated on a substantial 0.97-acre commercially zoned lot, providing excellent visibility and convenient access to Highway 95. The building is currently divided into three rentable units, one of which includes attached shop space featuring two large overhead doors, ideal for various businesses. Adding to the property's versatility is a substantial barn/shop structure at the rear, offering an additional 2,200 square feet of space. This outbuilding comprises a main barn area of roughly 1,240 square feet (31' x 40') and an attached, enclosed lean-to of 960 square feet (24' x 40'), both equipped with concrete floors and power. The property also boasts a large yard area suitable for storage. Currently, all three units are on month-to-month leases, with tenants expressing a desire to remain. The property has undergone several recent updates. This property is priced at $1,200,000 and is perfect for investors seeking a strong return or owner-users looking for a multi-functional space. Showings are by appointment only

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,396,614
    6.5%
    $1,289,182
    7%
    $1,197,098
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,707,938
    Geo Method
    $2,707,938
  • Alternative Use

    Use
    Valuation
    Residential
    $1,087,473
    Hospitality
    $996,120
    Educational
    $828,760
    Medical
    $857,262
    Retail
    $1,289,182
866 Hayden Ave, Hayden, Idaho

Location Insight

City
Hayden
County
Kootenai
State
Idaho
Latitude
47.7585
Longitude
-116.798
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
$3,673
$413,353
$336,891
$750,244
-
$413,353
$336,891
$750,244

FAQs

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