Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    L22&23B5 Achilles Ave Idaho Falls, ID 83401

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    L22&23B5 Achilles Ave Idaho Falls, ID 83401

    View on Map
    • Land
    • 0.38 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 L22&23B5 Achilles Ave

    Lot size
    0.38 lot acres
    Property type
    Land

    Description

    This exceptional 0.378-acre commercial land parcel presents a unique investment opportunity in Idaho Falls, Idaho. Located at L22&23B5 Achilles Ave, 83401, this property is situated on the west side of town, offering convenient proximity to the Sage Lakes Golf Course. The location provides a blend of serene living and easy access to recreational amenities. The lot is designated for commercial use and is ideal for a variety of development projects. Detailed site plans and zoning information are available upon request. The property is subject to Covenants, Conditions, and Restrictions (CCRs), ensuring a well-maintained and harmonious neighborhood. This prime location offers significant potential for future growth and development, making it an attractive investment for discerning buyers. The asking price is $170,000. Don't miss this chance to acquire a valuable piece of commercial real estate in a desirable Idaho Falls location. Contact us today to schedule a viewing and explore the possibilities. Latitude and longitude coordinates are 43.5528659, -112.0285903 respectively. Bonneville County records confirm the address and lot size.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Idaho Falls
    County
    Bonneville
    State
    Idaho
    Longitude
    -112.029
    Latitude
    43.5529

    Comparable in this City

    • Value Estimation by Request
      156.68 Acres

      985 49Th

      Land • 156.68 Acres
      985 49Th, Idaho Falls, ID 83401
      View Details
    • Value Estimation by Request
      36.00 Acres

      3300 Boulevard

      Land • 36.00 Acres
      3300 Boulevard, Idaho Falls, ID 83401
      View Details
    • Value Estimation by Request
      18.10 Acres

      935 33Rd

      Land • 18.10 Acres
      935 33Rd, Idaho Falls, ID 83401
      View Details
    • Value Estimation by Request
      2.39 Acres

      Haroldsen Dr

      Land • 2.39 Acres
      0 Haroldsen Dr, Idaho Falls, ID 83401
      View Details
    • Value Estimation by Request
      0.38 Acres

      L15&16B4 Ender Ln

      Multifamily properties • 0.38 Acres
      0 L15&16B4 Ender Ln, Idaho Falls, ID 83401
      View Details
    • Value Estimation by Request
      0.43 Acres

      L50&51B5 Brad Cir

      Multifamily properties • 0.43 Acres
      0 L50&51B5 Brad Cir, Idaho Falls, ID 83401
      View Details

    Similar Nearby for Sale

    • $2,750,000
      14.65 Acres

      Sage Lakes Townhome Land

      Idaho Falls development opportunity. 14 acres, R-2 zoning.
      0 65Th, Idaho Falls, ID 83401
      View Details
    • $93,900
      0.83 Acres

      Idaho Falls Land with Views

      Land with sunset, valley, and mountain views near amenities.
      5860 N Enos Dr, Idaho Falls, ID 83401
      View Details
    • $1,790,000

      2.12 Acres of Land

      2.12 acres of land available for sale.
      1908 E Lincoln Rd, Idaho Falls, ID 83401
      View Details
    • Contact for pricing

      Development Land Near Highway 20

      15.07 acres of prime development property.
      3000 N Wright Rd, Idaho Falls, ID 83401
      View Details
    • $1,150,000
      4.50 Acres

      Idaho Falls Commercial Land Available

      4.5 acre commercial land for sale in Idaho Falls.
      888 S Yellowstone Hwy, Idaho Falls, ID 83401
      View Details
    • $93,900
      0.80 Acres

      Idaho Falls Land with Views

      Land with sunset, valley, and mountain views near amenities.
      5900 N Enos Dr, Idaho Falls, ID 83401
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Versatile Retail, Office, Showroom Space

      Prime leasing opportunity with high visibility near Winco and Walgreens.
      200-260 S Woodruff Ave, Idaho Falls, ID 83401
      View Details
    • Contact for pricing

      Bonneville County Land Expansion Opportunity

      Approximately 3 acres available for county services expansion.
      3710 E Lincoln Rd, Idaho Falls, ID 83401
      View Details
    • Contact for pricing

      Prime Pad Site Opportunity

      1.55-acre pad site at major Highway 26 intersection.
      725 E Anderson St, Idaho Falls, ID 83401
      View Details
    • Contact for pricing

      Commercial Land For Lease

      Ground lease and build-to-suit opportunities in high-growth area.
      2450 E Lincoln Rd, Idaho Falls, ID 83401
      View Details
    • Contact for pricing

      Idaho Falls Commercial Lot

      High traffic lot with build-to-suit option available.
      355 May St, Idaho Falls, ID 83401
      View Details
    • Contact for pricing
      5,628 SF

      COMMERCIAL - Idaho Falls, ID

      Office space for lease in high-traffic Idaho Falls location.
      501 S Woodruff Ave, Idaho Falls, ID 83401
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    L22&23B5 Achilles Ave
    Idaho Falls, ID 83401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    L22&23B5 Achilles Ave, Idaho Falls, ID, 83401

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!