Retail Storefront Investment
For Sale
Contact for pricing
Pending
549 South Woodruff Avenue, Idaho Falls, ID 83401
Street retail storefront with ample parking and high visibility for a range of retail uses.
Property Size13,600 SF
Days on Market52
Property Features for 549 South Woodruff Avenue
General Information
Standard status
Pending
Size
13,600 SF
Property subtype
Retail
Zoning
Light Commercial
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Building Details
Year Built
1999
Tenancy
Multi
Listing Agency:
SVN | High Desert Commercial
(208) 535-8520
Listed By:
Randy Waters · License #ID SP31104
Source:
Crexi
Added: Jul 1
Changed: Aug 14
Last Checked: Aug 14 at 7:09AM
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
Investment Insights
Based on property information with market context.
This retail property at 549 South Woodruff Avenue is presented as a shopping center/storefront format and is marketed for street retail investment. The space is described as having a spacious interior and a modern aesthetic, supported by ample parking and an emphasis on visibility and accessibility.
The property’s stated value proposition is its location in Idaho Falls, ID, with frontage on South Woodruff Avenue and positioning for customer access. The offering is centered on high visibility and ease of access for day-to-day retail activity, with parking on-site to support walk-in and drive-by traffic.
For investors and retail operators evaluating a storefront-based option, this asset offers a straightforward configuration for retail use based on the interior layout described in the materials. The combination of street-level retail presentation, parking support, and a modern interior profile can fit a variety of retail concepts seeking a dedicated retail address in Idaho Falls. As presented, the property is offered for sale at $2,150,000.
The property’s stated value proposition is its location in Idaho Falls, ID, with frontage on South Woodruff Avenue and positioning for customer access. The offering is centered on high visibility and ease of access for day-to-day retail activity, with parking on-site to support walk-in and drive-by traffic.
For investors and retail operators evaluating a storefront-based option, this asset offers a straightforward configuration for retail use based on the interior layout described in the materials. The combination of street-level retail presentation, parking support, and a modern interior profile can fit a variety of retail concepts seeking a dedicated retail address in Idaho Falls. As presented, the property is offered for sale at $2,150,000.
Key Highlights
- Year built: 1999
- Street retail storefront at 549 South Woodruff Avenue in Idaho Falls, ID
- Ample parking for retail customers
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
$123,402
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
5.74%
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%
$2,468,040
$2.5M
Cap Rate 7%
$1,762,886
$1.8M
Cap Rate 9%
$1,371,133
$1.4M
Market Conditions
NOI Build-Up for 13,600 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
$179.5K $13.20/SF
− Vacancy
−$3.2K −$0.24/SF
EGI
$176.3K $12.96/SF
− OpEx
−$52.9K −$3.89/SF
NOI
$123.4K $9.07/SF
Area
Bonneville County, ID
Vacancy
1.80%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
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%
$2,468,040
Cap Rate 7%
$1,762,886
Cap Rate 9%
$1,371,133
Alternative Uses
Best Use
Retail
$1.76M
$1.54M – $2.06M
NOI $123,402 @ 7.0% cap · market cap 5.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.00M
$2.63M – $3.51M
NOI $210,332 @ 7.0% cap · market cap 9.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
735
Businesses Nearby
224k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 45%
Dining 31%
Shops & Services 20%
Beauty & Spa 3%
WinCo Foods
Groceries
90,196 visits/mo
0.4 miles
Maverik Adventures First Stop
Shops & Services
24,812 visits/mo
0.2 miles
Dutch Bros. Coffee
Dining
21,888 visits/mo
0.3 miles
Jack in the Box
Dining
19,255 visits/mo
0.1 miles
Freddy's Frozen Custard & Steakburgers
Dining
17,277 visits/mo
0.4 miles
Demographics for 83401, ID
47,114
Population
16,026
Households
2.9
Avg Household Size
31
Median Age
30%
College-Educated
90%
High-School Grad
197.3 sq mi
ZIP Area
239
Density / Sq Mi
$75,870
Median Household Income
$35,293
Median Earnings
$1,132
Median Rent
$307,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Centennial Square — 2223 E 17th St, Idaho Falls, ID 83404
- Stryker OFFICE — 560 S Woodruff Ave, Idaho Falls, ID 83401
- Coinstar Kiosk-Inside Winco — winco, 333 n woodruff ave, idaho falls, id 83401
- Coin Cloud Bitcoin ATM — 125 S 25th E, Idaho Falls, ID 83401
- Coinstar Kiosk - Bitcoin ATM — 333 N. Woodruff Ave WinCo, Idaho Falls, ID 83401
Frequently Asked Questions
What type of property is this?
Shopping center - Street retail storefront with ample parking and high visibility for a range of retail uses.
Where is this shopping center located?
The property is located at 549 South Woodruff Avenue Idaho Falls, ID.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Year built: 1999; Street retail storefront at 549 South Woodruff Avenue in Idaho Falls, ID; Ample parking for retail customers
