Standalone Flex Space with Open
For Sale
$999,999
338 Yellowstone, Pocatello, ID 83201
COMMERCIAL/INDUSTRIAL, Pocatello, ID
Property Size5,500 SF
Lot Size0.28 Acres
Price / SF$181.82
Days on Market145
Property Features for 338 Yellowstone
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial General
Lot features
High Visibility, High Traffic, Near Mall/ Shopping, Near Public Bus Stop
Subdivision
North Pocatello
Standard status
Active
Lot size
0.28 Acres
Taxes and HOA fees
Tax Description
S23-T6S-R34E E127' LOTS 28 (LESS E7') BLOCK 4 VICTORY PARK TOWNSITE
Tax Annual Amount
5382
Legal Description
S23-T6S-R34E E127' LOTS 28 (LESS E7') BLOCK 4 VICTORY PARK TOWNSITE
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Building materials
Frame
Roof type
Membrane
Listing Agency:
eXp Realty LLC
(208) 890-7776
Listed By:
Justin Toll · License #SP46379
(208) 241-9277
Added: May 15
Changed: Sep 7
Last Checked: Oct 6 at 6:06PM
MLS# 582515
Copyright © 2026 Greater Pocatello Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This standalone flex space contains 5,500 sq. ft. within a frame-built structure featuring an open, adaptable interior. Forced-air heating, a membrane roof, and public water are in place. The property occupies 0.28 acres and can accommodate configurations suited to medical, wellness, retail showroom, professional office, or service-oriented operations, as supported by the existing layout and zoning.
Located at 338 Yellowstone in Pocatello, the building fronts Yellowstone Ave and is positioned near shopping, restaurants, and residential neighborhoods. Daily traffic is reported at 28000-32000+ vehicles, providing direct exposure from the commercial corridor. On-site parking and signage opportunities are also noted, adding practical features for staff, customers, and business identification.
Located at 338 Yellowstone in Pocatello, the building fronts Yellowstone Ave and is positioned near shopping, restaurants, and residential neighborhoods. Daily traffic is reported at 28000-32000+ vehicles, providing direct exposure from the commercial corridor. On-site parking and signage opportunities are also noted, adding practical features for staff, customers, and business identification.
Key Highlights
- 5,500 sq. ft. standalone flex building
- 0.28‑acre commercial property on Yellowstone Ave
- 28000‑32000+ vehicles passing daily
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,680
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,013,600
$1.0M
Cap Rate 7%
$724,000
$724.0K
Cap Rate 9%
$563,111
$563.1K
Market Conditions
NOI Build-Up for 5,500 SF
Gross rent
$89.1K $16.20/SF
− Vacancy
−$4.6K −$0.84/SF
EGI
$84.5K $15.36/SF
− OpEx
−$33.8K −$6.14/SF
NOI
$50.7K $9.21/SF
Area
Bannock County, ID
Vacancy
5.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,013,600
Cap Rate 7%
$724,000
Cap Rate 9%
$563,111
Alternative Uses
Best Use
Healthcare Medical
$724.0K
$633.5K – $844.7K
NOI $50,680 @ 7.0% cap · market cap 5.07%
Second Best
Retail
$693.3K
$606.7K – $808.9K
NOI $48,533 @ 7.0% cap · market cap 4.85%
Theoretical Best
Office A
$911.4K
$797.5K – $1.06M
NOI $63,796 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
32,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
863
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 83201, ID
38,921
Population
15,885
Households
2.5
Avg Household Size
33
Median Age
34%
College-Educated
94%
High-School Grad
34.2 sq mi
ZIP Area
1,138
Density / Sq Mi
$63,209
Median Household Income
$34,118
Median Earnings
$905
Median Rent
$256,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Flex space - The property has Commercial General zoning, public water, and an adaptable interior layout.
Where is this flex space located?
The property is located at 338 Yellowstone Pocatello, ID.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: 5,500 sq. ft. standalone flex building; 0.28‑acre commercial property on Yellowstone Ave; 28000‑32000+ vehicles passing daily
