Flex Property With Drive-Through
21000 Highway 30, Filer, ID 83328
For Sale
$879,500
Pending
Flexible commercial property combines a spacious shop, separate office access, multiple doors, and an on-site residence or office option.
Property Size5,400 SF
Lot Size5.67 Acres
Days on Market1123
Property Features for 21000 Highway 30
General Information
Standard status
Size
Lot size
Site & Location
Highway Access
Road Access
Utilities to Site
Warehouse & Industrial
Drive-In Doors
Three-Phase Power
Taxes and HOA fees
Annual Taxes
Amenities
3 phase power
exhaust system
air compressor
commercial frontage for signage
Building Details
Buildings
Building Size
Listing Agency:
Berkshire Hathaway HomeServices Idaho Homes & Properties
(208) 733-5336
Listed By:
Mandi Riddle · License ID DB32412
(208) 539-1230
Source:
Exprealty
Added: Oct 19, 2023
Changed: Nov 5
Last Checked: Nov 12 at 12:35PM
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 Berkshire Hathaway HomeServices Idaho Homes & Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Set on 5.67 acres, this flex property includes a 5,400-square-foot commercial shop with a separate-entry office, concrete flooring, 3-phase power, an exhaust system, an air compressor, and multiple power options. The building is configured for vehicle passage with two grade-level overhead doors measuring 10' x 16' and 10' x 10', plus a rear sliding door measuring 11' tall by 18' wide.
A separate 2,568-square-foot house features new flooring and paint and can also serve as office space. An additional detached building provides further office or flex-space potential. The property includes water shares, commercial Highway 30 frontage, parking, and pasture area that may accommodate parking, animals, storage units, or RV storage, subject to applicable approvals. Located at 21000 Highway 30 in Filer, Idaho.
A separate 2,568-square-foot house features new flooring and paint and can also serve as office space. An additional detached building provides further office or flex-space potential. The property includes water shares, commercial Highway 30 frontage, parking, and pasture area that may accommodate parking, animals, storage units, or RV storage, subject to applicable approvals. Located at 21000 Highway 30 in Filer, Idaho.
Key Highlights
- 5.67‑acre property with commercial Highway 30 frontage
- 5,400 SF shop with concrete floor and 3‑phase power
- Drive‑through configuration with two grade‑level overhead doors and a rear sliding door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,239
Cap Rate
8.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,524,780
$1.5M
Cap Rate 7%
$1,089,129
$1.1M
Cap Rate 9%
$847,100
$847.1K
Market Conditions
NOI Build-Up for 7,968 SF
Gross rent
$129.1K $16.20/SF
− Vacancy
−$7.1K −$0.89/SF
EGI
$122.0K $15.31/SF
− OpEx
−$45.7K −$5.74/SF
NOI
$76.2K $9.57/SF
Area
Twin Falls County, ID
Vacancy
5.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,524,780
Cap Rate 7%
$1,089,129
Cap Rate 9%
$847,100
Alternative Uses
Best Use
Mixed Use
$1.09M
$953.0K – $1.27M
NOI $76,239 @ 7.0% cap · market cap 8.67%
Second Best
Office B
$980.4K
$857.9K – $1.14M
NOI $68,628 @ 7.0% cap · market cap 7.80%
Theoretical Best
Specialty Retail
$1.83M
$1.60M – $2.13M
NOI $127,952 @ 7.0% cap · market cap 14.55%
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
Open Analytics
Current Use
Lease Details
3
Drive-in doors
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
112
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 83328, ID
6,230
Population
2,518
Households
2.5
Avg Household Size
37
Median Age
21%
College-Educated
86%
High-School Grad
67.3 sq mi
ZIP Area
93
Density / Sq Mi
$62,273
Median Household Income
$35,841
Median Earnings
$1,131
Median Rent
$293,500
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
Frequently Asked Questions
What type of property is this?
Flex space - Flexible commercial property combines a spacious shop, separate office access, multiple doors, and an on-site residence or office option.
Where is this flex space located?
The property is located at 21000 Highway 30 Filer, ID.
What is the asking price?
The asking price for this property is $879,500.
What are key features of this property?
This property features: 5.67‑acre property with commercial Highway 30 frontage; 5,400 SF shop with concrete floor and 3‑phase power; Drive‑through configuration with two grade‑level overhead doors and a rear sliding door
