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

Investment properties

Property subtype

Retail residential 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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