Add Listing
    For Lease
    • 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

    534 North 5Th Ave Pocatello, ID 83201

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,500 /Mo

    1,000 SF office space with five private offices.

    We can help!

    Listing Contact
    Nick Terry
    Source: Tokcommercial

    Listing Agent: Nick Terry

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

    Learn more

    Property Insight Report

    Overview

    Move-in Ready Office Space

    This 1,000 SF office space is located at 534 North 5th Avenue. The property features five separate offices and a private restroom, offering a quiet and private atmosphere. Situated on 5th Avenue, the location benefits from high visibility and daily traffic counts of approximately 13,000 vehicles. Its central location provides easy access to amenities, downtown Pocatello, and Idaho State University. The move-in ready space has a functional layout suitable for a variety of office uses. The high-traffic corridor is ideal for professional services or small business operations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Paperwork Place Inc Marketing & Advertising Anjebba (Bike/Boat/Book/etc) Store Atlas Real Estate ... Property Management Company

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Pocatello
    County
    Bingham
    State
    Idaho
    Longitude
    -111.7978295
    Latitude
    43.8147143

    Nearby Similar for Lease

    • $1,300 /Mo
      1,100 SF

      Pocatello Office Space For Lease

      Move-in ready office space with parking in central Pocatello.
      812 E Clark St, Pocatello, ID 83201
      View Details
    • $2,200 /Mo
      7,000 SF

      Pocatello Mixed-Use Commercial Building

      7,000 SF mixed-use building with retail, living, and industrial space.
      1625 N 2Nd Ave, Pocatello, ID 83201
      View Details
    • $1,900 /Mo
      2,718 SF

      Retail Space in Pocatello, ID

      Retail space available for lease on Jefferson, Pocatello, ID.
      164 Jefferson Ave, Pocatello, ID 83201
      View Details
    • $2,900 /Mo
      4,258 SF

      Pocatello Office Space For Lease

      Large office space with utilities included in rent!
      611 Wilson Ave, Pocatello, ID 83201
      View Details
    • $1,215 /Mo
      1,080 SF

      Pocatello Retail/Office Space For Lease

      Updated retail or office space with Yellowstone frontage and parking.
      344 Yellowstone Ave, Pocatello, ID 83201
      View Details
    • New
      $2,200 /Mo
      2,500 SF

      Pocatello Commercial Shop Space Available

      Commercial shop space for lease in Pocatello with garage doors.
      12656 Go Way Ave, Pocatello, ID 83202
      View Details
    • $2,200 /Mo
      1,650 SF

      Retail Space in Crossings Plaza

      Retail space for lease on Yellowstone Avenue in Pocatello.
      1023 Yellowstone Ave, Pocatello, ID 83202
      View Details
    • New
      $14 SF/Yr
      17,500 SF

      Pocatello Office Space For Lease

      Open plan office space available for lease in Pocatello.
      151 3Rd Ave, Pocatello, ID 83204
      View Details
    • $750 /Mo
      800 SF

      Pocatello Shop Space For Lease

      800 SF shop space available for lease in Pocatello.
      845 S Harrison Ave, Pocatello, ID 83204
      View Details
    • $750 /Mo
      892 SF

      Pocatello Office Space For Lease

      Office space for lease in a fantastic Pocatello location.
      611 Wilson Ave, Pocatello, ID 83201
      View Details
    • $5,500 /Mo
      5,569 SF

      Pocatello Commercial Flex Space Available

      Commercial flex space featuring office and warehouse areas for lease.
      169 Warren B, Pocatello, ID 83201
      View Details
    • $12 SF/Yr
      17,500 SF

      Pocatello Office Space For Lease

      Office spaces available in various sizes for lease in Pocatello.
      151 3Rd Ave, Pocatello, ID 83204
      View Details

    FAQs

    What type of property is this?
    Office units - 1,000 SF office space with five private offices.
    Where is this office units located?
    The property is located at 534 North 5Th Ave Pocatello, ID.
    What is the lease rate?
    The lease rate is $1,500 /Mo.
    What are key features of this property?
    This property features: - Prime central location with easy access to amenities, downtown Pocatello, and Idaho State University.; - Excellent visibility on 5th Avenue with traffic counts of approximately 13,000 vehicles per day.; - Move-in ready space with a functional layout suited for a variety of office uses.
    (208) 709-0070
    Request Owner's contact information
    534 North 5Th Ave Pocatello, ID 83201
    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.
    534 North 5Th Ave
    Pocatello, ID 83201
    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
    534 North 5Th Ave Pocatello, ID 83201
    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

    We can help!
    Listing Contact
    Nick Terry
    (208) 709-0070
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!