1036 Innovation WayPost Falls, ID 83854

Property Details for 1036 Innovation Way

Year built

2008

Construction

CONCRETE

Lot size

0.48 AC

Property size (Sq ft)

5,786 SF

Property type

Office properties

Property subtype

Other office properties

APN

P22280020070

APU

P22280020070

Description

This exceptional 5,786 square foot property in Post Falls, Idaho, offers a unique blend of office and industrial space, perfect for a variety of businesses. The single-story building, constructed in 2008, features a spacious 2,940 square foot vacant unit (Unit B) ready for immediate occupancy. This unit boasts 1,440 square feet of well-appointed office space, including a reception area, kitchen/break room, restroom, storage closets, and a media room. The office area features central air conditioning and attractive stained concrete floors with carpeted offices. The remaining 1,500 square feet comprises a versatile shop area with a 12' x 12' roll-up door and impressive 14-foot ceilings, supported by 220 AMP single-phase power. The property is situated in a well-maintained business park, conveniently located off Pleasant View Road from I-90, offering easy access to Spokane, Post Falls, and Coeur d'Alene. The property is zoned for Industrial/Commercial/Retail use and is ideal for businesses needing a combination of office and warehouse/shop space. An optional alarm system is available. The property consists of one building with multiple suites. Cross street is Seltice Way, and the county is Kootenai.

• CAP approach

  CAP return

  Valuation

  6%

  $1,062,936

  6.5%

  $981,172

  7%

  $911,088

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,233,633

  Geo Method

  $1,233,633

• Alternative Use

  Use

  Valuation

  Residential

  $1,216,653

  Hospitality

  $1,114,447

  Educational

  $927,207

  Medical

  $959,095

  Retail

  $1,442,322

Location Insight

City

Post Falls

County

Kootenai

State

Idaho

Latitude

47.7149

Longitude

-117.009

CBSA code

17660

CBSA name

COEUR D'ALENE, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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