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Office Unit with Full Basement
For Sale
Contact for pricing
Pending

444 Hospital Way, Pocatello, ID 83201

Finished interior provides a reception area and office space for professional operations.

Property Size1,200 SF
Days on Market551

Property Features for 444 Hospital Way

General Information

Standard status Pending
Size 1,200 SF
Property subtype Commercial
Zoning Commercial General

Additional Details

Condition Built-Out

Amenities

3
Full Basement
1200
Forced Air
Stucco
Concrete
Sprinker System-Full,Sprinkler-Auto
City/Public Water
1

Building Details

Building Size 1,200 SF
Stories 2
Listing Agency: Patriot Real Estate LLC
Listed By: Jon Thuernagle
Source: Evolvbrokerage
Added: Apr 27, 2025 Changed: Oct 28 Last Checked: Oct 28 at 4:26PM

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 Patriot Real Estate LLC

Rey
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Investment Insights

Based on property information with market context.

This 1,200-square-foot office unit has a finished reception area and office space, along with a full basement. Building features include forced-air heating and an automatic sprinkler system. The property is zoned Commercial General.

The office is located at 444 Hospital Way in Pocatello, Idaho. Tenant-paid utilities are power and gas, in addition to base rent.

Key Highlights

  • 1,200‑square‑foot office unit
  • Full basement
  • Finished reception area and office space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,752
Suggested Prices Based on Cap Rates
Cap Rate 5%
$195,040 $195.0K
Cap Rate 7%
$139,314 $139.3K
Cap Rate 9%
$108,356 $108.4K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$15.1K $12.60/SF
− Vacancy
−$2.1K −$1.76/SF
EGI
$13.0K $10.84/SF
− OpEx
−$3.3K −$2.71/SF
NOI
$9.8K $8.13/SF
Area
Bannock County, ID
Vacancy
14.00%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$195,040
Cap Rate 7%
$139,314
Cap Rate 9%
$108,356

Alternative Uses

Best Use
Office B
$139.3K
$121.9K – $162.5K (±1% cap)
NOI $9,752 @ 7.0% cap · market cap 65,013.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$198.8K
$174.0K – $232.0K (±1% cap)
NOI $13,919 @ 7.0% cap · market cap 92,793.33%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Pocatello Med Partners Medical Clinic Ryan N Miller, ... Medical Clinic Milestone Law PLLC Law Firm Portneuf Valley Family ... Medical Clinic Laser You Smooth Skin Care Clinic

Suggested Use

Top Pick Electrical Service Hair Salon Building Supply Cafe & Coffee Shop Daycare Center Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

489
Businesses Nearby

Demographics for 83201, ID

38,921
Population
15,885
Households
2.5
Avg Household Size
33
Median Age
34%
College-Educated
94%
High-School Grad
34.2 sq mi
ZIP Area
1,138
Density / Sq Mi
$63,209
Median Household Income
$34,118
Median Earnings
$905
Median Rent
$256,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Finished interior provides a reception area and office space for professional operations.
Where is this office unit located?
The property is located at 444 Hospital Way Pocatello, ID.
What are key features of this property?
This property features: 1,200‑square‑foot office unit; Full basement; Finished reception area and office space
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