Occupied Retail
New
For Sale
$1,937,000
Pending
752 E 17th Street, Idaho Falls, ID 83402
Commercial Sale, Idaho Falls, ID
Property Size6,000 SF
Lot Size0.55 Acres
Days on Market2
Property Features for 752 E 17th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
General Zoning: Commercial, Specific Zoning: Idaho Falls-Lc-Limited Commer
Parking features
Parking Lot
Accessibility
Accessible Approach with Ramp
Directions
Located on 17th street at 752 East 17th Street.
Standard status
Pending
APN
RPA2151001004O
Size
6,000 SF
Lot size
0.55 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 4, BLOCK 1, SHOPKO ACRES NW1/4, SEC 29, T 2N, R 38 , SHOPKO ACRES
Tax Annual Amount
11636
Legal Description
LOT 4, BLOCK 1, SHOPKO ACRES NW1/4, SEC 29, T 2N, R 38 , SHOPKO ACRES
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
2005
Building materials
Block, Block
Roof type
Membrane
Listing Agency:
SVN High Desert Commercial
(208) 535-8520
Listed By:
Randy Waters · License #SP31104
(208) 535-8520
Added: Sep 1
Last Checked: Sep 2 at 5:06AM
MLS# 2187522
Copyright © 2026 Snake River Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail property contains 6,000 square feet in a building completed in 2005. The structure uses block construction and includes central air conditioning, electric and natural gas heating, and a membrane roof. A parking lot serves the building, while an accessible approach with ramp supports property access.
The 0.552-acre site is located at 752 E 17th Street in Idaho Falls, Idaho. The property carries Light Commercial zoning and is connected to public water and public sewer. Occupancy is reported at 100%, providing an existing occupied retail configuration.
The 0.552-acre site is located at 752 E 17th Street in Idaho Falls, Idaho. The property carries Light Commercial zoning and is connected to public water and public sewer. Occupancy is reported at 100%, providing an existing occupied retail configuration.
Key Highlights
- 6,000‑square‑foot retail building completed in 2005
- 100% occupancy
- Light Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$54,442
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,088,840
$1.1M
Cap Rate 7%
$777,743
$777.7K
Cap Rate 9%
$604,911
$604.9K
Market Conditions
NOI Build-Up for 6,000 SF
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.
Gross rent
$79.2K $13.20/SF
− Vacancy
−$1.4K −$0.24/SF
EGI
$77.8K $12.96/SF
− OpEx
−$23.3K −$3.89/SF
NOI
$54.4K $9.07/SF
Area
Bonneville County, ID
Vacancy
1.80%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,088,840
Cap Rate 7%
$777,743
Cap Rate 9%
$604,911
Alternative Uses
Best Use
Retail
$777.7K
$680.5K – $907.4K
NOI $54,442 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $92,794 @ 7.0% cap · market cap 4.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
452
Businesses Nearby
450k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 24%
Dining 24%
Superstores 20%
Shops & Services 17%
Sam's Club
Superstores
89,488 visits/mo
0.2 miles
The Home Depot
Home Improvements & Furnishings
54,108 visits/mo
0.3 miles
Albertsons
Groceries
38,137 visits/mo
0.2 miles
Lowe's
Home Improvements & Furnishings
34,307 visits/mo
0.2 miles
McDonald's
Dining
32,896 visits/mo
0.2 miles
Demographics for 83402, ID
28,452
Population
11,983
Households
2.4
Avg Household Size
34
Median Age
31%
College-Educated
92%
High-School Grad
171.0 sq mi
ZIP Area
166
Density / Sq Mi
$72,064
Median Household Income
$35,593
Median Earnings
$904
Median Rent
$301,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Light Commercial-zoned retail property with full occupancy, on-site parking, and public water and sewer service.
Where is this retail space located?
The property is located at 752 E 17th Street Idaho Falls, ID.
What is the asking price?
The asking price for this property is $1,937,000.
What are key features of this property?
This property features: 6,000‑square‑foot retail building completed in 2005; 100% occupancy; Light Commercial zoning
