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Office Suite with Private Offices
For Sale
$359,000

4-480 W Sunnyside Rd, Idaho Falls, ID 83404

Office suite offering five private offices, reception, conference room, and restrooms plus a covered patio.

Property Size1,200 SF
Price / SF$299.17
Days on Market121

Property Features for 4-480 W Sunnyside Rd

General Information

Standard status Active
Size 1,200 SF
Total Parking Spaces 3

Taxes and HOA fees

Annual Taxes $2,028

Amenities

gas fireplace
conference room
shower
air conditioning
yard sprinkler system
three-car garage
courtyard area
covered back patio
Listing Agency: SVN High Desert Commercial
Listed By: Randy Waters · License #SP31104
Source: Exprealty
Added: Jun 25 Changed: Oct 10 Last Checked: Oct 20 at 9:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN High Desert Commercial

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Investment Insights

Based on property information with market context.

This office suite is configured with five private offices, a reception area with a gas fireplace, and a conference room. It also includes a restroom with a shower, along with an additional 435 SF basement. Outdoor amenities include a 200 SF covered back patio that provides access to the basement, plus a courtyard area.

The property is offered for sale in the Idaho Falls market. Included features and utilities noted in the listing are air conditioning, a yard sprinkler system, and a three-car garage. Please note that operating a business from this property requires a variance from the City.

Key Highlights

  • Office suite layout includes five private offices, reception area, and a conference room
  • Reception area features a gas fireplace
  • Restroom includes a shower

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,003
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,060 $260.1K
Cap Rate 7%
$185,757 $185.8K
Cap Rate 9%
$144,478 $144.5K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$20.2K $16.80/SF
− Vacancy
−$2.8K −$2.35/SF
EGI
$17.3K $14.45/SF
− OpEx
−$4.3K −$3.61/SF
NOI
$13.0K $10.84/SF
Area
Bonneville County, ID
Vacancy
14.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,060
Cap Rate 7%
$185,757
Cap Rate 9%
$144,478

Alternative Uses

Best Use
Office B
$185.8K
$162.5K – $216.7K (±1% cap)
NOI $13,003 @ 7.0% cap · market cap 3.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$265.1K
$232.0K – $309.3K (±1% cap)
NOI $18,559 @ 7.0% cap · market cap 5.17%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

147
Businesses Nearby

Demographics for 83404, ID

25,491
Population
9,606
Households
2.7
Avg Household Size
37
Median Age
35%
College-Educated
92%
High-School Grad
25.0 sq mi
ZIP Area
1,020
Density / Sq Mi
$79,211
Median Household Income
$36,802
Median Earnings
$1,013
Median Rent
$355,200
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Office suite offering five private offices, reception, conference room, and restrooms plus a covered patio.
Where is this office unit located?
The property is located at 4-480 W Sunnyside Rd Idaho Falls, ID.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: Office suite layout includes five private offices, reception area, and a conference room; Reception area features a gas fireplace; Restroom includes a shower
More about this property
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