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    Retail/Office Space in Pocatello Title is generated by Realmo AI

    440 E Clark St, Pocatello, ID 83201

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    3600 SF retail or office space for rent.

    Type:Retail, Office
    Property size:
    3,600 SF
    Added:
    Nov 20, 2021
    Days on Market:
    1639
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 440 E Clark St

    General Information

    Standard status
    Active
    Size
    3,600 SF
    Property subtype
    Retail, Office

    Building Details

    Year Built
    1950

    Spaces For Lease

    at 440 E Clark St Contact us

    Suite C $1.00/Mo

    Size
    2,200 SF
    Type
    Retail, Office
    Prime Retail Space – 2,200 SF – High-Visibility Corner on E ClarknnPosition your...
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    Contact us

    Suite A $1.15/Mo

    Size
    2,200 SF
    Type
    Retail, Office
    Discover a turnkey office solution at 440 E Clark, Suite A. This thoughtfully designed...
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    Contact us

    Suite D $0.50/Mo

    Size
    3,600 SF
    Type
    Retail, Office
    440 E Clark, Suite D offers 1,800 square feet of flexible retail or office space...
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    Contact us

    We can help!

    Listing Contact
    Rob Kirkham

    Listing agent Rob Kirkham License #ID: SP46642

    Listing office Premier Properties Real Estate Co

    Listing date Nov 20, 2021

    Source Crexi

    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 Premier Properties Real Estate Co

    HighLights

    • High‑traffic corner location at 4th and Clark ensures excellent visibility.
    • 3600 sq ft suite suitable for retail or open office space.
    • Easy access from I‑15 and popular intersections.
    • Ample parking available.
    • Prominent signage opportunities.
    • 1800 sq ft of open space on the main level, plus an additional 1800 sq ft in the basement.

    Overview

    Located on the corner of 4th and Clark in Pocatello, this 3600 square foot suite is suitable for retail or open office space. The property benefits from high traffic, ensuring visibility. It offers convenient access from I-15 and popular intersections. The building is shared with The Clark Street Style Suites and Willow Sage Services. Nearby businesses include auto shops and sales, medical and doctor offices, professional offices, retail establishments, restaurants, government offices, and the courthouse. The property features 1800 square feet of open space on the main level, complemented by an additional 1800 square feet in the basement. Large windows and ample parking are available, along with prominent signage opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Southwick Black Belt ... Training Center Willow Sage Services Medical Clinic Brent Angel Ellsworth Physician Southwick Black Belt ... Training Center Pro Lash Studio Hair Salon

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pocatello
    County
    Bingham
    State
    Idaho
    Longitude
    -112.445963
    Latitude
    42.866695

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    FAQs

    What type of property is this?
    Retail space - 3600 SF retail or office space for rent.
    Where is this retail space located?
    The property is located at 440 E Clark St Pocatello, ID.
    What are key features of this property?
    This property features: High‑traffic corner location at 4th and Clark ensures **excellent visibility**.; **3600 sq ft suite** suitable for retail or open office space.; Easy access from I‑15 and popular intersections.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Rob Kirkham
    Real Estate License ID: ID: SP46642
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    440 E Clark St, Pocatello, ID 83201
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