1523 Yellowstone AvePocatello, ID 83201
- Office properties
- 0.80 AC
Property Details for 1523 Yellowstone Ave
- Year built
- 1952
- Lot size
- 0.80 AC
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- RPCPP014201
- APU
- RPCPP014201
Description
This single-story, 7,343 square foot retail building is located at 1523 Yellowstone Ave in Pocatello, Idaho, within Bannock County, zip code 83201. The property sits on a 0.804-acre lot and is zoned CG, offering versatility for various commercial uses. Currently configured as a multi-use building suitable for office, retail, or shop spaces, it presents a compelling investment opportunity with a 6.00% cap rate. The building benefits from excellent visibility and ample parking, ensuring high accessibility for both customers and employees. Its prime location in a high-traffic area guarantees significant foot and vehicle traffic, maximizing exposure for any business operating within. The Net Lease (NNN) structure minimizes landlord responsibilities, making it an attractive option for investors seeking a low-maintenance, high-return investment. This property is ideal for an owner-user seeking to establish their business while generating additional rental income from the remaining space. The easy access and convenient location make this a truly exceptional opportunity in the Pocatello market.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $7,462,004
- 6.5%
- $6,888,004
- 7%
- $6,396,004
-
Comparable approach
- Method
- Valuation
- Relative Method
- $7,293,871
- Geo Method
- $7,293,871
-
Alternative Use
- Use
- Valuation
- Residential
- $8,541,124
- Hospitality
- $7,823,624
- Educational
- $6,509,164
- Medical
- $6,733,024
- Retail
- $10,125,365








Location Insight
- City
- Pocatello
- County
- Bannock
- State
- Idaho
- Latitude
- 42.9027
- Longitude
- -112.452
- CBSA code
- 38540
- CBSA name
- POCATELLO, ID METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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