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

    2539 Channing Way Idaho Falls, ID 83404

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Well-located, affordable office suite near retail and dining.

    We can help!

    Listing Contact
    Blake Phippen
    Source: Tokcommercial

    Listing Agent: Blake Phippen

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

    Learn more

    Overview

    Professional Office Suite in Idaho Falls

    This available office suite offers approximately 669 square feet, suitable for small professional users seeking an efficient workspace. The location provides access to surrounding residential and commercial areas, offering an affordable solution for tenants needing a smaller space in a professional environment. Situated between the Grand Teton Mall and Mountain View Hospital, the suite benefits from nearby retail, dining, and office options. The surrounding area of Idaho Falls combines urban amenities with natural features, including the Snake River and the Idaho Falls River Walk. Snake River Landing offers dining options, and retail destinations are also nearby. The Museum of Idaho and the Idaho Falls Zoo are within close proximity.
    Location Intelligence

    Current Use by Public Records

    Ritchie & Taylor Counseling Counselor Jason Susee - Thrivent Financial Advisor Thrivent Financial Financial Advisor Olive Branch Counseling Crisis Center Idaho Falls Employment ... Department Of Transportation

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Dental Office Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Idaho Falls
    County
    Bonneville
    State
    Idaho
    Longitude
    -111.990025
    Latitude
    43.475249

    Nearby Similar for Lease

    • New
      Contact for pricing
      1,550 SF

      Professional Office Suite For Rent

      1,550 SF office suite near hospital and retail.
      3544 17Th St, Idaho Falls, ID 83401
      View Details
    • Contact for pricing
      13,439 SF

      Downtown Idaho Falls Retail Space

      8,369 SF retail/event space in downtown Idaho Falls.
      330 Shoup Ave, Idaho Falls, ID 83402
      View Details
    • Contact for pricing
      3,500 SF

      Idaho Falls Flex Space Available

      3,500 SF flex space with office and shop areas.
      665 Anderson St, Idaho Falls, ID 83404
      View Details
    • Contact for pricing
      4,050 SF

      Idaho Falls Commercial Space For Rent

      Spacious office in Kensington Professional Park, ideal for medical or business.
      1542 Elk Creek Dr, Idaho Falls, ID 83404
      View Details
    • Contact for pricing
      1,837 SF

      Idaho Falls Commercial Office Space

      Prime location office space in Kensington Professional Park.
      1542 Elk Creek Dr, Idaho Falls, ID 83404
      View Details
    • Contact for pricing
      5,248 SF

      Medical Office Space For Rent

      Flexible medical office space with expansion potential in Idaho Falls.
      3729 Woodking Dr, Idaho Falls, ID 83404
      View Details
    • New
      Contact for pricing
      13,220 SF

      Idaho Falls Flex/Industrial Space

      Divisible flex/industrial space in Idaho Falls with office and restrooms.
      1536 N 25Th E, Idaho Falls, ID 83401
      View Details
    • New
      Contact for pricing
      7,860 SF

      Idaho Falls Industrial Space Available

      Pre-lease industrial spaces with storefront in Idaho Falls.
      Bldg A Endeavor, Idaho Falls, ID 83401
      View Details
    • New
      Contact for pricing
      2,519 SF

      Idaho Falls Flex Suite

      2,519 SF flex suite in high-traffic area.
      1230 Skyline Dr Unit, Idaho Falls, ID 83402
      View Details
    • Contact for pricing
      5,628 SF

      Idaho Falls Office Space For Lease

      Office space for lease in high-traffic Idaho Falls location.
      501 S Woodruff Ave, Idaho Falls, ID 83401
      View Details
    • Contact for pricing
      2,022 SF

      Idaho Falls Flex Suite

      2,022 SF flex suite with offices and warehouse space.
      1230 Skyline Dr Unit, Idaho Falls, ID 83402
      View Details
    • Contact for pricing
      3,842 SF

      Idaho Falls Shop/Office Suite

      3,842 SF flex space near downtown and airport.
      1230 Skyline Dr Unit, Idaho Falls, ID 83402
      View Details

    FAQs

    What type of property is this?
    Office units - Well-located, affordable office suite near retail and dining.
    Where is this office units located?
    The property is located at 2539 Channing Way Idaho Falls, ID.
    What are key features of this property?
    This property features: - Strategically located between Grand Teton Mall and Mountain View Hospital; - Convenient Idaho Falls location with easy access to residential and commercial areas; - Strong surrounding amenities including retail, dining, and office users
    (208) 932-3332
    Request Owner's contact information
    2539 Channing Way Idaho Falls, ID 83404
    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.
    2539 Channing Way
    Idaho Falls, ID 83404
    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
    2539 Channing Way Idaho Falls, ID 83404
    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
    Blake Phippen
    (208) 932-3332
    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!