Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mixed-Use Space in Blackfoot, ID Title is generated by Realmo AI

    1801 E Airport Rd, Blackfoot, ID 83221

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    4,000 SF mixed-use space with highway frontage available for rent.

    Type:Office, Industrial
    Property size:
    4,000 SF
    Added:
    Oct 16, 2024
    Days on Market:
    596
    Last Refresh:
    May 11 at 8:51 pm

    Property Features for 1801 E Airport Rd

    General Information

    Standard status
    Active
    Size
    4,000 SF
    Property subtype
    Office, Industrial

    Spaces For Lease

    at 1801 E Airport Rd Contact us

    $1.19/Mo

    Size
    4,000 SF
    Type
    Office, Industrial
    Contact us

    We can help!

    Listing Contact
    Nate Clark
    Nate Clark

    Listing agent Nate Clark License #ID SP58997

    Listing office Newmark Mountain West

    Listing date Oct 16, 2024

    Source Crexi

    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 Newmark Mountain West

    HighLights

    • 4,000 SF mixed use property
    • Great highway frontage
    • Located in Blackfoot, ID

    Overview

    A 4,000 SF mixed-use property is available for rent in Blackfoot, ID. The property features highway frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Building Supply Auto Repair Shop Pharmacy Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Blackfoot
    County
    Bingham
    State
    Idaho
    Longitude
    -112.327146
    Latitude
    43.208212

    Nearby Similar for Lease

    • $2,500/Mo
      5,324 SF

      Commercial Building in Blackfoot, ID

      Move-in ready commercial building for lease on Main Street.
      27 N Main, Blackfoot, ID 83221
      View Details
    • Contact for pricing
      1,911 SF

      Blackfoot Commercial Space For Lease

      Commercial space available for lease in Blackfoot, Idaho.
      955 Market Street, Blackfoot, ID 83221
      View Details
    • $1,800/Mo
      2,156 SF

      Retail Space in High Traffic

      Customizable retail space in a high-traffic area near Wal-mart.
      1175 Parkway, Blackfoot, ID 83221
      View Details
    • Contact for pricing
      5,300 SF

      Blackfoot Retail Space For Lease

      Updated commercial building with open space available for lease.
      27 N Main Street, Blackfoot, ID 83221
      View Details
    • Contact for pricing
      2,215 SF

      Established Market in Blackfoot, ID

      Well-established market available for rent in a prime location.
      805 S Broadway Street, Blackfoot, ID 83221
      View Details
    • Contact for pricing
      1,580 SF

      Flex Building For Rent

      1,580 SF flex building available for rent.
      21 Dons Way, Blackfoot, ID 83221
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - 4,000 SF mixed-use space with highway frontage available for rent.
    Where is this mixed-use property located?
    The property is located at 1801 E Airport Rd Blackfoot, ID.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 4,000 SF mixed use property; Great highway frontage; Located in Blackfoot, ID
    (801) 578-5578 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Nate Clark
    Nate Clark
    Real Estate License ID: ID SP58997
    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
    1801 E Airport Rd, Blackfoot, ID 83221
    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!