1975 Yellowstone HwyIdaho Falls, ID 83401

Property Details for 1975 Yellowstone Hwy

Year built

1960

Lot size

0.31 AC

Property size (Sq ft)

3,017 SF

Property type

Retail properties

APN

RPA1120003001O

APU

RPA1120003001O

Description

This 2,800 square foot vacant commercial building is ideally situated at 1975 N Yellowstone Hwy in Idaho Falls, Idaho, offering a prime location for office or retail use. The property boasts high visibility along Yellowstone Highway, experiencing an average daily traffic count of 12,500 vehicles. Its strategic placement near major retailers such as Fred Meyer, Burger King, and McDonald's ensures high foot traffic and brand recognition. The building's functional layout provides ample space for a variety of business ventures. With a population of 112,304 within a 5-mile radius and an average household income of $102,677, this location offers significant market potential. The asking price for this exceptional opportunity is $450,000. This property presents a compelling investment prospect for entrepreneurs seeking a thriving business environment in a high-traffic area of Idaho Falls. The property is currently vacant, providing immediate occupancy for the new owner. The 83401 zip code ensures easy access to local amenities and transportation networks. This versatile space is ready for immediate occupancy and offers a unique chance to establish a successful business in a high-demand location.

• CAP approach

  CAP return

  Valuation

  6%

  $793,133

  6.5%

  $732,123

  7%

  $679,828

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,621,002

  Geo Method

  $1,621,002

• Alternative Use

  Use

  Valuation

  Residential

  $617,573

  Hospitality

  $565,694

  Educational

  $470,650

  Medical

  $486,837

  Retail

  $732,123

Location Insight

City

Idaho Falls

County

Bonneville

State

Idaho

Latitude

43.5143

Longitude

-112.011

CBSA code

26820

CBSA name

IDAHO FALLS, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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