Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3746 Woodking Dr Idaho Falls, ID 83404
    Back to Search
    Property profile & analytics

    3746 Woodking Dr, Idaho Falls, ID 83404

    View on Map
    • Retail properties & Spaces
    • 2,227 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 3746 Woodking Dr

    Year built
    2024
    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    This exceptional 2,227-square-foot executive office suite is ideally situated at 3746 Woodking Drive in Idaho Falls, Idaho, zip code 83404. Built in 2024, this single-tenant property offers a completely vacant space ready for immediate occupancy. The building's classification encompasses both retail and office uses, making it versatile for a variety of businesses. Located in Bonneville County, this property presents a unique opportunity for businesses seeking a modern and efficient workspace. The entire 2,227 square feet is available for lease, providing ample room for expansion and customization to suit specific operational needs. The property's prime location in Idaho Falls offers excellent accessibility and visibility, contributing to a strong potential for business growth. This newly constructed building represents a chance to establish a presence in a thriving community with a modern, well-maintained facility. The address is conveniently located at 3746 Woodking Dr, Idaho Falls, ID 83404, offering easy access to local amenities and transportation networks. The property is categorized as an executive office suite, suggesting a high level of finish and suitability for professional businesses. Interested parties are encouraged to inquire further to explore the leasing possibilities of this exceptional property.

    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
    -111.987
    Latitude
    43.464

    Comparable in this City

    • Value Estimation by Request
      60,000 SF

      2095 Holmes Ave

      Office Spaces
      2095 Holmes Ave, Idaho Falls, ID 83404
      View Details
    • Value Estimation by Request
      0.50 Acres

      2095 Holmes Ave

      Land
      2095 Holmes Ave, Idaho Falls, ID 83404
      View Details
    • Value Estimation by Request
      2,430 SF

      3742 Woodking Dr

      Office Spaces
      3742 Woodking Dr, Idaho Falls, ID 83404
      View Details
    • Value Estimation by Request
      1,450 SF

      3740 Woodking Dr

      Office Spaces
      3740 Woodking Dr, Idaho Falls, ID 83404
      View Details
    • Value Estimation by Request
      3,880 SF

      3740-42 Woodking Dr

      Office Spaces
      3740-42 Woodking Dr, Idaho Falls, ID 83404
      View Details
    • Value Estimation by Request
      1 SF

      3848 Woodking Dr

      Office Spaces
      3848 Woodking Dr, Idaho Falls, ID 83404
      View Details

    Similar Nearby for Sale

    • $2,000,000
      9,500 SF

      Executive Office Building, Idaho Falls

      Prime location, high cap rate, 9,500 SF.
      1301 17Th St, Idaho Falls, ID 83404
      View Details
    • Contact for pricing

      Clean Office Space Available

      Corner office space located on 17th Street and Hoopes.
      1970 East 17Th St, Idaho Falls, ID 83404
      View Details
    • $470,000
      1,596 SF

      Medical Office in Idaho Falls

      Turn-key medical office condo in prime Idaho Falls location.
      2860 Channing Way, Idaho Falls, ID 83404
      View Details
    • $345,000
      0.51 Acres

      Idaho Falls Commercial Developer Lot

      0.51-acre lot in a rapidly growing Idaho Falls corridor.
      3735 Woodking Dr, Idaho Falls, ID 83404
      View Details
    • $470,000
      Pending

      Medical Office Condo For Sale

      Turn-key medical office condo in Idaho Falls, move-in ready.
      2860 Channing Way, Idaho Falls, ID 83404
      View Details
    • Contact for pricing

      Office Building on 17th Street

      Office building with high-exposure frontage on 17th Street.
      1800 E 17Th St, Idaho Falls, ID 83404
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Coming Soon

      Retail property available for rent in Idaho Falls, ID.
      3196 S 25Th E, Idaho Falls, ID 83404
      View Details
    • Contact for pricing

      Idaho Falls Office Space Available

      Office space for lease with high visibility and access.
      3242 S Woodruff Ave, Idaho Falls, ID 83404
      View Details
    • Contact for pricing
      2,325 SF

      Idaho Falls Office Space Available

      Office space for rent in Idaho Falls with reception area.
      1819 Hoopes Ave, Idaho Falls, ID 83404
      View Details
    • Contact for pricing

      Idaho Falls New Office Project

      New construction office project near hospitals in Idaho Falls.
      2265 East Sunnyside Rd, Idaho Falls, ID 83404
      View Details
    • Contact for pricing
      3,500 SF

      Idaho Falls Flex Space Available

      3,500 SF flex space with office and shop areas.
      665 Anderson St, Idaho Falls, ID 83404
      View Details
    • Contact for pricing

      2225 Teton Plaza, Idaho Falls, ID 83404

      Office buildings
      2225 Teton Plz, Idaho Falls, ID 83404
      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.
    3746 Woodking Dr
    Idaho Falls, ID 83404
    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
    3746 Woodking Dr, Idaho Falls, ID, 83404
    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!