1463 Commerce Way Idaho Falls, ID 83401
COMMERCIAL - Idaho Falls, ID
- Added:
- Jul 10, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 10 at 7:06 pm
Property Features for 1463 Commerce Way
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 6
- Rooms
- Bathroom 3, Bathroom 1, Bathroom 6, Bathroom 5, Bathroom 2, Bathroom 4
- Parking features
- Parking Lot
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- RPO7060002001O
- Size
- 23,916 SF
- Lot size
- 1.87 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LOT 1, BLOCK 2, ST LEON INDUSTRIAL PARK E1/2, SEC 5, T 2N, R38
- Tax Annual Amount
- 82978
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1996
- Building materials
- Metal Siding
- Roof type
- Metal
Listing agent Shane Murphy License #DB24210 (208) 542-7979
Listing office Venture One Properties 434 Gladstone, Idaho Falls, ID (208) 542-7979
Listing date Jul 10, 2026
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.
Investment Insights
Based on property information with market context.
The site provides access to Highway 20, Highway 26, and I-15, supporting practical connectivity for business operations. Leases are structured for quick extension or termination, offering flexibility for an end user or investor looking to occupy all or part of the property while maintaining or adjusting tenant income.
Key Highlights
- 23,916 SF on 1.869 acres in the Idaho Falls market, with access to Highway 20, Highway 26, and I‑15
- Includes an 11,792 SF 2‑story office building with 30 offices and conference areas
- Also features 12,034 SF of shop/warehouse space suited for light industrial or service use
Local 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 | $243.9k | $10.20 |
| − Vacancy | −$17.1k | −$0.71 |
| EGI | $226.9k | $9.49 |
| − OpEx | −$79.4k | −$3.32 |
| NOI | $147.5k | $6.17 |
