Multi-Building Industrial
New
For Sale
$5,000,000
568 Grange Lane, Twin Falls, ID 83301
Commercial Sale, Twin Falls, ID
Property Size44,520 SF
Lot Size2.96 Acres
Price / SF$112.31
Days on Market1
Property Features for 568 Grange Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Exterior features
Dock
Lot features
1 - 4.99 Acres
Standard status
Active
APN
RPT28150010130, RPT28150010120
Size
44,520 SF
Lot size
2.96 Acres
Taxes and HOA fees
Tax Description
Twin Falls Chamber of Commerce Industrial Park No. 3 Lot 12, 13 Block 1 / Twin Falls Eastland Industrial Park Subd. Lot 1 Blk 1
Legal Description
Twin Falls Chamber of Commerce Industrial Park No. 3 Lot 12, 13 Block 1 / Twin Falls Eastland Industrial Park Subd. Lot 1 Blk 1
Utilities
Utilities
Propane
Heating system
Natural Gas
Cooling system
Central Air
Building Details
Year built
1985
Flooring type
Concrete
Building materials
Steel Siding
Roof type
Metal
Listing Agency:
Gem State Realty Inc
(208) 734-0400
Listed By:
Jordan Beard · License #sp36002
(208) 420-9709
Added: Oct 16
Last Checked: Oct 16 at 10:06PM
MLS# 99003890
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.
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Investment Insights
Based on property information with market context.
At 568 Grange Lane in Twin Falls, this industrial property comprises five buildings on two parcels totaling 2.96 acres. The buildings provide a combined 44,520 square feet and were constructed in 1985. Features include a dock, concrete flooring, steel siding, and metal roofing.
Natural gas heating and central air are reported, with propane listed among the utilities. Tenants currently occupy the property under existing leases. The multi-building layout and leased occupancy define the current configuration at this Twin Falls asset.
Natural gas heating and central air are reported, with propane listed among the utilities. Tenants currently occupy the property under existing leases. The multi-building layout and leased occupancy define the current configuration at this Twin Falls asset.
Key Highlights
- Five buildings across two parcels
- 44,520 square feet on 2.96 acres
- Current tenants and leases in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$344,638
Cap Rate
6.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,892,760
$6.9M
Cap Rate 7%
$4,923,400
$4.9M
Cap Rate 9%
$3,829,311
$3.8M
Market Conditions
NOI Build-Up for 44,520 SF
Gross rent
$416.7K $9.36/SF
− Vacancy
−$11.3K −$0.25/SF
EGI
$405.5K $9.11/SF
− OpEx
−$60.8K −$1.37/SF
NOI
$344.6K $7.74/SF
Area
Twin Falls County, ID
Vacancy
2.70%
Lease Rate
$9.36 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,892,760
Cap Rate 7%
$4,923,400
Cap Rate 9%
$3,829,311
Alternative Uses
Best Use
Warehouse
$4.92M
$4.31M – $5.74M
NOI $344,638 @ 7.0% cap · market cap 6.89%
Second Best
Industrial
$3.91M
$3.42M – $4.56M
NOI $273,464 @ 7.0% cap · market cap 5.47%
Theoretical Best
Specialty Retail
$10.21M
$8.94M – $11.92M
NOI $714,913 @ 7.0% cap · market cap 14.30%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
Explore this area
Business Placement
Demographics for 83301, ID
60,789
Population
24,466
Households
2.5
Avg Household Size
35
Median Age
24%
College-Educated
90%
High-School Grad
295.7 sq mi
ZIP Area
206
Density / Sq Mi
$62,388
Median Household Income
$36,276
Median Earnings
$1,011
Median Rent
$290,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Industrial property - Five industrial buildings across two parcels have tenants and leases in place.
Where is this industrial property located?
The property is located at 568 Grange Lane Twin Falls, ID.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Five buildings across two parcels; 44,520 square feet on 2.96 acres; Current tenants and leases in place
