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    37 1St Rexburg, ID 83440

    Sponsored
    For Sale
    Contact for pricing

    Versatile 5000 sq ft space, ample parking.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This unique 5,000 square foot commercial property in Rexburg, Idaho, presents a remarkable opportunity for a diverse range of businesses. Previously utilized as an activity center, incorporating ice skating and office space, this adaptable building offers significant flexibility for prospective tenants. The expansive interior layout allows for subdivision, catering to businesses requiring smaller footprints, provided the tenant is amenable to a modified configuration. A significant advantage is the availability of 50 off-street parking spaces, which can be leased separately, ensuring convenient access for employees and customers. The property sits on a 0.2-acre lot, providing ample space for outdoor activities or potential expansion. The building's prior use as a multi-functional activity center suggests a strong foundation for a variety of commercial ventures. Its location in Rexburg offers access to a vibrant community and a growing local economy. This property is priced to sell and represents an exceptional value for a business seeking a large, adaptable space with convenient parking. The flexible layout and ample parking make this an ideal location for a variety of uses, from recreational facilities to office spaces or a combination thereof. Serious inquiries are encouraged to explore the possibilities this property offers.

    Property Features for 37 1St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    8,712 SF

    Building Details

    Year Built
    1920
    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
    -111.7809
    Latitude
    43.82511

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile 5000 sq ft space, ample parking.
    Where is this commercial real estate located?
    The property is located at 37 1St Rexburg, ID.
    (208) 437-7122
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    37 1St 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
    37 1St Rexburg, ID 83440
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