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    788 S Broadway St Blackfoot, ID 83221

    For Sale
    $9,800,000

    Business w/Real Estate - Blackfoot, ID

    Property size:
    38,800 SF
    Lot size:
    4.28 Acres
    Days on Market:
    240
    Last Refresh:
    Dec 12 at 12:06 am

    Property Features for 788 S Broadway St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial General
    Size
    38,800 SF
    Lot size
    4.28 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Building materials
    Block, Brick, Concrete, Frame
    Architectural style
    Other

    Keller Williams Realty East Idaho (208) 232-9010

    Listing agent Kristoffer Bertagnolli (208) 232-9010

    Listing date Apr 17, 2025

    MLS# 578948 Listing URL

    Copyright © 2025 Greater Pocatello Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Income Investment Opportunity in Blackfoot

    Slate Mountain Mobile Home Park, located at 788 S Broadway in Blackfoot, Idaho, is a stabilized, multi-income investment property. The turnkey asset includes 38 newly installed manufactured homes (2023 models), 40 self-storage units, and 3 updated apartments. Additionally, there is a leased laundromat and a commercial building with two long-term tenants, including the Humane Society. The property is professionally managed via AppFolio and features modern infrastructure, including paved roads, fiber internet, city utilities, and separate metering. The layout is community-focused, with dedicated parking, central green space, and thoughtful design. The property size is 38800 square feet on a 4.28-acre lot. The property is zoned Commercial General. With rents steadily increasing, the property is projected to have a NOI of $582,249 by 2027. The property is suited for 1031 buyers, private investors, or real estate funds seeking scalable, recession-resilient income in an emerging Idaho submarket.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Blackfoot
    County
    Bingham
    State
    Idaho
    Longitude
    -112.352199
    Latitude
    43.183342

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    FAQs

    What type of property is this?
    Mobile home & RV park - Turnkey asset with multiple income streams in a growing Idaho corridor.
    Where is this mobile home & rv park located?
    The property is located at 788 S Broadway St Blackfoot, ID.
    What is the asking price?
    The asking price for this property is $9,800,000.
    What are key features of this property?
    This property features: - Turnkey asset featuring 38 newly installed (2023) manufactured homes, 40 self-storage units, 3 updated apartments, a leased laundromat, and a commercial building with long-term tenants.; - Projected NOI of $582,249 by 2027, delivering a 6% stabilized cap rate at the $9.8M list price.; - $3.4M in first-year accelerated depreciation unlocks an estimated $1.2M in tax deductions.
    (208) 232-9010
    Request Owner's contact information
    788 S Broadway St Blackfoot, ID 83221
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    Blackfoot, ID 83221
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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
    788 S Broadway St Blackfoot, ID 83221
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