Corner Warehouse and
703 N Washington Street Twin Falls, ID 83301
703 N Washington Street, Twin Falls, ID, 83301
$995,000
For Sale
$995,000
Corner commercial property with a 3,400 sq ft warehouse, 480 sq ft storage building, and paved parking for up to 50 vehicles.
Property Size3,880 SF
Lot Size0.96 Acres
Price / SF$256.44
Days on Market188
Property Features for 703 N Washington Street
General Information
- Standard status
- Active
- Size
- 3,880 SF
- Lot size
- 0.96 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1985
Listing agency
Amherst Madison
(208) 860-7604
Listed by
Bridgett Zeufeldt
(208) 860-7604
Source
Homesofidaho
Added: Jan 16 Updated: Jul 22 at 5:59PM Checked: Jul 22 at 5:59PM
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 Amherst Madison
Investment Insights
Based on property information with market context.
This corner commercial property includes a 3,400 sq ft warehouse plus a 480 sq ft storage building, along with additional paved lot space. The site is designed to support day-to-day operations with on-site paved parking capacity for up to 50 vehicles.
The property is situated on the corner of Washington and Caswell and offers 206 feet of frontage on Washington Street.
The existing improvements provide a functional mix of warehouse and storage space supported by substantial parking and paved area.
The property is situated on the corner of Washington and Caswell and offers 206 feet of frontage on Washington Street.
The existing improvements provide a functional mix of warehouse and storage space supported by substantial parking and paved area.
Key Highlights
- Corner commercial property with 206 ft of Washington Street frontage on Washington & Caswell.
- Nearly 1 acre lot (0.96 acres) with paved outside area for additional usable space.
- Includes 3,400 sq ft warehouse plus a 480 sq ft storage building.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.3k | $9.36 |
| − Vacancy | −$981 | −$0.25 |
| EGI | $35.3k | $9.11 |
| − OpEx | −$5.3k | −$1.37 |
| NOI | $30.0k | $7.74 |
3,880 SF · lease $9.36/SF/yr · vacancy 2.70% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$429.1K
$375.5K – $500.6K
NOI $30,036 @ 7.0% cap · market cap 3.02%
Second Best
Flex RnD
$345.4K
$302.3K – $403.0K
NOI $24,181 @ 7.0% cap · market cap 2.43%
Theoretical Best
Specialty Retail
$890.1K
$778.8K – $1.04M
NOI $62,306 @ 7.0% cap · market cap 6.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Progressive Auto Sales
Car Dealership
CT Sullivans
Big Box & Wholesale Store
Progressive Title Loans
Loan Service
Pristine Details
Car Wash
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Corner commercial property with a 3,400 sq ft warehouse, 480 sq ft storage building, and paved parking for up to 50 vehicles.
Where is this flex space located?
The property is located at 703 N Washington Street Twin Falls, ID.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Corner commercial property with 206 ft of Washington Street frontage on Washington & Caswell.; Nearly 1 acre lot (0.96 acres) with paved outside area for additional usable space.; Includes 3,400 sq ft warehouse plus a 480 sq ft storage building.
