Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    195 S Elm St Blackfoot, ID 83221

    View on Map
    Sponsored
    For Sale
    $299,900

    COMMERCIAL - Blackfoot, ID

    Property size:
    1,664 SF
    Lot size:
    0.68 Acres
    Days on Market:
    44
    Last Refresh:
    Mar 20 at 8:06 pm

    Property Features for 195 S Elm St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bathroom 2, Bathroom 1
    Bathrooms
    2
    APN
    RP1269004
    Parking
    20
    Parking features
    Parking Lot, Off Street
    Accessibility
    Accessible Approach with Ramp
    Size
    1,664 SF
    Lot size
    0.68 Acres

    Utilities

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

    Building Details

    Year built
    1965
    Floors in Building
    1
    Building materials
    Block, Block, Brick

    We can help!

    Listing Contact
    Triple Crown Team

    Silvercreek Realty Group

    Listing agent Triple Crown Team

    Listing date Feb 4, 2026

    MLS# 2180537

    Copyright © 2026 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.

    Learn more

    Property Insight Report

    Overview

    Blackfoot Commercial Building on Large Lot

    This commercial building in Blackfoot, Idaho, presents a prime commercial opportunity. The solid building, situated on a 0.68-acre city lot, offers a layout that formerly served as a chiropractic office. The interior includes 3 treatment rooms, 2 restrooms, a reception area, a waiting room, and an x-ray room. It also features 2 large office areas and 2 dressing rooms. The property has 4 separate exterior entries. The building is equipped with natural gas forced air and air conditioning. The property includes plenty of parking and the potential for expansion, along with 1 water share. With some improvements, this building could be refreshed for a thriving business. The property is conveniently located.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Blackfoot
    County
    Bingham
    State
    Idaho
    Longitude
    -112.3584104
    Latitude
    43.1917946

    Nearby Similar for Sale

    • $425,000
      3,250 SF

      Blackfoot Shop with Overhead Doors

      Large shop with overhead doors, kitchen, and office space.
      425 S Maple St, Blackfoot, ID 83221
      View Details
    • $515,000
      9,100 SF

      Blackfoot, ID Office Building

      Large office building with three suites and ample parking.
      34 SE Main St, Blackfoot, ID 83221
      View Details
    • New
      $515,000
      Pending

      Blackfoot Office Building with Suites

      Large office building with three suites and ample parking.
      34 SE Main St, Blackfoot, ID 83221
      View Details
    • $415,000
      3,380 SF

      Mixed-Use Property with Shop

      Two-story building with shop and potential living quarters.
      15 W Walker St, Blackfoot, ID 83221
      View Details
    • $395,000
      3,375 SF

      Blackfoot Mixed-Use Investment Opportunity

      Mixed-use property with immediate rental income and growth potential.
      144 Bridge St W, Blackfoot, ID 83221
      View Details
    • $230,000
      1,178 SF

      Blackfoot Commercial Property with Shop

      Commercial property with detached shop near new Maverick.
      390 N Broadway St, Blackfoot, ID 83221
      View Details
    • $875,000
      2,862 SF

      Versatile Commercial Property with Residence

      Mixed-use property featuring a home, shops, and commercial zoning.
      89 W Center St, Blackfoot, ID 83221
      View Details
    • $425,000
      3,250 SF

      Blackfoot Shop with Overhead Doors

      Large shop with overhead doors and over half acre land.
      425 S Maple St, Blackfoot, ID 83221
      View Details
    • $4,250,000
      7,672 SF

      Blackfoot Commercial Building For Sale

      Impressive newer commercial building in Blackfoot, Idaho.
      1002 Rupe Dr, Blackfoot, ID 83221
      View Details
    • $875,000
      2,862 SF

      Blackfoot Mixed-Use Property For Sale

      2.5-acre property with residential and commercial potential in Blackfoot, ID.
      89 W Center St, Blackfoot, ID 83221
      View Details
    • $299,900
      1,664 SF

      Commercial Building on Large Lot

      Commercial building on a 0.68 acre lot in Blackfoot, ID.
      195 S Elm St, Blackfoot, ID 83221
      View Details
    • $495,000
      3,842 SF

      Charming Blackfoot Duplex with Updates

      Updated duplex blending timeless charm with modern comfort in Blackfoot.
      195 Lansing St, Blackfoot, ID 83221
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Commercial building on a large lot with endless potential.
    Where is this medical office space located?
    The property is located at 195 S Elm St Blackfoot, ID.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - Large .68 acre city lot with expansion potential and 1 water share.; - Versatile layout suitable for various businesses (formerly a chiropractic office).; - Four separate exterior entries.
    (208) 523-6111
    Request Owner's contact information
    195 S Elm St Blackfoot, ID 83221
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    195 S Elm St
    Blackfoot, ID 83221
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    195 S Elm St Blackfoot, ID 83221
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Triple Crown Team
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!