Multi-Building Warehouse
For Sale
$5,000,000
568 Grange Lane, Twin Falls, ID 83301
Five buildings across two parcels are leased to current tenants.
Property Size44,520 SF
Price / SF$112.31
Days on Market18
Property Features for 568 Grange Lane
General Information
Standard status
Active
Size
44,520 SF
Property subtype
Commercial
Amenities
Garage: 21 - 50 Spaces
21 - 50 Spaces
Building Details
Year Built
1985
Buildings
5
Listing Agency:
Gem State Realty Inc
Listed By:
Jordan Beard · License #SP36002
(208) 420-9709
Source:
Clearwaterproperties
Added: Oct 19
Changed: Nov 4
Last Checked: Nov 4 at 10:44AM
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 Gem State Realty Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This warehouse property in Twin Falls, Idaho, comprises five buildings on two parcels. Built in 1985, the property has tenants and leases in place, with existing rental income.
Key Highlights
- Five existing buildings across two parcels
- Current tenants and leases in place
- Built in 1985
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
—
—
no second resolved use
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
182
Businesses Nearby
Well-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Advanced Modular Storage — 630 Eastland Dr S, Twin Falls, ID 83301
- Jerome Mini Storage — 672 Grange Ln, Twin Falls, ID 83301
- Villa RV Storage — 2050 Eldridge Ave, Twin Falls, ID 83301
- Glacier West Self Storage — 330 Eastland Dr S, Twin Falls, ID 83301
- Storelocal Storage — 2570 Kimberly Rd, Twin Falls, ID 83301
Frequently Asked Questions
What type of property is this?
Warehouse - Five buildings across two parcels are leased to current tenants.
Where is this warehouse 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 existing buildings across two parcels; Current tenants and leases in place; Built in 1985
