Five-Entrance Office
New
For Sale
$1,175,000
890 Oxford Drive, Idaho Falls, ID 83401
Commercial Sale, Idaho Falls, ID
Property Size7,552 SF
Lot Size0.57 Acres
Price / SF$155.59
Days on Market1
Property Features for 890 Oxford Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
General Zoning: If Residence 3 A, Specific Zoning: Idaho Falls-R3a-Res Mixed Use
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 5, Bathroom 4, Bathroom 1, Bathroom 3, Basement, Bathroom 2
Parking
20
Parking features
Off Street, Parking Lot, On Street
Basement
Finished, Partial
Accessibility
Accessible Approach with Ramp
Subdivision
Linden Park-Bon
Lot features
Near Mall/ Shop, Near Schools, Concrete Curbing, Established Lawn, Many Trees, Corner Lot
Directions
From 17th and Woodruff, head north on Woodruff, turn left on 9th ST, property is on the corner of Oxford and 9th.
Standard status
Active
APN
RPA1422006001A
Size
7,552 SF
Lot size
0.57 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
See Exhibit A
Tax Annual Amount
6619
Legal Description
See Exhibit A
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Amenities
private offices
conference room
copy room
reception area
lobby
waiting area
hand-painted foyer
five separate building entrances
fiber internet
forced-air natural gas heat
air conditioning
landscaped grounds
kitchen
restrooms
Building Details
Year built
1959
Building materials
Brick
Listing Agency:
Keller Williams Realty East Idaho
(208) 529-8888
Listed By:
Jody Holland · License #SP43345
(208) 716-9382
Added: Sep 8
Last Checked: Sep 8 at 9:06PM
MLS# 2187864
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 7,552-square-foot brick office building provides a substantial professional layout with 21 private offices, a conference room, reception and lobby areas, a copy room, and four main-level restrooms. Two kitchens are located on the main level, with an additional kitchen in the basement. Five separate entrances support access across the building, while an accessible approach with ramp serves the property. The foyer features hand-painted finishes.
Building systems include a 2018 roof, fiber internet, forced-air natural gas heat, and two air conditioning units. Parking is available through off-street spaces, a parking lot, and on-street parking. The property is served by public water and public sewer and is zoned R3A. The existing configuration has been described for professional, medical, educational, nonprofit, and office uses, subject to verification with the City of Idaho Falls.
Building systems include a 2018 roof, fiber internet, forced-air natural gas heat, and two air conditioning units. Parking is available through off-street spaces, a parking lot, and on-street parking. The property is served by public water and public sewer and is zoned R3A. The existing configuration has been described for professional, medical, educational, nonprofit, and office uses, subject to verification with the City of Idaho Falls.
Key Highlights
- 7,552‑square‑foot office building with 21 private offices
- Five separate building entrances support flexible access
- Two main‑level kitchens plus an additional basement kitchen
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
$81,833
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
6.96%
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%
$1,636,660
$1.6M
Cap Rate 7%
$1,169,043
$1.2M
Cap Rate 9%
$909,256
$909.3K
Market Conditions
NOI Build-Up for 7,552 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
$126.9K $16.80/SF
− Vacancy
−$17.8K −$2.35/SF
EGI
$109.1K $14.45/SF
− OpEx
−$27.3K −$3.61/SF
NOI
$81.8K $10.84/SF
Area
Bonneville County, ID
Vacancy
14.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
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%
$1,636,660
Cap Rate 7%
$1,169,043
Cap Rate 9%
$909,256
Alternative Uses
Best Use
Office B
$1.17M
$1.02M – $1.36M
NOI $81,833 @ 7.0% cap · market cap 6.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $116,796 @ 7.0% cap · market cap 9.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
839
Businesses Nearby
Explore this area
Business Placement
Demographics for 83401, ID
47,114
Population
16,026
Households
2.9
Avg Household Size
31
Median Age
30%
College-Educated
90%
High-School Grad
197.3 sq mi
ZIP Area
239
Density / Sq Mi
$75,870
Median Household Income
$35,293
Median Earnings
$1,132
Median Rent
$307,700
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Brick professional building with flexible interior amenities, on-site parking, and public utilities.
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 $1,175,000.
What are key features of this property?
This property features: 7,552‑square‑foot office building with 21 private offices; Five separate building entrances support flexible access; Two main‑level kitchens plus an additional basement kitchen
