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    156 N 2Nd E Rexburg, ID 83440

    For Sale
    $2,300,000

    COMMERCIAL - Rexburg, ID

    Property size:
    20,000 SF
    Lot size:
    1.11 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 156 N 2Nd E

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Security features
    Security System
    Rooms
    Bathroom 3, Bathroom 4, Bathroom 2, Bathroom 1, Bathroom 5
    Bathrooms
    5
    APN
    RPRRXB10201110
    Parking
    30
    Size
    20,000 SF
    Lot size
    1.11 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1950
    Floors in Building
    1
    Building materials
    Block
    Roof type
    Membrane, Metal

    Real Estate Two70 (208) 360-4688

    Listing agent Carson Meredith (208) 351-6604

    Listing date Nov 6, 2025

    Copyright © 2025 Snake River Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rexburg Commercial Investment Opportunity

    Located in Rexburg, Idaho, this commercial property offers a 16,000 sq ft warehouse and 4,000 sq ft of modern office space. The property is being offered as a turn-key investment opportunity with the current owner offering a 5-10 year leaseback. This arrangement provides immediate rental income of $14,000 per month, delivering a 7% cap rate from the start. The property benefits from versatile commercial/industrial zoning and provides access to Hwy 20 and regional transport routes. The warehouse features high-clearance, open-span utility, while the office space is designed to support professional operations. The building is well-maintained and located in a high-demand market. The property is 20,000 square feet in size and sits on a 1.11-acre lot.
    Location Intelligence

    Current Use by Public Records

    Danbury Manor Apartment Building Shelfology Shelving Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Alpine Storage In-Town Location, Self-Storage at U-Haul, Centennial Grain

    Location Insight

    • Map
    • Local Demand
    City
    Rexburg
    County
    Madison
    State
    Idaho
    Longitude
    -111.7772
    Latitude
    43.8296052

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    FAQs

    What type of property is this?
    Warehouse - 20,000 sq ft commercial property with leaseback option.
    Where is this warehouse located?
    The property is located at 156 N 2Nd E Rexburg, ID.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - Immediate and secure rental income of $14,000 per month with a 5-10 year leaseback from the current owner.; - Enjoy a strong return on investment with a 7% cap rate from day one.; - 20,000 sq ft commercial property featuring a 16,000 sq ft warehouse and 4,000 sq ft of modern office space.
    (208) 351-6604
    Request Owner's contact information
    156 N 2Nd E Rexburg, ID 83440
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    Rexburg, ID 83440
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    156 N 2Nd E Rexburg, ID 83440
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