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    355 May St Idaho Falls, ID 83401

    Sponsored
    For Lease
    Contact for pricing

    Prime Office Space, 41,569 SF

    Lot size:
    41,569 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional single-tenant office building, located at 355 May Street in Idaho Falls, Idaho, offers 41,569 square feet of versatile space. Situated in Bonneville County, zip code 83401, this traditional office property presents a unique opportunity for businesses seeking a substantial and established presence. The property's strategic location boasts a high average daily traffic count, making it highly visible and accessible. The building is currently configured as a single-tenant occupancy, providing ample space for a large organization or the potential for subdivision to accommodate multiple tenants. The "built-to-suit" option allows for significant customization to meet specific business needs, offering flexibility in design and layout. This presents a rare chance to secure a prominent location in a thriving Idaho Falls market. The property's size and location make it ideal for a variety of businesses, from corporate headquarters to large-scale professional practices. With its high visibility and adaptable space, this office building represents a strong investment opportunity in a growing community. Further details regarding the property's specifications and potential build-out options are available upon request. This is a prime opportunity to establish a significant presence in a desirable Idaho Falls location. The property is conveniently located at 43.5016034 latitude and -112.027708 longitude.

    Property Features for 355 May St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    41,569 SF

    Unit(s) available at that property

    Space
    Size
    41,569 SF

    HighLights

    • 41,569 SF single‑tenant office building available for lease in Idaho Falls, ID.
    • High average daily traffic (ADT) exceeding 13,000 vehicles.
    • Built‑to‑suit option available for tenant customization.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Idaho Falls
    County
    Bonneville
    State
    Idaho
    Longitude
    -112.027708
    Latitude
    43.5016034

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space, 41,569 SF
    Where is this office property / space located?
    The property is located at 355 May St Idaho Falls, ID.
    What are key features of this property?
    This property features: 41,569 SF single-tenant office building available for lease in Idaho Falls, ID.; High average daily traffic (ADT) exceeding 13,000 vehicles.; Built-to-suit option available for tenant customization.
    Request Owner's contact information
    355 May St Idaho Falls, ID 83401
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    Idaho Falls, ID 83401
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    Realmo Value Estimation

    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.

    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.

    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
    355 May St Idaho Falls, ID 83401
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