14-Bed Assisted Living
175 Constellation Drive, Idaho Falls, ID 83402
For Sale
$1,050,000
Commercial Sale, Idaho Falls, ID
Property Size3,984 SF
Price / SF$263.55
Days on Market53
Property Features for 175 Constellation Drive
General Information
Property type
Property subtype
Zoning description
Parking features
Accessibility
Lot features
Directions
Standard status
APN
Size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Building materials
Roof type
Listing Agency:
Silvercreek Realty Group
Listed By:
Ryan Hatch · License ID #57178
(208) 523-6111
Added: Sep 22
Changed: Oct 6
Last Checked: Nov 13 at 11:06PM
MLS# 2189408
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.
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Investment Insights
Based on property information with market context.
This assisted living facility contains 3,984 square feet and accommodates 14 beds. Completed in 2017, the property features frame construction with vinyl siding, a composition roof, central air conditioning, and natural gas heating. An accessible approach with ramp supports entry, while an on-site parking lot serves the facility.
The property is located at 175 Constellation Drive in Idaho Falls, Idaho. Public water and public sewer serve the site, providing established utility infrastructure for the existing facility.
The property is located at 175 Constellation Drive in Idaho Falls, Idaho. Public water and public sewer serve the site, providing established utility infrastructure for the existing facility.
Key Highlights
- 14‑bed assisted living facility
- 3,984 square feet of building area
- Built in 2017
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,354
Cap Rate
2.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$607,080
$607.1K
Cap Rate 7%
$433,629
$433.6K
Cap Rate 9%
$337,267
$337.3K
Market Conditions
NOI Build-Up for 3,984 SF
Gross rent
$57.4K $14.40/SF
− Vacancy
−$2.2K −$0.55/SF
EGI
$55.2K $13.85/SF
− OpEx
−$24.8K −$6.23/SF
NOI
$30.4K $7.62/SF
Area
Bonneville County, ID
Vacancy
3.80%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$607,080
Cap Rate 7%
$433,629
Cap Rate 9%
$337,267
Alternative Uses
Best Use
Apartment 5plus
$433.6K
$379.4K – $505.9K
NOI $30,354 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$880.2K
$770.2K – $1.03M
NOI $61,615 @ 7.0% cap · market cap 5.87%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
75
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 83402, ID
28,452
Population
11,983
Households
2.4
Avg Household Size
34
Median Age
31%
College-Educated
92%
High-School Grad
171.0 sq mi
ZIP Area
166
Density / Sq Mi
$72,064
Median Household Income
$35,593
Median Earnings
$904
Median Rent
$301,400
Median Home Value
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Similar Off Market Nearby
- No Place Like Home — 679 troy ave, idaho falls, id 83402
- Broadway Hills Assisted Living — 215 Constellations Rd, Idaho Falls, ID 83402
- Broadway Fields Assisted Living — 175 constellation drive, Idaho Falls, ID 83402
Frequently Asked Questions
What type of property is this?
Assisted living facility - Built in 2017 with central air, natural gas heat, accessible entry, and dedicated parking.
Where is this assisted living facility located?
The property is located at 175 Constellation Drive Idaho Falls, ID.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 14‑bed assisted living facility; 3,984 square feet of building area; Built in 2017
