Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Executive Office Suites Title is generated by Realmo AI

    2055 Garrett Way, Pocatello, ID 83201

    View on Map
    Claim this Listing
    New
    For Lease
    Contact for pricing

    Clean, functional office layout in Garrett Business Park, suited for professional, administrative, or government-related use.

    Type:Office
    Added:
    Jun 2, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 6 at 5:22 am

    Property Features for 2055 Garrett Way

    General Information

    Standard status
    Active
    Property subtype
    Office

    Building Details

    Year Built
    1950

    Spaces For Lease

    at 2055 Garrett Way Contact us

    We can help!

    Listing Contact
    Rob Kirkham

    Listing agent Rob Kirkham License #ID: SP46642

    Listing office Premier Properties Real Estate Co

    Listing date Jun 2, 2026

    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 Premier Properties Real Estate Co

    HighLights

    • Office space in Garrett Business Park in a building built in 1950
    • Can be rented as individual executive offices
    • Layout suited for professional, administrative, or government‑related use
    • Space may be combined with additional contiguous office space

    Overview

    This suite can be rented as individual executive offices, offering a clean, functional office layout appropriate for day-to-day professional operations. The property is presented as space within a quiet, professional complex designed for office users.

    The offices are located in the well-established, easily located, historic Garrett Business Park at 2055 Garrett Way in Pocatello, Idaho. The setting is positioned for straightforward business access and a professional environment.

    For tenants seeking private executive office space, this configuration supports professional, administrative, and government-related uses. The suite may also be combined with additional, contiguous office space, which can be helpful for growing teams that want to expand within the same office complex.
    Location Intelligence

    Current Use by Public Records

    Western Supply General Contractor Estes Express Lines Trucking Company Idaho Mountain Blue ... Association Or Organization Dale's Inc - Commercial ... Property Management Company Call Jennifer Counselor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pocatello
    County
    Bingham
    State
    Idaho
    Longitude
    -112.4628521
    Latitude
    42.8784419

    Nearby Similar for Lease

    • $2,909/Mo
      1,790 SF

      Medical Office Space For Lease

      Premium medical office space in Highland Medical Park available for lease.
      1951 Bench Rd. Suite C, Pocatello, ID 83201
      View Details
    • $14 SF/Yr
      2,120 SF

      Corner Office Space with Parking

      Corner office suite with extensive glass, easy access, and ample parking for convenient customer and employee visits.
      105 N Arthur, Pocatello, ID 83204
      View Details
    • $3,825/Mo
      8,750 SF

      Pocatello Industrial Building For Lease

      Industrial building with overhead doors, loading dock, and remodeled office.
      1919 N Harrison, Pocatello, ID 83204
      View Details
    • $4,000/Mo
      3,730 SF

      Pocatello Commercial Space For Lease

      3,700 SF commercial space suitable for professional or retail use.
      675 YELLOWSTONE SUITE E, Pocatello, ID 83201
      View Details
    • $2,250/Mo
      1,500 SF

      Pocatello Retail/Office Space Available

      Versatile 1,500 sq ft space on Yellowstone Ave, Pocatello.
      1023 Yellowstone Ave, Pocatello, ID 83201
      View Details
    • $2,750/Mo
      4,258 SF

      Spacious Office Unit For Lease

      Large office space with utilities included in Pocatello, Idaho.
      611 Wilson Ave, Pocatello, ID 83201
      View Details
    • $4,050/Mo
      8,500 SF

      Pocatello Warehouse with Overhead Doors

      Industrial warehouse with tall ceilings and resurfaced parking.
      1921 N Harrison, Pocatello, ID 83204
      View Details
    • $1,660/Mo
      2,718 SF

      Pocatello Retail Space For Lease

      Retail space available for lease in Pocatello, Idaho.
      164 Jefferson, Pocatello, ID 83201
      View Details
    • $1,300/Mo
      1,100 SF

      Pocatello Office Space For Lease

      Move-in ready office space with parking in central Pocatello.
      812 E Clark Suite A, Pocatello, ID 83201
      View Details
    • $10 SF/Yr
      8,500 SF

      Pocatello Office Space For Lease

      8500 sq ft of vacant office space available for lease.
      151 3rd Ave, Pocatello, ID 83204
      View Details
    • $16 SF/Yr
      1,880 SF

      Pocatello Office Space Available

      Main floor office space with conference room and break area.
      151 3rd Ave Suite 103, Pocatello, ID 83204
      View Details
    • $2,750/Mo
      3,040 SF

      Warehouse with Office and Mezzanine

      Light industrial zoned warehouse offering office space plus mezzanine and high interior ceilings for flexible operations.
      322 Griffith (warehouse only), Pocatello, ID 83201
      View Details

    FAQs

    What type of property is this?
    Office units - Clean, functional office layout in Garrett Business Park, suited for professional, administrative, or government-related use.
    Where is this office units located?
    The property is located at 2055 Garrett Way Pocatello, ID.
    What are key features of this property?
    This property features: Office space in Garrett Business Park in a building built in 1950; Can be rented as individual executive offices; Layout suited for professional, administrative, or government‑related use
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Rob Kirkham
    Real Estate License ID: ID: SP46642
    Learn More
    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
    2055 Garrett Way, Pocatello, ID 83201
    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!