Medical Office with Flexible
For Sale
$489,000
529 Broadway Ave. S, Buhl, ID 83316
Commercial Sale, Buhl, ID
Property Size2,642 SF
Lot Size0.50 Acres
Price / SF$185.09
Days on Market84
Property Features for 529 Broadway Ave. S
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Parking
25
Accessibility
Accessible Approach with Ramp
Lot features
1/2 - .99 Acre, Lawn Sprinklers
Directions
located on Broadway in Buhl.
Standard status
Active
APN
RPB7401007008A
Size
2,642 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Description
Buhl Gray's 1st Addn Lots 8 Thru 14 Block 7 (36-9-14 Se)
Tax Annual Amount
2408
Legal Description
Buhl Gray's 1st Addn Lots 8 Thru 14 Block 7 (36-9-14 Se)
Utilities
Utilities
Propane
Heating system
Natural Gas
Cooling system
Central Air
Amenities
Fiber Optic Internet
Building Details
Year built
1981
Floors in Building
1
Building materials
Frame, Stucco, Stone
Roof type
Composition
Listing Agency:
Fathom Realty
(208) 576-4717
Listed By:
Devry Nield · License #SP32451
(208) 308-3737
Added: Jun 22
Changed: Sep 13
Last Checked: Sep 13 at 4:06PM
MLS# 98991177
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.
Investment Insights
Based on property information with market context.
Located at 529 Broadway Ave. S in Buhl, this 2,642-square-foot medical office property occupies a 0.5-acre site. Built in 1981, the building has a frame, stucco, and stone exterior with a composition roof. Interior improvements include a reception and waiting area, kitchen and break room, private offices, treatment rooms, and additional flexible space. Natural gas heating, central air, propane utilities, fiber optic internet, and an accessible approach with ramp are in place.
A large open parking lot behind the building provides on-site parking for clients and employees. The sale includes the real property only; the dental practice, equipment, and business operations are excluded.
A large open parking lot behind the building provides on-site parking for clients and employees. The sale includes the real property only; the dental practice, equipment, and business operations are excluded.
Key Highlights
- 2,642‑square‑foot medical office building on a 0.5‑acre site
- Interior includes reception, private offices, treatment rooms, kitchen and break room
- Large open parking lot positioned behind the building
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,793
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.30%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$615,860
$615.9K
Cap Rate 7%
$439,900
$439.9K
Cap Rate 9%
$342,144
$342.1K
Market Conditions
NOI Build-Up for 2,642 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$55.5K $21.00/SF
− Vacancy
−$4.2K −$1.58/SF
EGI
$51.3K $19.43/SF
− OpEx
−$20.5K −$7.77/SF
NOI
$30.8K $11.66/SF
Area
Twin Falls County, ID
Vacancy
7.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$615,860
Cap Rate 7%
$439,900
Cap Rate 9%
$342,144
Alternative Uses
Best Use
Healthcare Medical
$439.9K
$384.9K – $513.2K
NOI $30,793 @ 7.0% cap · market cap 6.30%
Second Best
Office B
$325.1K
$284.5K – $379.3K
NOI $22,756 @ 7.0% cap · market cap 4.65%
Theoretical Best
Specialty Retail
$606.1K
$530.3K – $707.1K
NOI $42,426 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
373
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 83316, ID
10,295
Population
4,279
Households
2.4
Avg Household Size
41
Median Age
21%
College-Educated
83%
High-School Grad
293.2 sq mi
ZIP Area
35
Density / Sq Mi
$61,378
Median Household Income
$36,541
Median Earnings
$825
Median Rent
$248,100
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
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Professional building with reception, private rooms, a break area, and rear parking for clients and employees.
Where is this medical office space located?
The property is located at 529 Broadway Ave. S Buhl, ID.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: 2,642‑square‑foot medical office building on a 0.5‑acre site; Interior includes reception, private offices, treatment rooms, kitchen and break room; Large open parking lot positioned behind the building
