2850 N Spitfire Street, Idaho Falls, ID 83401
COMMERCIAL - Idaho Falls, ID
- Added:
- May 27, 2026
- Days on Market:
- 42
- Last Refresh:
- Jul 7 at 3:06 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, Parking Lot, Assigned
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- RPO0160004005O
- Size
- 2,586 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- MGM Industrial Condominiums Unit 12
- 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
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
- End unit 12 warehouse condo currently under construction with an estimated mid‑2026 completion
- Just under 1,800 SF on the main level, with option to add up to an 850 SF second‑level mezzanine
- 20‑foot ceilings and 16‑foot overhead doors
- 3‑phase power and available high‑speed fiber internet
- Public water and public sewer
- Reserved assigned off‑street parking plus access to community overflow parking; accessible approach with ramp
Overview
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 |
Alternative Uses
Current Use by Public Records
Map
- City
- Idaho Falls
- County
- Bonneville
- State
- Idaho
- Longitude
- -112.000687
- Latitude
- 43.521499
