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    1216 Stocks Ave Rexburg, ID 83440

    Sponsored
    For Sale
    $3,200,000

    Two office buildings, high income, great location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional investment opportunity presents two well-maintained office buildings situated in a prime Rexburg, Idaho location, experiencing significant growth. The larger building, located at 1216 Stocks Avenue, boasts 14 offices, three conference rooms, five restrooms, two spacious reception areas, a kitchen, and an elevator (requiring service). Currently operating as a call center with approximately 117 employees, this building offers adaptable floor plans suitable for various businesses. The smaller building, at 1190 Stocks Avenue, comprises six offices, three large call center rooms, four restrooms (two per level), a reception area, and a break room/kitchen. It currently houses a real estate office and a call center. Both buildings are constructed of durable brick, feature granite restrooms, and utilize gas heating and air conditioning. They are network-ready and share a substantial off-street parking lot. The combined monthly income from both properties is approximately $16,000, representing a 6% capitalization rate. The property sits conveniently near a Walmart Supercenter and is close to planned developments including a Wendy's and car wash, as well as a future temple. This is a rare chance to acquire a high-performing, multi-building commercial property in a thriving area. The 0.4-acre lot provides ample space and potential for future expansion.

    Property Features for 1216 Stocks Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    17,424 SF

    Building Details

    Year Built
    2006
    Property Profile Location Intelligence

    Current Use by Public Records

    Premier Therapy Associates Physical Therapy Clinic Best of Home Care Home Health Care Service

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Building Supply Hair Salon Wholesale Shop Nail Salon 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
    -111.7757
    Latitude
    43.85099

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    FAQs

    What type of property is this?
    Commercial real estate - Two office buildings, high income, great location.
    Where is this commercial real estate located?
    The property is located at 1216 Stocks Ave Rexburg, ID.
    What is the asking price?
    The asking price for this property is $3,200,000.
    (208) 529-8888
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    1216 Stocks Ave 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
    1216 Stocks Ave Rexburg, ID 83440
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