4004 Yellowstone HwyIdaho Falls, ID 83401

  • Warehouses
  • 4,788 SF
For Sale
$890,000 View listing

Property Details for 4004 Yellowstone Hwy

Year built
1986
Lot size
1.43 AC
Property size (Sq ft)
4,788 SF
Property type
Warehouses
APN
RP02N38E034866
APU
RP02N38E034866

Description

This exceptional commercial property in Idaho Falls, ID, offers a unique investment opportunity. Situated on over 1.44 acres of land with 250+ feet of prime frontage on Yellowstone Highway (Highway 26), this location provides unparalleled visibility and accessibility between Idaho Falls, Swan Valley, and Jackson, Wyoming. The existing 4,756 square foot building boasts a showroom, two offices, two bathrooms, three-phase 400-amp electrical service, 17-foot walls, and two overhead doors (including one 16-foot tall door). A large, separate gas heater is also included within the shop area. The property features easy, around-the-building access perfect for semi-trucks. A preliminary site plan has already been developed to allow for the addition of a six-bay shop (1,500 square feet per bay). The property is zoned C-2 (Bonneville County General Commercial), offering significant flexibility for future development. The asking price is $890,000, representing a below-market value opportunity. The current business and equipment will be removed by July 1, 2024. This property is priced to sell quickly, making it an ideal investment for those seeking high-visibility commercial space with significant expansion potential. The property was built in 1986 and includes ample off-street parking.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,950,270
    6.5%
    $1,800,240
    7%
    $1,671,660
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,633,360
    Geo Method
    $1,633,360
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $915,981
    Mixed-Use / Specialty
    $907,062
    Hospitality / Lodging
    $658,121
    Office
    $895,784
    Institutional / Educational
    $940,958
    Residential Income
    $1,100,920
    Multifamily
    $1,351,730
    Automotive / Energy
    $806,535
    Parking / Income-Based Land
    $283,912
    Restaurant / Food Service
    $459,703
    Healthcare / Senior Housing
    $935,973

Location Insight

City
Idaho Falls
County
Bonneville
State
Idaho
Latitude
43.5324
Longitude
-111.977
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
$1,197
$99,805
$100,039
$199,844
-
$99,805
$100,039
$199,844

FAQs

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