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Office Building with 21 Private Offices

890 Oxford Drive Idaho Falls, ID 83401

New
890 Oxford Drive, Idaho Falls, ID, 83401
$1,200,000
For Sale
$1,200,000

Move-in-ready office building with multiple entrances, reception and waiting area, conference room, and updated roof and HVAC.

Property Size5,390 SF
Price / SF$222.63
Days on Market5

Property Features for 890 Oxford Drive

General Information

Standard status
Active
Size
5,390 SF
Listing agency Keller Williams Realty East Idaho
Listed by Jody Holland · License #ER100056972
Source Exprealty
Added: Jul 18 Updated: Jul 21 at 9:30AM Checked: Jul 21 at 9:30AM

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 Keller Williams Realty East Idaho


Investment Insights

Based on property information with market context.

This well-maintained office building features 21 private offices, a spacious conference room, a reception area with lobby and waiting area, and a copy room. The main level includes four restrooms and two main-level kitchens, with an additional kitchen located in the basement. Five separate building entrances support flexible access for multiple users or operations, and the property includes landscaped grounds and ample on-site parking.

Located at 890 Oxford Drive in Idaho Falls, the building has forced-air natural gas heat and two air conditioning units. Recent updates include a new roof in 2018 and fiber internet.

The property is zoned R3A; buyers are instructed to verify permitted uses with the City of Idaho Falls. The seller describes the floor plan as suitable for professional, medical, educational, nonprofit, or office users. (Buyer to verify all information.)

Key Highlights

  • Move‑in‑ready commercial building with 21 private offices, reception and waiting area, and a spacious conference room
  • 5 separate building entrances for flexible access and multiple‑user or business operations
  • Main level includes 4 restrooms, 2 main‑level kitchens, plus an additional basement kitchen

Local Financial Insights For Healthcare Medical

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 $113.2k $21.00
− Vacancy −$7.4k −$1.37
EGI $105.8k $19.64
− OpEx −$42.3k −$7.85
NOI $63.5k $11.78
5,390 SF · lease $21.00/SF/yr · vacancy 6.50% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$907.1K
$793.8K – $1.06M (±1% cap)
NOI $63,500 @ 7.0% cap · market cap 5.29%
Second Best
Office B
$834.4K
$730.1K – $973.4K (±1% cap)
NOI $58,406 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M (±1% cap)
NOI $83,360 @ 7.0% cap · market cap 6.95%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Intermountain Nursing Service Home Health Care Service Mount Royal Ministry Church Hayes Tax & Accounting ... Tax Preparation

Suggested Use

Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Hotel & Motel HVAC Service Storage Facility Kitchen & Bath Showroom Grocery & Convenience Store

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

FAQs

What type of property is this?
Office building - Move-in-ready office building with multiple entrances, reception and waiting area, conference room, and updated roof and HVAC.
Where is this office building located?
The property is located at 890 Oxford Drive Idaho Falls, ID.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Move‑in‑ready commercial building with 21 private offices, reception and waiting area, and a spacious conference room; 5 separate building entrances for flexible access and multiple‑user or business operations; Main level includes 4 restrooms, 2 main‑level kitchens, plus an additional basement kitchen
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