675 Yellowstone AvePocatello, ID 83201

For Lease
  • Strip malls
  • 4.08 AC

Property Details for 675 Yellowstone Ave

Year built
1986
Lot size
4.08 AC
Property type
Strip malls
Property subtype
Neighborhood centers
APN
RPCPP073806
APU
RPCPP073806

Description

This exceptional retail property, located at 675 Yellowstone Ave in Pocatello, Idaho, offers 50,888 square feet of commercial space. Currently, 7,548 square feet is available for lease, presenting a significant opportunity for expansion or new tenancy. The property boasts a prime location on a major retail corridor in Bannock County, ensuring high visibility and foot traffic. With a total of 178 parking spaces, ample customer parking is readily available. The building is classified as multi-tenant retail, providing flexibility for various business types. The property's address is 675 Yellowstone Ave, Pocatello, ID 83201. This location offers excellent access to major roadways and is situated within a thriving commercial area. The substantial square footage and prominent location make this property an ideal investment for businesses seeking a strong presence in the Pocatello market. The available space presents a unique opportunity to establish or expand a retail operation in a high-demand area. This property is situated in a vibrant commercial district, offering excellent potential for growth and profitability. The building's size and parking capacity cater to a wide range of retail businesses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $55,670,864
    6.5%
    $51,388,492
    7%
    $47,717,884
  • Comparable approach

    Method
    Valuation
    Relative Method
    $93,244,960
    Geo Method
    $93,244,960
  • Alternative Use

    Use
    Valuation
    Residential
    $43,348,116
    Hospitality
    $39,706,640
    Educational
    $33,035,458
    Medical
    $34,171,600
    Retail
    $51,388,492
675 Yellowstone Ave, Pocatello, Idaho

Location Insight

City
Pocatello
County
Bannock
State
Idaho
Latitude
42.8872
Longitude
-112.453
CBSA code
38540
CBSA name
POCATELLO, 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
$57,606
$1,367,807
$3,326,183
$4,693,990
-
$1,367,807
$3,326,183
$4,693,990

FAQs

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