Metal-Frame Flex
New
For Sale
$1,200,000
5645 N Willow Oak Lane, Idaho Falls, ID 83406
Commercial Sale, Idaho Falls, ID
Property Size7,500 SF
Lot Size0.88 Acres
Price / SF$160
Days on Market3
Property Features for 5645 N Willow Oak Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Zoning description
General Zoning: Commercial, Specific Zoning: Bonneville-C1-Limited Commerci
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking features
Parking Lot
Accessibility
Accessible Approach with Ramp
Subdivision
Heritage Heights
Directions
East on Hwy 26 towards Ririe. Turn left at Tildy Ln. Right on Manor Way. Left on Willow Oak Lane. Building is on the left.
Standard status
Active
APN
RPO2410005002O
Size
7,500 SF
Lot size
0.88 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 2, BLOCK 5, HERITAGE HEIGHTS, SW1/4, SEC 35, T 3N, R 38 , HERITAGE HEIGHTS Rural Subdivision Land
Tax Annual Amount
367
Legal Description
LOT 2, BLOCK 5, HERITAGE HEIGHTS, SW1/4, SEC 35, T 3N, R 38 , HERITAGE HEIGHTS Rural Subdivision Land
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Building Details
Year built
2026
Building materials
Metal Frame, Metal Siding
Roof type
Metal
Listing Agency:
eXp Realty LLC
Listed By:
Mattie Worton
(208) 890-7776
Added: Nov 3
Changed: Nov 4
Last Checked: Nov 5 at 1:06PM
MLS# 2190164
Copyright © 2026 Snake River Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Under construction on a 0.88-acre site at 5645 N Willow Oak Lane, this 7,500-square-foot flex building is planned with a metal frame and metal siding. Its 60-by-125-foot footprint includes four 14-by-14-foot overhead doors and a 5-inch concrete slab. Ceiling height ranges from 19 feet on the lower side to 24 feet on the higher side.
The planned electrical service is 400 amps with three-phase power, and additional capacity may be added. The listing includes a 12-by-12-foot office and an ADA-compliant restroom. The interior layout can be customized, and the building can be divided into multiple spaces. Shell completion is estimated for December 31, 2026; interior work is expected to require about four additional months, depending on the buildout details.
The planned electrical service is 400 amps with three-phase power, and additional capacity may be added. The listing includes a 12-by-12-foot office and an ADA-compliant restroom. The interior layout can be customized, and the building can be divided into multiple spaces. Shell completion is estimated for December 31, 2026; interior work is expected to require about four additional months, depending on the buildout details.
Key Highlights
- 7,500 square feet on a 0.88‑acre site
- 60‑by‑125‑foot building footprint
- Four 14‑by‑14‑foot overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,244
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$924,880
$924.9K
Cap Rate 7%
$660,629
$660.6K
Cap Rate 9%
$513,822
$513.8K
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$76.5K $10.20/SF
− Vacancy
−$5.4K −$0.71/SF
EGI
$71.1K $9.49/SF
− OpEx
−$24.9K −$3.32/SF
NOI
$46.2K $6.17/SF
Area
Bonneville County, ID
Vacancy
7.00%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$924,880
Cap Rate 7%
$660,629
Cap Rate 9%
$513,822
Alternative Uses
Best Use
Flex RnD
$660.6K
$578.1K – $770.7K
NOI $46,244 @ 7.0% cap · market cap 3.85%
Second Best
Warehouse
$535.5K
$468.6K – $624.8K
NOI $37,485 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$1.66M
$1.45M – $1.93M
NOI $115,992 @ 7.0% cap · market cap 9.67%
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
29
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 83406, ID
19,003
Population
6,837
Households
2.8
Avg Household Size
32
Median Age
37%
College-Educated
95%
High-School Grad
32.0 sq mi
ZIP Area
594
Density / Sq Mi
$90,654
Median Household Income
$39,189
Median Earnings
$1,182
Median Rent
$350,500
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - The interior can be tailored to business requirements, and the building may be configured as multiple spaces.
Where is this flex space located?
The property is located at 5645 N Willow Oak Lane Idaho Falls, ID.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 7,500 square feet on a 0.88‑acre site; 60‑by‑125‑foot building footprint; Four 14‑by‑14‑foot overhead doors
