Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    273 Shoup Avenue West Twin Falls, ID

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Versatile property with classrooms, offices, and living space.

    Type:OFFICE
    Property size:
    14,780 SF
    Lot size:
    0.91 Acres
    Added:
    Nov 23, 2025
    Days on Market:
    161
    Last Refresh:
    Apr 5 at 8:12 pm

    Property Features for 273 Shoup Avenue West

    General Information

    Standard status
    Active
    Size
    14,780 SF
    Lot size
    0.91 Acres
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    Tami Walker
    Tami Walker

    Listing agent Tami Walker License #SP45677

    Listing office Colliers International Idaho |Twin Falls

    Listing date Nov 23, 2025

    Source Moodyscre

    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 Colliers International Idaho |Twin Falls

    Overview

    Equipped Classrooms and Studio Apartment

    This property features 9 fully equipped classrooms, each with 2 emergency exits. There are 11 total bathrooms, including 7 private bathrooms within the classrooms, 3 main bathrooms, and 1 in the upstairs studio apartment. The property includes 4 private offices suitable for administration or management. It also has 2 full kitchens and 2 laundry rooms. An upstairs studio apartment is available for staff housing or rental income. Additional amenities include a conference room, an employee breakroom, and a gym. The property has 21 dedicated parking spaces, with additional street parking. Multiple outdoor play areas are present, suitable for childcare, recreation, or events. The property is fully fenced and equipped with a comprehensive security system. It is suitable for use as a school, daycare, community center, or professional office space. The property size is 14780 square feet and is located in Twin Falls, ID.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Step Ahead School Training Center Idaho Migrant Head ... High School Step Ahead Training Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Twin Falls
    County
    Twin Falls
    State
    Idaho
    Longitude
    -114.476
    Latitude
    42.5652

    Nearby Similar for Lease

    • $2,500/Mo

      Adaptable Workspace in Twin Falls

      Scalable office space with shared amenities in Twin Falls.
      246 3rd Ave S, Twin Falls, ID 83301
      View Details
    • $33,075 SF/Yr

      Prime Retail Space on Main

      Spacious retail space in the heart of Twin Falls.
      236 Main Ave N, Twin Falls, ID 83301
      View Details
    • $14,400/Mo

      Downtown Twin Falls Coworking Space

      Coworking venue in the heart of downtown Twin Falls.
      150 Main Ave S unit: 103, Twin Falls, ID 83301
      View Details
    • $154,292 SF/Yr

      Renovated Multi-Level Downtown Building

      23,000 sq. ft. renovated building in downtown Twin Falls.
      202 Main Avenue S, Twin Falls, ID 83301
      View Details
    • $6,500/Mo

      Office Space Ready for Buildout

      Commercial space in Twin Falls, ready for custom office buildout.
      246 3rd Ave S, Twin Falls, ID 83301
      View Details
    • $97,500 SF/Yr

      Twin Falls Commercial Showroom Space

      7,500 SF showroom with offices and storage in Twin Falls.
      1730 Kimberly Road, Twin Falls, ID 83301
      View Details
    • Contact for pricing

      Shell Office Space For Lease

      Shell office space in premier location, customizable for tenants.
      273 Canyon Crest Dr, Twin Falls, ID 83301
      View Details
    • $850/Mo

      Executive Office Space with Canyon Views

      High-demand office space with Snake River Canyon views for lease.
      195 River Vista Place, Twin Falls, ID 83301
      View Details
    • $2,200/Mo

      Twin Falls Commercial Space Available

      Commercial space for lease in Twin Falls, Idaho.
      727 2nd Avenue S , Twin Falls, ID 83301
      View Details
    • $2,200/Mo

      Warehouse with Ample Storage Area

      Twin Falls warehouse with convenient access and storage.
      735 Minidoka Avenue, Twin Falls, ID 83301
      View Details
    • $3,100/Mo

      High Visibility Twin Falls Location

      Prime leasing opportunity on Twin Falls' busiest street.
      181 Blue Lakes Blvd N, Twin Falls, ID 83301
      View Details
    • $1.08 SF/Yr

      Industrial/Retail Build To Suit

      5,000 SF industrial/retail space with Kimberly Road frontage.
      2623-2647 Kimberly Rd, Twin Falls, ID
      View Details

    FAQs

    What type of property is this?
    School - Versatile property with classrooms, offices, and living space.
    Where is this school located?
    The property is located at 273 Shoup Avenue West Twin Falls, ID.
    What are key features of this property?
    This property features: 9 fully equipped classrooms, 7 with private bathrooms, ideal for school or daycare use; Upstairs studio apartment provides staff housing or rental income potential; 21 dedicated parking spaces plus additional street parking
    (208) 472-2827 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Tami Walker
    Tami Walker
    Real Estate License ID: SP45677
    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

    273 Shoup Avenue West, Twin Falls, ID

    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!