Office Suites with Reception
For Sale
Contact for pricing
707 N 7th Street, Pocatello, ID 83201
Suites C and D offer a professional layout with private offices and multiple bathrooms.
Property Size2,600 SF
Price / SF$1.08
Days on Market21
Property Features for 707 N 7th Street
General Information
Standard status
Active
Size
2,600 SF
Property subtype
Commercial
Zoning
Commercial General
Additional Details
Property Use
Office
Amenities
8
Full Basement
2600
Forced Air
0.55
Brick
Concrete
City/Public Water
1
Building Details
Building Size
2,600 SF
Year Built
1972
Buildings
1
Stories
1
Listing Agency:
ReMax Country Real Estate
Listed By:
Steven R Gallafent · License #SP00016902
(208) 232-9100
Source:
Evolvbrokerage
Added: Oct 9
Changed: Oct 28
Last Checked: Oct 28 at 4:39PM
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 ReMax Country Real Estate
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Investment Insights
Based on property information with market context.
The 2,600-square-foot office property includes Suites C and D, with a large reception area, 8 offices, and 4 bathrooms. The building has a full basement and forced-air heating. Brick construction dates to 1972, and paint and carpet refresh work is underway.
Commercial General zoning applies. Parking is available at both the front and rear of the building, and additional space is available. The property is near the courthouse, city office, and university. Past office uses have included medical, chiropractic, and legal practices.
Commercial General zoning applies. Parking is available at both the front and rear of the building, and additional space is available. The property is near the courthouse, city office, and university. Past office uses have included medical, chiropractic, and legal practices.
Key Highlights
- Suites C and D include a large reception area, 8 offices, and 4 bathrooms
- 2,600 square feet with a full basement
- Parking at the front and rear of the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,130
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,600
$422.6K
Cap Rate 7%
$301,857
$301.9K
Cap Rate 9%
$234,778
$234.8K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$32.8K $12.60/SF
− Vacancy
−$4.6K −$1.76/SF
EGI
$28.2K $10.84/SF
− OpEx
−$7.0K −$2.71/SF
NOI
$21.1K $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%
$422,600
Cap Rate 7%
$301,857
Cap Rate 9%
$234,778
Alternative Uses
Best Use
Office B
$301.9K
$264.1K – $352.2K
NOI $21,130 @ 7.0% cap · market cap 754.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$430.8K
$377.0K – $502.6K
NOI $30,158 @ 7.0% cap · market cap 1,077.07%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,356
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 - Suites C and D offer a professional layout with private offices and multiple bathrooms.
Where is this office unit located?
The property is located at 707 N 7th Street Pocatello, ID.
What are key features of this property?
This property features: Suites C and D include a large reception area, 8 offices, and 4 bathrooms; 2,600 square feet with a full basement; Parking at the front and rear of the building
