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New Flex Space with Private Office
For Sale
$295,000

235 W Burnside Unit 113, Chubbuck, ID 83202

A front office and rear shop provide a practical setup for contractors, service businesses, and storage operations.

Property Size1,592 SF
Price / SF$185.30
Days on Market70

Property Features for 235 W Burnside Unit 113

General Information

Standard status Active
Size 1,592 SF

Additional Details

Highway Access Yes
Three-Phase Power Yes

Building Details

Year Built 2026
Listing Agency: Silvercreek Realty Group
Listed By: Jacob Andrus
Source: Signaturerealestateid
Added: Aug 1 Changed: Oct 8 Last Checked: Oct 7 at 4:11PM

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 Silvercreek Realty Group

Investment Insights

Based on property information with market context.

This individual flex unit contains 1,592 square feet arranged around two distinct work areas: a private office at the front and a larger shop at the rear. The configuration supports contractor, service, storage, and other commercial operations while allowing an owner to occupy a dedicated space rather than acquire an oversized building. The property is identified as a flex space and is scheduled for construction in 2026.

Located at 235 W Burnside Unit 113 in Chubbuck, the unit offers interstate access and visibility from its commercial setting. Its compact format combines office functionality with shop space in a separately owned commercial unit.

Key Highlights

  • 1,592 SF individual flex unit
  • Private front office paired with a large rear shop
  • Designed for individual ownership within a commercial property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,708
Cap Rate
2.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$174,160 $174.2K
Cap Rate 7%
$124,400 $124.4K
Cap Rate 9%
$96,756 $96.8K
Market Conditions
NOI Build-Up for 1,592 SF
Gross rent
$14.3K $9.00/SF
− Vacancy
−$931 −$0.59/SF
EGI
$13.4K $8.42/SF
− OpEx
−$4.7K −$2.95/SF
NOI
$8.7K $5.47/SF
Area
Bannock County, ID
Vacancy
6.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$174,160
Cap Rate 7%
$124,400
Cap Rate 9%
$96,756

Alternative Uses

Best Use
Flex RnD
$124.4K
$108.9K – $145.1K (±1% cap)
NOI $8,708 @ 7.0% cap · market cap 2.95%
Second Best
Warehouse
$96.0K
$84.0K – $112.1K (±1% cap)
NOI $6,723 @ 7.0% cap · market cap 2.28%
Theoretical Best
Office A
$263.8K
$230.8K – $307.8K (±1% cap)
NOI $18,466 @ 7.0% cap · market cap 6.26%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store HVAC Service Parking Lot & Garage Accounting Firm Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

784
Businesses Nearby
Balanced
Demand for This Use

Demographics for 83202, ID

24,441
Population
8,866
Households
2.8
Avg Household Size
34
Median Age
23%
College-Educated
93%
High-School Grad
166.8 sq mi
ZIP Area
147
Density / Sq Mi
$68,118
Median Household Income
$39,341
Median Earnings
$941
Median Rent
$300,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - A front office and rear shop provide a practical setup for contractors, service businesses, and storage operations.
Where is this flex space located?
The property is located at 235 W Burnside Unit 113 Chubbuck, ID.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 1,592 SF individual flex unit; Private front office paired with a large rear shop; Designed for individual ownership within a commercial property
More about this property
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