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    437 2Nd Rexburg, ID 83440

    Sponsored
    For Sale
    Contact for pricing

    Versatile Rexburg commercial space, ideal for various businesses.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This unique multi-use building at 437 W 2nd S in Rexburg, Idaho, presents a compelling opportunity for a diverse range of businesses. Situated on a 0.06-acre lot, the property boasts a flexible layout encompassing office space, a showroom, and a warehouse area. Previously occupied by Chapple Paint, the building's front section served as a retail paint store with an executive office, while the rear was utilized as a warehouse, featuring a convenient single overhead door for loading and unloading. The property offers ample parking exclusively for building occupants, ensuring convenient access for employees and customers. Its strategic location provides easy access to major transportation arteries, including Highway 20 and Highway 33, placing it within minutes of key thoroughfares. Furthermore, its proximity to W Main Street and the BYU Idaho campus offers significant advantages for businesses seeking high visibility and a strong customer base. The owner is open to discussing potential improvements or modifications to the property to better suit a tenant's specific needs, making this a highly adaptable and attractive commercial space. Additional details are available in the marketing flyer.

    Property Features for 437 2Nd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    2,614 SF

    Building Details

    Year Built
    1978
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rexburg
    County
    Madison County
    State
    Idaho
    Longitude
    -111.7966
    Latitude
    43.82163

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile Rexburg commercial space, ideal for various businesses.
    Where is this commercial real estate located?
    The property is located at 437 2Nd Rexburg, ID.
    (208) 378-4600
    Request Owner's contact information
    437 2Nd 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
    437 2Nd Rexburg, ID 83440
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