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    2788 Holmes Ave Idaho Falls, ID 83401

    For Sale
    $1,315,000

    Owner-user flex space, prime location.

    Property size:
    6,868 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional owner-user opportunity in Idaho Falls, Idaho, presents a vacant, 6,868 square foot industrial property ideally suited for redevelopment. Situated on a 0.57-acre lot at 2788 N Holmes Ave, this property offers high visibility and significant traffic counts. The two-building complex provides a flexible layout adaptable to various commercial uses, including retail, showroom, warehouse, office, or a mixed-use configuration. Priced at $1,315,000, this property is priced below replacement cost, representing a compelling investment in a thriving market. The substantial outdoor storage space adds further value. Located in Bonneville County, Idaho Falls (zip code 83401), this property benefits from its proximity to major transportation arteries. The vacant status allows for immediate occupancy and customization to meet specific business needs. This is a rare chance to acquire a prime piece of real estate in a rapidly growing area, offering excellent potential for return on investment. The property's location and flexible design make it an attractive option for businesses seeking a strategic presence in Idaho Falls.

    Property Features for 2788 Holmes Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    6,868 SF
    Lot Size
    24,829 SF

    Building Details

    Buildings
    2
    Units
    2

    HighLights

    • N. Holmes Ave. location, immediately available.
    • Offered significantly below replacement cost.
    • High traffic counts and excellent Holmes Ave. visibility.
    • Versatile floor plan adaptable to retail, showroom, warehouse, office, or mixed‑use needs.
    • Ample outdoor storage space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Advanced Auto Sales ... Used Car Dealer Ricardo Welding Services ... Welder Advanced Auto Sales Car Dealer Advanced Drywall LLC Dry Wall Contractor

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Hotel & Motel Gym & Fitness Nail Salon Clothing Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Idaho Falls
    County
    Bonneville
    State
    Idaho
    Longitude
    -112.02347924434
    Latitude
    43.520972321399

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    FAQs

    What type of property is this?
    Distribution property - Owner-user flex space, prime location.
    Where is this distribution property located?
    The property is located at 2788 Holmes Ave Idaho Falls, ID.
    What is the asking price?
    The asking price for this property is $1,315,000.
    What are key features of this property?
    This property features: N. Holmes Ave. location, immediately available.; Offered significantly below replacement cost.; High traffic counts and excellent Holmes Ave. visibility.
    Request Owner's contact information
    2788 Holmes Ave 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
    2788 Holmes Ave Idaho Falls, ID 83401
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