1101 Polston AvePost Falls, ID 83854

  • Medical offices
  • 4,756 SF
For Lease
$15.41/SF/YR View listing

Property Details for 1101 Polston Ave

Year built
2005
Lot size
0.63 AC
Property size (Sq ft)
4,756 SF
Property type
Medical offices
Property subtype
Medical centers
APN
P705002007BA
APU
P705002007BA

Description

This exceptional medical office building, located at 1101 E Polston Avenue in Post Falls, Idaho, presents a fantastic opportunity for expansion or relocation. The property boasts a total of 3,364 square feet, situated on a 0.63-acre lot (APN: P705002007BA). Currently, there is 2,492 square feet of vacant space available for lease, offering significant potential. The available space is comprised of two suites: a main level suite of approximately 1,564 square feet and a lower level suite of approximately 928 square feet (unfinished). The building is exceptionally well-maintained and benefits from ample on-site parking, ensuring convenient access for patients and staff. Its prime location on the main medical corridor in Post Falls provides excellent visibility and accessibility. The property offers great signage opportunities, further enhancing its appeal. The building's convenient access to Interstate 90 adds to its strategic location. The estimated Net, Net, Net (NNN) lease rate is $2.64 per square foot annually. This property is ideal for medical practices seeking a well-established and easily accessible location. The combination of size, location, and amenities makes this a highly desirable opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $873,294
    6.5%
    $806,118
    7%
    $748,538
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,014,027
    Geo Method
    $1,014,027
  • Alternative Use

    Use
    Valuation
    Residential
    $999,586
    Hospitality
    $915,616
    Educational
    $761,781
    Medical
    $787,980
    Retail
    $1,184,993

Location Insight

City
Post Falls
County
Kootenai
State
Idaho
Latitude
47.7149
Longitude
-116.934
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
$7,242
$432,227
$864,544
$1,296,771
-
$432,227
$864,544
$1,296,771

FAQs

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