Brand-New Warehouse
2850 N Spitfire Street, Idaho Falls, ID 83401
COMMERCIAL - Idaho Falls, ID
Property size:
2,586 SFLot size:
0.06 AcresPrice / SF:
$135/SF- Added:
- May 27, 2026
- Days on Market:
- 42
- Last Refresh:
- Jul 7 at 4:06 am
Property Features for 2850 N Spitfire Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Property condition
- Under Construction
- Parking
- 2
- Parking features
- Off Street, Assigned, Parking Lot
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- RPO0160004005O
- Size
- 2,586 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- MGM Industrial Condominiums Unit 2
- Tax Annual Amount
- 0
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2026
- Building materials
- Metal Siding
- Roof type
- Metal
Listing agent Natalie Bateman (208) 437-7122
Listing office Axen Realty 5559 S Sossaman Rd Bldg 1 #101, Mesa, ID (208) 437-7122
Listing date May 27, 2026
MLS# 2179930
Copyright © 2026 Snake River Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Unit 2 under construction (Year Built 2026) with an estimated mid‑2026 completion
- Just under 1,800 sq ft main level plus the flexibility to add up to an 850 sq ft second‑level mezzanine
- 20‑foot ceilings with massive 16‑foot overhead doors for warehouse use
- 3‑phase power and high‑speed fiber internet available
- Dedicated reserved parking, plus access to community overflow parking
- Metal siding and metal roof; public water and public sewer; central air with natural gas forced‑air heating
Overview
Unit 2 is currently under construction and scheduled for estimated mid-2026 completion. This warehouse condo offers a main level sized at just under 1,800 square feet, with the option to add an up-to 850 square-foot second-level mezzanine. The space is designed for heavy-duty use, featuring 20-foot ceilings and 16-foot overhead doors, along with 3-phase power. High-speed fiber internet is available, supporting both operational needs and office connectivity. The layout can also be configured with a custom office to pair with shop and inventory storage, and buyers have the option to build out a caretaker living space into the project.
The property is located at 2850 N Spitfire Street in Idaho Falls, Idaho. It benefits from highway access and proximity to city amenities. Dedicated reserved parking is included, with access to community overflow parking.
This unit is well suited for owner-operators and tenants seeking a functional, build-to-fit industrial space where storage, workspace, and office can be combined. The mezzanine option can support additional storage or workflow flexibility, while the oversized overhead doors and heavy-duty setup are designed to accommodate practical warehouse operations.
The property is located at 2850 N Spitfire Street in Idaho Falls, Idaho. It benefits from highway access and proximity to city amenities. Dedicated reserved parking is included, with access to community overflow parking.
This unit is well suited for owner-operators and tenants seeking a functional, build-to-fit industrial space where storage, workspace, and office can be combined. The mezzanine option can support additional storage or workflow flexibility, while the oversized overhead doors and heavy-duty setup are designed to accommodate practical warehouse operations.
Local Financial Insights For Office B
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 | $43.4k | $16.80 |
| − Vacancy | −$6.1k | −$2.35 |
| EGI | $37.4k | $14.45 |
| − OpEx | −$9.3k | −$3.61 |
| NOI | $28.0k | $10.84 |
2,586 SF · lease $16.80/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$400.3K
$350.3K – $467.0K
NOI $28,022 @ 7.0% cap · market cap 8.01%
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.
Location Intelligence
Current Use by Public Records
Office Units
Map
- City
- Idaho Falls
- County
- Bonneville
- State
- Idaho
- Longitude
- -112.000687
- Latitude
- 43.521499
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - A new warehouse condo with large overhead doors, 20-foot ceilings, and utilities set up for flexible shop or storage use.
Where is this warehouse located?
The property is located at 2850 N Spitfire Street Idaho Falls, ID.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Unit 2 under construction (Year Built 2026) with an estimated mid‑2026 completion; Just under 1,800 sq ft main level plus the flexibility to add up to an 850 sq ft second‑level mezzanine; 20‑foot ceilings with massive 16‑foot overhead doors for warehouse use
