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    1301 17Th St Idaho Falls, ID 83404

    Sponsored
    For Sale
    $2,000,000

    Prime location, high cap rate, 9,500 SF.

    Property size:
    9,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional executive office building, located at 1301 17th Street in Idaho Falls, Idaho, presents a compelling investment opportunity. The 9,500 square foot building, constructed in 1986 and situated in a Commercial/Idaho Falls-PB-profess Busines zoned area, boasts a recently remodeled interior. Currently, the property is 95% leased to a single healthcare organization under a five-year lease generating $162,000 annually. A secondary tenant occupies a smaller space on a month-to-month basis, contributing an additional $1,500 per month in rental income. The asking price is $2,000,000, translating to a price per square foot of $210.53 and a cap rate of 6.5%. The building features a 3,150 square foot below-grade area. This property offers a stable investment with significant upside potential, particularly given the possibility of owner-occupancy in the currently month-to-month leased executive suite. The prime location on 17th Street in Idaho Falls ensures high visibility and accessibility. An adjacent property may also be available for purchase.

    Property Features for 1301 17Th St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    9,500 SF

    Building Details

    Year Built
    1986

    HighLights

    • Below‑Grade Square Footage: 3,150 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    The Counseling Clinic of Youth ... Family Counselor America Health Cognition ... Mental Health Service Leslie Barton Psychologist Rachel Peay-Goodman Nurse Practitioner Myers Insurance Services Insurance Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Idaho Falls
    County
    Bonneville
    State
    Idaho
    Longitude
    -112.0081907
    Latitude
    43.4827885

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    FAQs

    What type of property is this?
    Office Property / Space - Prime location, high cap rate, 9,500 SF.
    Where is this office property / space located?
    The property is located at 1301 17Th St Idaho Falls, ID.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: Below-Grade Square Footage: 3,150 SF; ;
    Request Owner's contact information
    1301 17Th St Idaho Falls, ID 83404
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    Idaho Falls, ID 83404
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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
    1301 17Th St Idaho Falls, ID 83404
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