Flex Warehouse for
1378 Grizzly Avenue Idaho Falls, ID 83402
For Sale
Contact for pricing
Warehouse/flex space with on-site parking, offered for sale in Idaho Falls.
Property Size2,466 SF
Price / SF$202.72
Days on Market44
Property Features for 1378 Grizzly Avenue
General Information
- Standard status
- Active
- Size
- 2,466 SF
- Property subtype
- Special Purpose
Building Details
- Year Built
- 1978
Listing Agency:
CENTURY 21 High Desert
(208) 524-2121
Listed By:
Julie Winn · License #ID SP35555
Source:
Crexi
Added: Jun 10
Changed: Jul 23
Last Checked: Jul 23 at 2:37AM
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 CENTURY 21 High Desert
Investment Insights
Based on property information with market context.
This flex warehouse property is offered for sale at 1378 Grizzly Avenue in Idaho Falls, Idaho. The sellers have established the location and are moving up into a bigger space, creating an opportunity for the next user to take over the site. The offering includes a warehouse/flex configuration and on-site parking.
The property size is 2,466 square feet, and the list price is $499,900. While the remarks emphasize the quality of the building and parking, potential buyers should review the space directly to confirm layout and condition for their specific operational needs.
The property size is 2,466 square feet, and the list price is $499,900. While the remarks emphasize the quality of the building and parking, potential buyers should review the space directly to confirm layout and condition for their specific operational needs.
Key Highlights
- Warehouse/flex space for sale in Idaho Falls
- Built in 1978
- On‑site parking available
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.2k | $10.20 |
| − Vacancy | −$1.8k | −$0.71 |
| EGI | $23.4k | $9.49 |
| − OpEx | −$8.2k | −$3.32 |
| NOI | $15.2k | $6.17 |
2,466 SF · lease $10.20/SF/yr · vacancy 7.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$217.2K
$190.1K – $253.4K
NOI $15,205 @ 7.0% cap · market cap 3.04%
Second Best
Warehouse
$176.1K
$154.1K – $205.4K
NOI $12,325 @ 7.0% cap · market cap 2.47%
Theoretical Best
Office A
$544.8K
$476.7K – $635.6K
NOI $38,138 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Skyline Animal Hospital
Veterinary Clinic
Adam Petersen, DVM
Veterinary Clinic
Critter Cuts mobile ...
Pet Grooming Service
Kooda Margaret DVM
Veterinary Clinic
FAQs
What type of property is this?
Flex space - Warehouse/flex space with on-site parking, offered for sale in Idaho Falls.
Where is this flex space located?
The property is located at 1378 Grizzly Avenue Idaho Falls, ID.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Warehouse/flex space for sale in Idaho Falls; Built in 1978; On‑site parking available
