1649 Pole Line RdTwin Falls, ID 83301

Property Details for 1649 Pole Line Rd

Year built

1986

Lot size

8.42 AC

Property size (Sq ft)

120,796 SF

Property type

Outlet malls

APN

RPT32460010060

APU

RPT32460010060

Description

This exceptional 90,000 square foot retail building, formerly occupied by Shopko, presents a unique investment opportunity in the thriving Twin Falls, Idaho market. The entire space is currently vacant and available for immediate occupancy, offering unparalleled flexibility for a single large tenant or the potential for division into smaller units. Situated at the hard corner of Blue Lakes Boulevard and Pole Line Road, this Class B property benefits from exceptional visibility and high traffic counts exceeding 29,000 vehicles per day (ADT). The building's prominent location within Magic Valley Mall ensures strong co-tenancy with a mix of local, regional, and national businesses, creating a synergistic environment for attracting customers. The space includes two dock-high overhead doors, facilitating efficient loading and unloading. With its substantial size (up to 90,000 contiguous square feet available), this property is ideally suited for a variety of retail uses and represents a compelling chance to capitalize on the consistent year-over-year demographic growth in Southern Idaho. The property is classified as a regional mall and retail box, offering significant potential for a wide range of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $32,630,276

  6.5%

  $30,120,254

  7%

  $27,968,808

• Comparable approach

  Method

  Valuation

  Relative Method

  $64,902,388

  Geo Method

  $64,902,388

• Alternative Use

  Use

  Valuation

  Residential

  $25,407,562

  Hospitality

  $23,273,190

  Educational

  $19,363,020

  Medical

  $20,028,944

  Retail

  $30,120,254

Location Insight

City

Twin Falls

County

Twin Falls

State

Idaho

Latitude

42.5949

Longitude

-114.453

CBSA code

46300

CBSA name

TWIN FALLS, ID MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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