Flex Building with Loading
115 E Anderson, Idaho Falls, ID 83401
For Sale
New
Contact for pricing
HC-1-zoned space combines customer-facing showroom area with warehouse and office space.
Property Size10,100 SF
Price / SF$0.00
Days on Market3
Property Features for 115 E Anderson
General Information
Standard status
Size
Property subtype
Zoning
Lease Term
Warehouse & Industrial
Warehouse Space
Office Build-Out
Dock-High Doors
Additional Details
Property Use
Amenities
Training Room
Breakroom
Building Details
Building Size
Year Built
Year Renovated
Buildings
Properties For Sale
at 115 E Anderson
115 N. Anderson
Size
10,100 SF
Type
Freestanding Building
Term
60 months
Listing Agency:
SVN High Desert Commercial
Listed By:
Kevin Cutler · License ID SP34914
(208) 589-9820
Source:
Svnhd
Added: Nov 8
Last Checked: Nov 10 at 5:50AM
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 SVN High Desert Commercial
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Investment Insights
Based on property information with market context.
This flex building contains 10,100 square feet, with 4,500 square feet of showroom area, 4,000 square feet of warehouse space and 1,600 square feet of offices. A training room and breakroom are also included. The property was remodeled in 2014 and has an exterior 48-inch truck well for loading.
At 115 E. Anderson in Idaho Falls, the building occupies a corner lot and has signage. It was built in 1977 and is zoned HC-1.
At 115 E. Anderson in Idaho Falls, the building occupies a corner lot and has signage. It was built in 1977 and is zoned HC-1.
Key Highlights
- 10,100‑square‑foot flex building on a corner lot
- 4,500 square feet of showroom area and 4,000 square feet of warehouse space
- 1,600 square feet of offices, plus a training room and breakroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,572
Suggested Prices Based on Cap Rates
Cap Rate 5%
$831,440
$831.4K
Cap Rate 7%
$593,886
$593.9K
Cap Rate 9%
$461,911
$461.9K
Market Conditions
NOI Build-Up for 10,100 SF
Gross rent
$60.6K $6.00/SF
− Vacancy
−$1.2K −$0.12/SF
EGI
$59.4K $5.88/SF
− OpEx
−$17.8K −$1.76/SF
NOI
$41.6K $4.12/SF
Area
Bonneville County, ID
Vacancy
2.00%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$831,440
Cap Rate 7%
$593,886
Cap Rate 9%
$461,911
Alternative Uses
Best Use
Retail
$1.31M
$1.15M – $1.53M
NOI $91,644 @ 7.0% cap
Second Best
Flex RnD
$889.7K
$778.5K – $1.04M
NOI $62,276 @ 7.0% cap
Theoretical Best
Office A
$2.23M
$1.95M – $2.60M
NOI $156,203 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
1
Dock-high doors
Location Intelligence
Trade Area within ½ mile
263
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 83401, ID
47,114
Population
16,026
Households
2.9
Avg Household Size
31
Median Age
30%
College-Educated
90%
High-School Grad
197.3 sq mi
ZIP Area
239
Density / Sq Mi
$75,870
Median Household Income
$35,293
Median Earnings
$1,132
Median Rent
$307,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Idaho Falls, ID
Properties on Market for Flex space in Idaho Falls
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - HC-1-zoned space combines customer-facing showroom area with warehouse and office space.
Where is this flex space located?
The property is located at 115 E Anderson Idaho Falls, ID.
What are key features of this property?
This property features: 10,100‑square‑foot flex building on a corner lot; 4,500 square feet of showroom area and 4,000 square feet of warehouse space; 1,600 square feet of offices, plus a training room and breakroom
