2850 N Spitfire St Idaho Falls, ID 83401
2850 N Spitfire St, Idaho Falls, ID, 83401
$350,000
For Sale
$350,000
Unit 2 is under construction for mid-2026 delivery with 20-foot ceilings and large overhead doors.
Property Size2,586 SF
Lot Size0.06 Acres
Price / SF$135.34
Days on Market53
Property Features for 2850 N Spitfire St
General Information
- Standard status
- Active
- Property type
- Flex space, Industrial properties, Warehouses, Other warehouses, Commercial real estate
- Size
- 2,586 SF
- Lot size
- 0.06 Acres
Building Details
- Year Built
- 2026
Listing Office
Listed by
Natalieb
Added: May 27 Checked: Jul 17 at 12:25 am
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.4k | $10.20 |
| − Vacancy | −$1.8k | −$0.71 |
| EGI | $24.5k | $9.49 |
| − OpEx | −$8.6k | −$3.32 |
| NOI | $15.9k | $6.17 |
2,586 SF · lease $10.20/SF/yr · vacancy 7.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$227.8K
$199.3K – $265.8K
NOI $15,945 @ 7.0% cap · market cap 4.56%
Second Best
Warehouse
$184.6K
$161.6K – $215.4K
NOI $12,925 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$571.3K
$499.9K – $666.6K
NOI $39,994 @ 7.0% cap · market cap 11.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Unit 2 is under construction for mid-2026 delivery with 20-foot ceilings and large overhead doors.
Where is this flex space located?
The property is located at 2850 N Spitfire St Idaho Falls, ID.
What is the asking price?
The asking price for this property is $350,000.
