125 Valley River DrRexburg, ID 83440

  • Commercial real estate
  • 9.80 AC

Property Details for 125 Valley River Dr

Lot size
9.80 AC
Property type
Commercial real estate
APN
RPRXBCA0192115
APU
RPRXBCA0192115

Description

Valley River Center, located at 125 Valley River Drive in Rexburg, Idaho, presents a unique opportunity for businesses seeking flexible office space. This Class C property offers 143,800 square feet of total building space, with 19,397 square feet currently vacant. The building is divided into three suites, with a minimum divisible space of 3,000 square feet and a maximum contiguous space of 16,300 square feet. The property sits on a 2.152-acre lot and is ideally situated for retail, office, or call center use. Its location on Rexburg's main thoroughfare ensures high visibility and accessibility, complemented by pylon signage and ample parking. The property benefits from its proximity to BYU-Idaho Campus and Madison Memorial Hospital, placing it within a high-traffic area near established businesses such as Albertsons, Harbor Freight Tools, and Advance Auto Parts. This versatile property offers an excellent opportunity to establish a presence in a thriving Rexburg community. The property is zoned for multiple tenants and is located in Madison County, Idaho, zip code 83440.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $87,383,016
    Hospitality
    $80,042,368
    Educational
    $66,594,312
    Medical
    $68,884,592
    Retail
    $103,591,152

Location Insight

City
Rexburg
County
Madison
State
Idaho
Latitude
43.8344
Longitude
-111.78
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
$33,730
$2,000,000
$1,000,000
$3,000,000
-
$2,000,000
$1,000,000
$3,000,000

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