Building Details

Year Built 2005

Buildings 1

Listing Agency: SVN High Desert Commercial p***@patrickmalone.net

Listed By: Randy Waters · License #SP31104 Show Phone

Source: Exprealty

Added: Jul 3 Changed: Oct 10 Last Checked: Oct 24 at 6:43PM

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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 SVN High Desert Commercial

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Investment Insights

Based on property information with market context.

This storefront property comprises a 6,000-square-foot commercial building constructed in 2005. The building carries Light Commercial zoning and is reported at 100% occupancy, supporting its current retail-oriented configuration.

Located at 752 E 17th St in Idaho Falls, the property offers an established commercial setting for storefront use. Its existing occupancy and retail classification provide a straightforward profile for buyers evaluating an operating commercial asset.

Key Highlights

• 6, 000 square feet of commercial building area
• Constructed in 2005
• 100% occupancy

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$54,442

Cap Rate

2.81%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,088,840 $1.1M

Cap Rate 7%

$777,743 $777.7K

Cap Rate 9%

$604,911 $604.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 6,000 SF

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 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 (±1% cap)

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 (±1% cap)

NOI $92,794 @ 7.0% cap · market cap 4.79%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Thai Kitchen Restaurant

Suggested Use

Top Pick Restaurant Auto Repair Shop Building Supply Auto Parts Store Big Box & Wholesale Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

452

Businesses Nearby

450k

Monthly Visits Nearby

Under-served

Demand for This Use

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 83404, ID

25,491

Population

9,606

Households

2.7

Avg Household Size

37

Median Age

35%

College-Educated

92%

High-School Grad

25.0 sq mi

ZIP Area

1,020

Density / Sq Mi

$79,211

Median Household Income

$36,802

Median Earnings

$1,013

Median Rent

$355,200

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

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Similar Off Market Nearby

• Sam's Club Floral — 700 E 17th St, Idaho Falls, ID 83404
• Albertsons Floral — 590 E 17th St, Idaho Falls, ID 83404
• Staker Floral — 1695 Ponderosa Dr., Idaho Falls, ID 83404

Frequently Asked Questions

What type of property is this?

Storefront property - Fully occupied storefront building with Light Commercial zoning in Idaho Falls.

Where is this storefront property located?

The property is located at 752 E 17th St 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 feet of commercial building area; Constructed in 2005; 100% occupancy