1869 Yellowstone HwyIdaho Falls, ID 83401

Property Details for 1869 Yellowstone Hwy

Year built

1954

Construction

WOOD

Lot size

0.90 AC

Property size (Sq ft)

10,120 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

RPA00008088586

APU

RPA00008088586

Description

This 950 square foot office suite, located at 1869 N Yellowstone Hwy, Unit 7 in Idaho Falls, Idaho, is part of a larger single-story building totaling 5,752 square feet situated on 0.9 acres of land. Built in 1954 and renovated in 1979, the property is classified as Class C and offers a traditional office space layout suitable for various business needs. The suite boasts excellent visibility and frontage on Yellowstone Highway, benefiting from a high traffic volume of 11,500 vehicles per day. Ample parking is available with 40 spaces provided for tenants and visitors. The property's location offers the advantage of co-tenancy with established businesses such as American Family Insurance and Snake River Funding. The asking rent for this suite is $1,500 per month. The property's Bonneville County Assessor's Parcel Number (APN) is RPA00008088586. The zip code is 83401. High visibility signage opportunities are available.

• CAP approach

  CAP return

  Valuation

  6%

  $2,244,170

  6.5%

  $2,071,541

  7%

  $1,923,574

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,344,412

  Geo Method

  $3,344,412

• Alternative Use

  Use

  Valuation

  Residential

  $2,071,541

  Hospitality

  $1,897,521

  Educational

  $1,578,715

  Medical

  $1,633,009

  Retail

  $2,455,779

Location Insight

City

Idaho Falls

County

Bonneville

State

Idaho

Latitude

43.5133

Longitude

-112.013

CBSA code

26820

CBSA name

IDAHO FALLS, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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