333 Northgate MileIdaho Falls, ID 83401

Property Details for 333 Northgate Mile

Year built

1956

Lot size

1.69 AC

Property size (Sq ft)

28,592 SF

Property type

Office properties

Property subtype

Office buildings

APN

RPA0620011004D

APU

RPA0620011004D

Description

This exceptional 11,500-square-foot property in Idaho Falls, Bonneville County, offers a unique blend of executive office and warehouse space. Located off Yellowstone Avenue, it provides convenient access to Interstate 15 and US Highway 20, placing businesses within easy reach of major transportation routes. The building's strategic location immediately north of downtown Idaho Falls ensures proximity to a variety of restaurants, hotels, and other amenities. The space is currently entirely vacant and available for lease, offering a total of 11,500 square feet. Flexible lease options are available, with a minimum divisible space of 4,800 square feet and a maximum contiguous space of 6,700 square feet. The warehouse component boasts an 18-foot clear height and includes a convenient loading dock, making it ideal for businesses requiring efficient storage and distribution capabilities. On-site parking is provided for the convenience of employees and clients. This turn-key property presents a fantastic opportunity for businesses seeking a well-located and versatile space to establish or expand their operations in the thriving Idaho Falls market. The property is suitable for a variety of uses, from smaller businesses needing 4,800 square feet to larger companies requiring up to 6,700 square feet of contiguous space. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $5,113,262

  6.5%

  $4,719,934

  7%

  $4,382,796

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,096,100

  Geo Method

  $6,096,100

• Alternative Use

  Use

  Valuation

  Residential

  $5,852,718

  Hospitality

  $5,361,058

  Educational

  $4,460,338

  Medical

  $4,613,736

  Retail

  $6,938,303

Location Insight

City

Idaho Falls

County

Bonneville

State

Idaho

Latitude

43.499

Longitude

-112.032

CBSA code

26820

CBSA name

IDAHO FALLS, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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