Single-Tenant Office with Finished
New
For Sale
$679,900
390 Falls Ave, Twin Falls, ID 83301
Commercial Sale, Twin Falls, ID
Property Size3,710 SF
Lot Size0.30 Acres
Price / SF$183.26
Days on Market1
Property Features for 390 Falls Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Exterior features
Paved Outside Area
Lot features
10000 S F - .49 Acre, Lawn Sprinklers
Standard status
Active
APN
RPT1851002003A
Size
3,710 SF
Lot size
0.30 Acres
Additional Details
Property Use
Office
Condition
Turnkey
Taxes and HOA fees
Tax Description
Twin Falls Falls Professional Plaza Subd Lot 3, Exc E 4.5 Block 2 (9-10-17 Nw) (63-602A)
Legal Description
Twin Falls Falls Professional Plaza Subd Lot 3, Exc E 4.5 Block 2 (9-10-17 Nw) (63-602A)
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Building Details
Year built
2000
Building materials
Brick, Frame, Stucco
Roof type
Metal
Buildings
1
Listing Agency:
Silvercreek Realty Group
(208) 377-0422
Listed By:
Jason Mccurdy · License #DB28607
(208) 731-2686
Added: Nov 5
Last Checked: Nov 5 at 1:06PM
MLS# 99005643
Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 2000, this 3,710-square-foot office building occupies a 0.30-acre site. The main level includes reception, several private offices, and a records room with built-in shelving. A finished basement adds break rooms, meeting areas, and storage. Brick, stucco, and wood-frame construction sit beneath a metal roof. The building is served by central air conditioning and two forced-air natural gas heating units, with city water, sewer, and electric service.
The property is across from the College of Southern Idaho and west of Blue Lakes Boulevard. Paved on-site parking includes 15 reserved spaces.
The property is across from the College of Southern Idaho and west of Blue Lakes Boulevard. Paved on-site parking includes 15 reserved spaces.
Key Highlights
- 3,710‑square‑foot office building on a 0.30‑acre site
- Built in 2000 with brick, stucco, and wood‑frame construction and a metal roof
- Finished basement with break rooms, meeting areas, and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,954
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$639,080
$639.1K
Cap Rate 7%
$456,486
$456.5K
Cap Rate 9%
$355,044
$355.0K
Market Conditions
NOI Build-Up for 3,710 SF
Gross rent
$49.0K $13.20/SF
− Vacancy
−$6.4K −$1.72/SF
EGI
$42.6K $11.48/SF
− OpEx
−$10.7K −$2.87/SF
NOI
$32.0K $8.61/SF
Area
Twin Falls County, ID
Vacancy
13.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$639,080
Cap Rate 7%
$456,486
Cap Rate 9%
$355,044
Alternative Uses
Best Use
Office B
$456.5K
$399.4K – $532.6K
NOI $31,954 @ 7.0% cap · market cap 4.70%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$851.1K
$744.7K – $992.9K
NOI $59,576 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
949
Businesses Nearby
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Business Placement
Demographics for 83301, ID
60,789
Population
24,466
Households
2.5
Avg Household Size
35
Median Age
24%
College-Educated
90%
High-School Grad
295.7 sq mi
ZIP Area
206
Density / Sq Mi
$62,388
Median Household Income
$36,276
Median Earnings
$1,011
Median Rent
$290,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Private offices, reception, records storage, and lower-level meeting and break areas support a range of office functions.
Where is this office building located?
The property is located at 390 Falls Ave Twin Falls, ID.
What is the asking price?
The asking price for this property is $679,900.
What are key features of this property?
This property features: 3,710‑square‑foot office building on a 0.30‑acre site; Built in 2000 with brick, stucco, and wood‑frame construction and a metal roof; Finished basement with break rooms, meeting areas, and storage
