5050 Yellowstone AveChubbuck, ID 83202

Property Details for 5050 Yellowstone Ave

Year built

1970

Lot size

0.25 AC

Property type

Office properties

APN

RCMMA000400

APU

RCMMA000400

Description

This exceptional Chubbuck, ID commercial property offers a unique investment opportunity encompassing 8,277 square feet on approximately two acres of land. The property boasts high visibility from its corner lot location on Yellowstone Avenue, providing multiple access points. The main structure includes a 2,835 square foot multi-tenant office building, featuring a recently remodeled reception area, offices, and a half bath. Other areas of the office building require some updating and minor repairs. Additional space includes a sizable storage area. A separate 3,720 square foot shop building is also included, complete with separate bays, a loading dock, four overhead doors, and a half bath. Adding to the property's versatility is a 1,622 square foot, four-bedroom, one-bathroom home with a carport. Most of the home has been recently updated. The property also features an additional storage shed/outbuilding. Two vacant lots, totaling 0.64 acres (0.37 acres and 0.27 acres), are included in this sale, further enhancing the investment potential. This property presents a rare combination of commercial and residential space, offering significant flexibility and potential for diverse uses.

• CAP approach

  CAP return

  Valuation

  6%

  $1,938,933

  6.5%

  $1,789,785

  7%

  $1,661,943

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,311,623

  Geo Method

  $2,311,623

• Alternative Use

  Use

  Valuation

  Residential

  $2,219,333

  Hospitality

  $2,032,897

  Educational

  $1,691,346

  Medical

  $1,749,514

  Retail

  $2,630,984

Location Insight

City

Chubbuck

County

Bannock

State

Idaho

Latitude

42.9256

Longitude

-112.466

CBSA code

38540

CBSA name

POCATELLO, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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