245 1StRexburg, ID 83440

  • Commercial real estate
  • 9,340 SF
For Lease
$10.20/SF/YR View listing

Property Details for 245 1St

Lot size
0.33 AC
Property size (Sq ft)
9,340 SF
Property type
Commercial real estate
APN
RPRRXB10152660
APU
RPRRXB10152660

Description

This exceptional 5,500-square-foot industrial property in Rexburg, Idaho, presents a fantastic opportunity for businesses seeking flexible space. Situated on a 1.25-acre lot at 245 N 1st E, Rexburg, ID 83440, this single-tenant building offers a versatile layout ideal for various industrial uses, including flex, warehouse, and distribution operations. The building boasts two large overhead doors and a convenient dock-height loading ramp, ensuring efficient loading and unloading of goods. Inside, you'll find a spacious and open interior, perfect for storage or production, complemented by a dedicated office area and restroom facilities for employee convenience. Ample parking and staging areas are available outside the building, providing ample space for trucks and equipment. The property is equipped with essential utilities, including gas heat, three-phase power, and a robust 230-amp service, ensuring reliable operation. Located in Madison County, this property offers easy access to major transportation routes, making it an attractive location for businesses needing efficient logistics. This is a single-tenant building, providing a streamlined and efficient operational environment. The property's size and features make it suitable for a wide range of industrial and commercial applications. Don't miss this chance to acquire a well-maintained and strategically located industrial property in a thriving Idaho community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,911,877
    Hospitality
    $1,751,269
    Educational
    $1,457,035
    Medical
    $1,507,145
    Retail
    $2,266,499

Location Insight

City
Rexburg
County
Madison
State
Idaho
Latitude
43.8314
Longitude
-111.781
CBSA code
39940
CBSA name
REXBURG, ID MICROPOLITAN 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
2023
$2,576
$43,390
$176,750
$220,140
-
$43,390
$176,750
$220,140

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