681 Anderson StIdaho Falls, ID 83401

  • Office properties
  • 12,160 SF
For Lease

Property Details for 681 Anderson St

Year built
1971
Lot size
0.66 AC
Property size (Sq ft)
12,160 SF
Property type
Office properties
Property subtype
Office buildings
APN
RPA00008086935
APU
RPA00008086935

Description

This exceptional 1,060 square foot executive office suite is located within a larger 12,160 square foot Class B commercial building at 681 E Anderson St, Idaho Falls, ID 83401. Built in 1971, the property offers multiple tenancies and is situated in a highly desirable location, shadow-anchored by Fred Meyer and providing convenient access to major highways and interstates. The building features a substantial parking lot, ensuring ample parking for tenants and their clients. Its central Idaho Falls location offers easy access to both the downtown area and 17th Street, providing excellent visibility and convenient commutes. The property is classified as both retail and office space, reflecting its versatility. The available suite presents a unique opportunity for businesses seeking a well-located, established office space. Tenant improvements are negotiable, allowing for customization to meet specific business needs. This is an excellent opportunity to establish a presence in a thriving Idaho Falls commercial corridor. The property is located in Bonneville County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,174,638
    6.5%
    $2,007,359
    7%
    $1,863,976
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,592,634
    Geo Method
    $2,592,634
  • Alternative Use

    Use
    Valuation
    Residential
    $2,489,125
    Hospitality
    $2,280,025
    Educational
    $1,896,954
    Medical
    $1,962,193
    Retail
    $2,950,817
681 Anderson St, Idaho Falls, Idaho

Location Insight

City
Idaho Falls
County
Bonneville
State
Idaho
Latitude
43.512
Longitude
-112.019
CBSA code
26820
CBSA name
IDAHO FALLS, 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
2024
$7,904
$75,724
$3,240
$78,964
-
$75,724
$3,240
$78,964

FAQs

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