Restaurant Building with
For Sale
$499,900
961 Hiline, Pocatello, ID 83201
COMMERCIAL/INDUSTRIAL, Pocatello, ID
Property Size4,800 SF
Lot Size0.60 Acres
Price / SF$104.15
Days on Market118
Property Features for 961 Hiline
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial General
Lot features
High Visibility, High Traffic, Near Mall/ Shopping, Near Public Bus Stop
Subdivision
North Pocatello
Standard status
Active
APN
See private remarks
Lot size
0.60 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Attached as Exhibit A
Tax Annual Amount
3645
Legal Description
Attached as Exhibit A
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Building materials
Frame
Listing Agency:
Premier Properties Real Estate Co.
(208) 232-5025
Listed By:
Michael Wheelock · License #SP00023523
(208) 220-1911
Added: Jun 22
Changed: Oct 8
Last Checked: Oct 17 at 12:06AM
MLS# 582877
Copyright © 2026 Greater Pocatello Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This conventional restaurant property occupies 0.60 acres of flat, usable ground and includes approximately 4,000 square feet on the main level plus an approximate 800-square-foot loft. The building is framed construction with forced-air heating and public water service. Its current restaurant configuration supports continued food-service use, while the property is also identified as suitable for office, retail, or service operations. Commercial General zoning supports the broader commercial profile of the site.
Access is a key property feature, with on- and off-ramps serving I-15 located within 0.25 mile. The location provides access to Pocatello and Chubbuck, and the site combines a freestanding commercial building with additional usable ground for operational flexibility.
Access is a key property feature, with on- and off-ramps serving I-15 located within 0.25 mile. The location provides access to Pocatello and Chubbuck, and the site combines a freestanding commercial building with additional usable ground for operational flexibility.
Key Highlights
- Conventional restaurant building on 0.60 acres of flat, usable ground
- Approximately 4,000 square feet on the main level
- Approximate 800‑square‑foot loft area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,356
Cap Rate
8.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$847,120
$847.1K
Cap Rate 7%
$605,086
$605.1K
Cap Rate 9%
$470,622
$470.6K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$63.4K $13.20/SF
− Vacancy
−$2.9K −$0.59/SF
EGI
$60.5K $12.61/SF
− OpEx
−$18.2K −$3.78/SF
NOI
$42.4K $8.82/SF
Area
Bannock County, ID
Vacancy
4.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$847,120
Cap Rate 7%
$605,086
Cap Rate 9%
$470,622
Alternative Uses
Best Use
Specialty Retail
$659.8K
$577.4K – $769.8K
NOI $46,189 @ 7.0% cap · market cap 9.24%
Second Best
Retail
$605.1K
$529.5K – $705.9K
NOI $42,356 @ 7.0% cap · market cap 8.47%
Theoretical Best
Office A
$795.4K
$696.0K – $927.9K
NOI $55,676 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
993
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 83201, ID
38,921
Population
15,885
Households
2.5
Avg Household Size
33
Median Age
34%
College-Educated
94%
High-School Grad
34.2 sq mi
ZIP Area
1,138
Density / Sq Mi
$63,209
Median Household Income
$34,118
Median Earnings
$905
Median Rent
$256,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property with adaptable space for office, retail, or service uses and convenient interstate access.
Where is this conventional restaurant located?
The property is located at 961 Hiline Pocatello, ID.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Conventional restaurant building on 0.60 acres of flat, usable ground; Approximately 4,000 square feet on the main level; Approximate 800‑square‑foot loft area
