Two-Office Commercial
For Sale
Contact for pricing
526 E Lewis, Pocatello, ID 83201
The updated suite includes a lobby, storage area, and private restroom in Pocatello’s university area.
Property Size864 SF
Price / SF$0.01
Days on Market18
Property Features for 526 E Lewis
General Information
Standard status
Active
Size
864 SF
Property subtype
Commercial
Zoning
Commercial General
Additional Details
Condition
Newly Renovated
Property Use
Office
Amenities
2
864
Forced Air
0.01
Stucco
Slab on Grade
City/Public Water
1
Building Details
Building Size
864 SF
Stories
1
Listing Agency:
Premier Properties Real Estate Co
Listed By:
Michael Wheelock · License #SP00023523
(208) 220-1911
Source:
Evolvbrokerage
Added: Oct 12
Changed: Oct 28
Last Checked: Oct 28 at 4:28PM
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
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Investment Insights
Based on property information with market context.
This 864-square-foot office unit has two offices, a lobby, a storage area, and a restroom. Interior and exterior updates have been completed, and the space is served by forced-air heating. The building has stucco exterior walls and a slab-on-grade foundation, with city public water service. Zoning is Commercial General.
The property is located in Pocatello’s university area at 526 E Lewis.
The property is located in Pocatello’s university area at 526 E Lewis.
Key Highlights
- 864‑square‑foot office unit with two offices
- Lobby, storage area, and restroom
- Interior and exterior updates completed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,022
Suggested Prices Based on Cap Rates
Cap Rate 5%
$140,440
$140.4K
Cap Rate 7%
$100,314
$100.3K
Cap Rate 9%
$78,022
$78.0K
Market Conditions
NOI Build-Up for 864 SF
Gross rent
$10.9K $12.60/SF
− Vacancy
−$1.5K −$1.76/SF
EGI
$9.4K $10.84/SF
− OpEx
−$2.3K −$2.71/SF
NOI
$7.0K $8.13/SF
Area
Bannock County, ID
Vacancy
14.00%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$140,440
Cap Rate 7%
$100,314
Cap Rate 9%
$78,022
Alternative Uses
Best Use
Office B
$100.3K
$87.8K – $117.0K
NOI $7,022 @ 7.0% cap · market cap 70,220.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$143.2K
$125.3K – $167.0K
NOI $10,022 @ 7.0% cap · market cap 100,220.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,909
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - The updated suite includes a lobby, storage area, and private restroom in Pocatello’s university area.
Where is this office unit located?
The property is located at 526 E Lewis Pocatello, ID.
What are key features of this property?
This property features: 864‑square‑foot office unit with two offices; Lobby, storage area, and restroom; Interior and exterior updates completed
