Office Unit with Ten
For Sale
Contact for pricing
611 Wilson Ave, Pocatello, ID 83201
The multi-room layout includes a shared conference room, common restrooms, and a building security system.
Property Size4,258 SF
Price / SF$0.65
Days on Market11
Property Features for 611 Wilson Ave
General Information
Standard status
Active
Size
4,258 SF
Property subtype
Commercial
Zoning
Commercial General
Additional Details
Utilities to Site
Yes
Property Use
Office
Amenities
common conference room
security system
fiber internet available
12
4258
Forced Air
0.84
Stucco
Sprinkler-Auto,Established Trees
City/Public Water
1
Building Details
Building Size
4,258 SF
Stories
1
Tenancy
Multi
Listing Agency:
Patriot Real Estate LLC
Listed By:
Alisa Payne · License #SP49845
(208) 240-2602
Source:
Evolvbrokerage
Added: Oct 19
Changed: Oct 28
Last Checked: Oct 28 at 7:29AM
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 Patriot Real Estate LLC
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Investment Insights
Based on property information with market context.
This 705-square-foot office unit is arranged with 10 private office spaces, three of which have natural light. A shared conference room and two sinks are also part of the unit. The building provides two restrooms shared among its office occupants, with cleaning for those facilities and common areas included; occupants handle cleaning within their own offices. A security system monitors exterior doors and shared areas.
Gas, power, water, sewer, and garbage are included in the stated monthly rental arrangement. Fiber internet is available on site but is not included. The property is zoned Commercial General and was built in 1950.
Gas, power, water, sewer, and garbage are included in the stated monthly rental arrangement. Fiber internet is available on site but is not included. The property is zoned Commercial General and was built in 1950.
Key Highlights
- 10 office spaces, including 3 with natural light
- 705 square feet
- Shared conference room and two sinks
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,605
Suggested Prices Based on Cap Rates
Cap Rate 5%
$692,100
$692.1K
Cap Rate 7%
$494,357
$494.4K
Cap Rate 9%
$384,500
$384.5K
Market Conditions
NOI Build-Up for 4,258 SF
Gross rent
$53.7K $12.60/SF
− Vacancy
−$7.5K −$1.76/SF
EGI
$46.1K $10.84/SF
− OpEx
−$11.5K −$2.71/SF
NOI
$34.6K $8.13/SF
Area
Bannock County, ID
Vacancy
14.00%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$692,100
Cap Rate 7%
$494,357
Cap Rate 9%
$384,500
Alternative Uses
Best Use
Office B
$494.4K
$432.6K – $576.8K
NOI $34,605 @ 7.0% cap · market cap 1,258.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$705.6K
$617.4K – $823.2K
NOI $49,389 @ 7.0% cap · market cap 1,795.96%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
949
Businesses Nearby
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Business Placement
Demographics for 83201, ID
38,921
Population
15,885
Households
2.5
Avg Household Size
33
Median Age
34%
College-Educated
94%
High-School Grad
34.2 sq mi
ZIP Area
1,138
Density / Sq Mi
$63,209
Median Household Income
$34,118
Median Earnings
$905
Median Rent
$256,100
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - The multi-room layout includes a shared conference room, common restrooms, and a building security system.
Where is this office unit located?
The property is located at 611 Wilson Ave Pocatello, ID.
What are key features of this property?
This property features: 10 office spaces, including 3 with natural light; 705 square feet; Shared conference room and two sinks
