Office Building with
480 W Sunnyside Road #4, Idaho Falls, ID 83402
For Sale
New
$359,000
Five private offices, a conference room, and a three-car garage support a range of office functions.
Property Size1,635 SF
Price / SF$219.57
Days on Market2
Property Features for 480 W Sunnyside Road #4
General Information
Standard status
Size
Total Parking Spaces
Zoning
Additional Details
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
air conditioning
yard sprinkler system
courtyard area
gas fireplace
restroom with a shower
covered back patio
Finished
true
1
1200
435
Square Feet
High Traffic
Public
Assigned
Concrete Perimeter
1635
Building Details
Building Size
Year Built
Listing Agency:
(208) 317-3170
Listed By:
Triple Crown Realty Team
Source:
Triplecrownteam
Added: Nov 12
Changed: Nov 13
Last Checked: Nov 13 at 2:05AM
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 Triple Crown Realty Team
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office property includes five private offices, a reception area with a gas fireplace, a conference room, and a restroom with a shower. A 435-square-foot basement adds finished space, while the 200-square-foot covered rear patio connects to the basement. Additional features include air conditioning, a sprinkler system for the yard, a three-car garage, and a courtyard. Built in 1979, the property is zoned commercial; the specific zoning has not been verified. Operating a business at the property requires a variance from the City.
Key Highlights
- Five private offices, reception area with gas fireplace, and conference room
- 435‑square‑foot basement with access from the covered rear patio
- 200‑square‑foot covered patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,717
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$354,340
$354.3K
Cap Rate 7%
$253,100
$253.1K
Cap Rate 9%
$196,856
$196.9K
Market Conditions
NOI Build-Up for 1,635 SF
Gross rent
$27.5K $16.80/SF
− Vacancy
−$3.8K −$2.35/SF
EGI
$23.6K $14.45/SF
− OpEx
−$5.9K −$3.61/SF
NOI
$17.7K $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%
$354,340
Cap Rate 7%
$253,100
Cap Rate 9%
$196,856
Alternative Uses
Best Use
Office B
$253.1K
$221.5K – $295.3K
NOI $17,717 @ 7.0% cap · market cap 4.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$361.2K
$316.1K – $421.4K
NOI $25,286 @ 7.0% cap · market cap 7.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
183
Businesses Nearby
Explore this area
Business Placement
Demographics for 83402, ID
28,452
Population
11,983
Households
2.4
Avg Household Size
34
Median Age
31%
College-Educated
92%
High-School Grad
171.0 sq mi
ZIP Area
166
Density / Sq Mi
$72,064
Median Household Income
$35,593
Median Earnings
$904
Median Rent
$301,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Five private offices, a conference room, and a three-car garage support a range of office functions.
Where is this office building located?
The property is located at 480 W Sunnyside Road #4 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: Five private offices, reception area with gas fireplace, and conference room; 435‑square‑foot basement with access from the covered rear patio; 200‑square‑foot covered patio
