1395 Northgate MileIdaho Falls, ID 83401

Property Details for 1395 Northgate Mile

Year built

1972

Lot size

0.35 AC

Property size (Sq ft)

8,965 SF

Property type

Retail properties

Property subtype

Outlet malls

APN

RPA00008173465

APU

RPA00008173465

Description

This exceptional 8,965-square-foot flex-warehouse property in Idaho Falls, Idaho, presents a unique investment opportunity. Situated at 1395 Northgate Mile, this single-tenant Class C building offers unparalleled visibility and accessibility along a major arterial road. The property boasts convenient proximity to numerous national brand companies, ensuring high traffic and brand recognition. Its versatile design seamlessly blends retail storefront opportunities with dedicated warehouse space, making it suitable for a wide array of businesses. Operational efficiency is maximized with a 14-foot grade-level roll-up door, streamlining logistics and improving workflow. The property is located in Bonneville County, Idaho, with a zip code of 83401. This strategically positioned property offers significant potential for business growth and success within the thriving commercial landscape of Idaho Falls. The entire 8,965 square feet is currently vacant, providing immediate occupancy for a new tenant. The property features one drive-in door. This is a rare opportunity to secure a well-located, versatile industrial space in a growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $2,356,791

  6.5%

  $2,175,500

  7%

  $2,020,107

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,816,798

  Geo Method

  $4,816,798

• Alternative Use

  Use

  Valuation

  Residential

  $1,835,115

  Hospitality

  $1,680,956

  Educational

  $1,398,536

  Medical

  $1,446,633

  Retail

  $2,175,500

Location Insight

City

Idaho Falls

County

Bonneville

State

Idaho

Latitude

43.5084

Longitude

-112.022

CBSA code

26820

CBSA name

IDAHO FALLS, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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