Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Historic Office Building in Pocatello Title is generated by Realmo AI

    845 W Center, Pocatello, ID 83702

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $250 SF/Yr $729,875/Mo (calc)

    Historic office building with small suites available in Pocatello.

    Type:Office
    Property size:
    35,034 SF
    Added:
    Nov 21, 2025
    Days on Market:
    182
    Last Refresh:
    Apr 6 at 1:05 am

    Property Features for 845 W Center

    General Information

    Standard status
    Active
    Size
    35,034 SF
    Property subtype
    Office

    Spaces For Lease

    at 845 W Center Contact us

    We can help!

    Listing Contact
    Nick Terry

    Listing agent Nick Terry

    Listing office

    Listing date Nov 21, 2025

    Source Tokcommercial

    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 Nick Terry

    HighLights

    • Prime central location in Pocatello, ID with convenient access to downtown amenities.
    • Versatile office suites available in variable sizes to fit tenant needs.
    • Historic office building with unique, captivating charm.
    • Abundant on‑site, shared tenant parking.
    • Walking distance to prime downtown restaurants, shops, and services.
    • Opportunity to establish a business presence in a vibrant city.

    Overview

    The historic office building at 845 W Center in Pocatello, ID, offers versatile office spaces for lease. The property provides an opportunity to establish a business presence in the city. Its central location provides access to downtown amenities, including restaurants, shops, and services. The building features on-site, shared tenant parking. The property contains 35,034 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Condon Kathleen M Physician Sierra Manuel A MD Physician EXCEL Weight Loss ... Weight Loss Service EXCEL Weight Loss ... Weight Loss Service Lowe Law Group Law Firm

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pocatello
    County
    Bingham
    State
    Idaho
    Longitude
    -112.456
    Latitude
    42.8584

    Nearby Similar for Lease

    • $4,000/Mo
      3,730 SF

      Pocatello Commercial Space For Lease

      3,700 SF commercial space suitable for professional or retail use.
      675 YELLOWSTONE SUITE E, Pocatello, ID 83201
      View Details
    • $2,250/Mo
      1,500 SF

      Pocatello Retail/Office Space Available

      Versatile 1,500 sq ft space on Yellowstone Ave, Pocatello.
      1023 Yellowstone Ave, Pocatello, ID 83201
      View Details
    • $6 SF/Yr
      8,500 SF

      Pocatello Warehouse with Renovated Offices

      Spacious warehouse with renovated offices and convenient highway access.
      1919 N Harrison Avenue, Pocatello, ID 83204
      View Details
    • $2,750/Mo
      4,258 SF

      Spacious Office Unit For Lease

      Large office space with utilities included in Pocatello, Idaho.
      611 Wilson Ave, Pocatello, ID 83201
      View Details
    • $1,660/Mo
      2,718 SF

      Pocatello Retail Space For Lease

      Retail space available for lease in Pocatello, Idaho.
      164 Jefferson, Pocatello, ID 83201
      View Details
    • $1,300/Mo
      1,100 SF

      Pocatello Office Space For Lease

      Move-in ready office space with parking in central Pocatello.
      812 E Clark Suite A, Pocatello, ID 83201
      View Details
    • $6 SF/Yr
      9,000 SF

      Pocatello Warehouse with Gated Yard

      Spacious warehouse with overhead doors and gated yard.
      1919 N Harrison Avenue, Pocatello, ID 83204
      View Details
    • $10 SF/Yr
      8,500 SF

      Pocatello Office Space For Lease

      8500 sq ft of vacant office space available for lease.
      151 3rd Ave, Pocatello, ID 83204
      View Details
    • $16 SF/Yr
      1,880 SF

      Pocatello Office Space Available

      Main floor office space with conference room and break area.
      151 3rd Ave Suite 103, Pocatello, ID 83204
      View Details
    • $2,750/Mo
      3,040 SF

      Versatile Commercial Space in Pocatello

      Functional flex space with office and warehouse areas for lease.
      322 Griffith (warehouse only), Pocatello, ID 83201
      View Details
    • $16 SF/Yr
      1,900 SF

      Pocatello Office Space for Lease

      Main level office space with recent updates and ample parking.
      151 3rd Ave Suite 100, Pocatello, ID 83204
      View Details
    • $1,550/Mo
      2,175 SF

      Downtown Pocatello Office Space Available

      Office space with flexibility in downtown Pocatello, Idaho.
      848 S 1st Street, Pocatello, ID 83201
      View Details

    FAQs

    What type of property is this?
    Office building - Historic office building with small suites available in Pocatello.
    Where is this office building located?
    The property is located at 845 W Center Pocatello, ID.
    What is the lease rate?
    The lease rate is $250 SF/Yr.
    What are key features of this property?
    This property features: Prime central location in Pocatello, ID with convenient access to downtown amenities.; Versatile office suites available in variable sizes to fit tenant needs.; Historic office building with unique, captivating charm.
    (208) 357-4678
    We can help!
    Listing Contact
    Nick Terry
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    845 W Center, Pocatello, ID 83702
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!