Office Building with Private
For Sale
$790,000
1415 Fillmore St, Twin Falls, ID 83301
A north-facing wall of windows brings natural light into the commercial interior.
Property Size7,440 SF
Price / SF$106.18
Days on Market108
Property Features for 1415 Fillmore St
General Information
Standard status
Active
Size
7,440 SF
Property subtype
Commercial
Amenities
Garage: 21 - 50 Spaces
21 - 50 Spaces
Building Details
Year Built
1997
Buildings
1
Listing Agency:
Silvercreek Realty Group
Listed By:
Shari Goedhart · License #SP00025447
(208) 539-5845
Source:
Clearwaterproperties
Added: Jul 21
Changed: Nov 4
Last Checked: Nov 4 at 1:05PM
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
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Investment Insights
Based on property information with market context.
This office building at 1415 N Fillmore St Unit 701 includes two enclosed offices, a break area, and a finished basement with an expansive open room. Three bathrooms serve the property, including one equipped with a shower.
Constructed in 1997, the building has a north-facing wall of windows that contributes to its bright interior. The configuration provides a combination of private rooms, shared support space, open area, and lower-level finished space within an established office property.
Constructed in 1997, the building has a north-facing wall of windows that contributes to its bright interior. The configuration provides a combination of private rooms, shared support space, open area, and lower-level finished space within an established office property.
Key Highlights
- Two private offices provide enclosed work areas
- Finished basement includes a large open room
- Three bathrooms, including one with a shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,081
Cap Rate
8.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,281,620
$1.3M
Cap Rate 7%
$915,443
$915.4K
Cap Rate 9%
$712,011
$712.0K
Market Conditions
NOI Build-Up for 7,440 SF
Gross rent
$98.2K $13.20/SF
− Vacancy
−$12.8K −$1.72/SF
EGI
$85.4K $11.48/SF
− OpEx
−$21.4K −$2.87/SF
NOI
$64.1K $8.61/SF
Area
Twin Falls County, ID
Vacancy
13.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,281,620
Cap Rate 7%
$915,443
Cap Rate 9%
$712,011
Alternative Uses
Best Use
Healthcare Medical
$1.24M
$1.08M – $1.45M
NOI $86,713 @ 7.0% cap · market cap 10.98%
Second Best
Office B
$915.4K
$801.0K – $1.07M
NOI $64,081 @ 7.0% cap · market cap 8.11%
Theoretical Best
Specialty Retail
$1.71M
$1.49M – $1.99M
NOI $119,473 @ 7.0% cap · market cap 15.12%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,042
Businesses Nearby
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Business Placement
Demographics for 83301, ID
60,789
Population
24,466
Households
2.5
Avg Household Size
35
Median Age
24%
College-Educated
90%
High-School Grad
295.7 sq mi
ZIP Area
206
Density / Sq Mi
$62,388
Median Household Income
$36,276
Median Earnings
$1,011
Median Rent
$290,600
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - A north-facing wall of windows brings natural light into the commercial interior.
Where is this office building located?
The property is located at 1415 Fillmore St Twin Falls, ID.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: Two private offices provide enclosed work areas; Finished basement includes a large open room; Three bathrooms, including one with a shower
