2684 2000Rexburg, ID 83440

Property Details for 2684 2000

Lot size

0.68 AC

Property size (Sq ft)

6,000 SF

Property type

Commercial real estate

APN

RP05N39E015096

APU

RP05N39E015096

Description

This exceptional commercial property, located at 2684 S 2000 W Unit 3 in Rexburg, Idaho, presents a rare opportunity for entrepreneurs and businesses. Boasting approximately 2,900 square feet on a 0.07-acre lot, this versatile space offers endless possibilities. Its adaptable design allows for a wide range of uses, including retail storefront, small business office, light manufacturing, studio space, production facility, or even a unique Airbnb conversion. The existing layout includes designated office space, ample building and design areas, a half-bath, and a convenient kitchen area. The property's prime location in Rexburg provides excellent accessibility and visibility. This is an exceptional chance to establish or relocate your business in a thriving community. The seller is offering a significant buyer incentive of $7,500, which can be applied towards buyer closing costs or building improvements, making this an even more attractive investment. Don't miss this chance to secure your ideal commercial space. Act quickly, as opportunities like this are scarce.

• CAP approach

  CAP return

  Valuation

  6%

  $1,216,080

  6.5%

  $1,122,540

  7%

  $1,042,350

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,279,260

  Geo Method

  $1,279,260

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,255,950

  Retail / Commercial

  $1,147,850

  Mixed-Use / Specialty

  $1,136,670

  Hospitality / Lodging

  $824,713

  Office

  $1,122,540

  Institutional / Educational

  $1,179,140

  Residential Income

  $1,379,600

  Multifamily

  $1,693,900

  Automotive / Energy

  $1,010,700

  Parking / Income-Based Land

  $355,779

  Restaurant / Food Service

  $576,069

  Healthcare / Senior Housing

  $1,172,900

Location Insight

City

Rexburg

County

Madison

State

Idaho

Latitude

43.7913

Longitude

-111.815

CBSA code

39940

CBSA name

REXBURG, ID MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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