Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Idaho Falls Office Space Title is generated by Realmo AI

    1409 Benton Street, Idaho Falls, ID 83401

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    COMMERCIAL - Idaho Falls, ID

    Type:Office
    Property size:
    1,863 SF
    Added:
    Apr 17, 2026
    Days on Market:
    27
    Last Refresh:
    May 13 at 6:06 am

    Property Features for 1409 Benton Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 3, Bathroom 2
    Parking features
    Off Street
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    APN
    RPA1422008006C
    Size
    1,863 SF

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Zoned, Electric (Heating), Natural Gas, Radiant, Forced Air
    Water source
    Public

    Building Details

    Year built
    1958

    We can help!

    Listing Contact
    Kevin Cutler

    Listing agent Kevin Cutler License ##SP34914

    Listing office SVN High Desert Commercial 700 Memorial Drive, Idaho Falls, ID

    Listing date Apr 17, 2026

    MLS# 2181178

    Copyright © 2026 Snake River Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Competitive price reduction: Owner offering 2‑months free rent for an accepted lease.
    • Central location: Situated in central Idaho Falls with good visibility.
    • Versatile office space: Offers a spacious interior with potential for customization.
    • Convenient access: Provides easy access for tenants and clients.
    • Natural light: Features ample natural light throughout the office space.
    • Accessibility: Accessible approach with ramp.

    Overview

    Located in central Idaho Falls, this 1,863 square foot office space at 1409 Benton St offers an affordable opportunity for businesses. The property features a classic facade and a spacious interior with natural light, offering potential for customization. The space is a 3rd generation office space with potential for revitalization. The central location provides good visibility and convenient access, making it suitable for businesses seeking a strategic presence in Idaho Falls. The owner is offering 2-months free rent for an accepted lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Idaho Falls
    County
    Bonneville
    State
    Idaho
    Longitude
    -112.0057677
    Latitude
    43.4907866

    Nearby Similar for Lease

    • Contact for pricing

      Mechanic Shop Lease Opportunity

      Commercial lease with high visibility near Interstate 20.
      591 E Iona Road, Idaho Falls, ID 83401
      View Details
    • Contact for pricing

      Idaho Falls Commercial Space For Rent

      Spacious office in Kensington Professional Park, ideal for medical or business.
      1542 Elk Creek Drive unit: #2, Idaho Falls, ID 83404
      View Details
    • Contact for pricing

      Idaho Falls Industrial Flex Building

      6,600 SF industrial flex building in prime location.
      2399 E. 24 N, Idaho Falls, ID 83401
      View Details
    • Contact for pricing

      Medical Office Space For Rent

      Flexible medical office space with expansion potential in Idaho Falls.
      3729 Woodking Drive, Idaho Falls, ID 83404
      View Details
    • Contact for pricing

      Downtown Idaho Falls Retail Space

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

      Commercial Space in Idaho Falls

      Prime commercial property for lease in Idaho Falls, ID.
      625 W Pancheri Drive, Idaho Falls, ID 83401
      View Details
    • Contact for pricing

      Idaho Falls Commercial Shop Space

      6600 SF shop space for lease in Idaho Falls.
      325 Garfield, Idaho Falls, ID 83402
      View Details
    • Contact for pricing

      Idaho Falls Office Space For Lease

      Office space in high-traffic Idaho Falls location.
      501 S Woodruff Avenue, Idaho Falls, ID 83401
      View Details
    • Contact for pricing

      Idaho Falls Commercial Office Space

      Office building with highway visibility and quick highway access.
      2535 N Boulevard, Idaho Falls, ID 83401
      View Details
    • Contact for pricing

      Professional Office Suite For Rent

      1,550 SF office suite near hospital and retail.
      3544 17th Street unit: #207, Idaho Falls, ID 83401
      View Details
    • Contact for pricing

      Idaho Falls Office Space For Rent

      Executive suite with river views in Idaho Falls CBD.
      501 W Broadway unit: #3Rd, Idaho Falls, ID 83402
      View Details
    • Contact for pricing

      Idaho Falls Retail Space Available

      High-visibility retail space in a growing commercial area.
      665 Anderson unit: #D, Idaho Falls, ID 83404
      View Details

    FAQs

    What type of property is this?
    Office units - Affordable office space with revitalization potential in central Idaho Falls.
    Where is this office units located?
    The property is located at 1409 Benton Street Idaho Falls, ID.
    What are key features of this property?
    This property features: Competitive price reduction: Owner offering **2‑months free rent** for an accepted lease.; Central location: Situated in central Idaho Falls with good visibility.; Versatile office space: Offers a **spacious interior** with potential for customization.
    (208) 535-8520
    We can help!
    Listing Contact
    Kevin Cutler
    Real Estate License ID: #SP34914
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    1409 Benton Street, Idaho Falls, ID 83401
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!