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

    15 Don's Way Blackfoot, ID 83221

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Shop/Office space centrally located near Walmart and Bingham Memorial Hospital.

    Property size:
    1,650 SF
    Added:
    Jul 11, 2022
    Days on Market:
    1384
    Last Refresh:
    Apr 1 at 9:35 pm

    Property Features for 15 Don's Way

    General Information

    Standard status
    Active
    Size
    1,650 SF
    Property subtype
    Other

    Building Details

    Year Built
    1968

    We can help!

    Listing Contact
    Venture One Properties

    Listing agent Venture One Properties

    Listing office

    Listing date Jul 11, 2022

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Venture One Properties

    Overview

    Retail or Office Space Available

    This 1,650 square foot commercial space in Blackfoot, Idaho, is suitable for retail or office use. The property features one overhead door leading into a shop area, air conditioning, forced air heating, and a restroom. It is centrally located near Walmart and Bingham Memorial Hospital. The net charges are included in the lease. The tenant is responsible for paying for power. The space will be available starting September 15, 2022.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Blackfoot
    County
    Bingham
    State
    Idaho
    Longitude
    -112.406
    Latitude
    43.2718

    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 Street, Blackfoot, ID 83221
      View Details
    • $515,000
      9,100 SF

      Blackfoot Office Building with Suites

      Large office building with three suites and ample parking.
      34 SE Main Street, 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 Street, 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 Street, 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, Blackfoot, ID 83221
      View Details
    • $495,000
      3,842 SF

      Charming Blackfoot Home with Updates

      Updated home blending timeless charm with modern comfort on spacious lot.
      195 Lansing, 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 Drive, Blackfoot, ID 83221
      View Details
    • $350,000
      2,700 SF

      Blackfoot Triplex Investment Opportunity

      Triplex in Blackfoot with ample parking and recent remodeling.
      66 N Stout Avenue, Blackfoot, ID 83221
      View Details
    • $450,000
      3,636 SF

      Updated Fourplex in Blackfoot

      Solid fourplex with updated mechanicals and cash flow potential.
      252 Shilling Avenue, Blackfoot, ID 83221
      View Details
    • $299,900
      1,664 SF

      Blackfoot Commercial Building on Large Lot

      Commercial building on a large lot with endless potential.
      195 S Elm Street, 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 Street, 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 Street, Blackfoot, ID 83221
      View Details

    FAQs

    What type of property is this?
    Retail space - Shop/Office space centrally located near Walmart and Bingham Memorial Hospital.
    Where is this retail space located?
    The property is located at 15 Don's Way Blackfoot, ID.
    What are key features of this property?
    This property features: Centrally located near Walmart and Bingham Memorial Hospital.; 1650 SF Shop/Office Space.; One Overhead Door into Shop.
    (208) 542-7979
    We can help!
    Listing Contact
    Venture One Properties
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!