1523 Yellowstone AvePocatello, ID 83201

  • Office properties
  • 0.80 AC
For Sale

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
1523 Yellowstone Ave, Pocatello, Idaho
Leaflet | © OpenStreetMap contributors

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,541
$448,057
$646,112
$1,094,169
-
$448,057
$646,112
$1,094,169

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at support@realmo.com and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.