1525 Addison AveTwin Falls, ID 83301

  • Office properties
  • 17,910 SF
For Lease
$5,400/SF/YR View listing

Property Details for 1525 Addison Ave

Year built
1953
Lot size
1.06 AC
Property size (Sq ft)
17,910 SF
Property type
Office properties
Property subtype
Other office properties
APN
RPT138100100AE
APU
RPT138100100AE

Description

This exceptional Twin Falls office property, located at 1525 Addison Ave E, offers a total of 17,652 square feet across four suites. Currently, 1,030 square feet are immediately available, with two spaces ranging from 145 to 700 square feet. The single-story building sits on a 1.01-acre lot in Twin Falls County (APN: RPT138100100AEA) and is ideally situated at a high-visibility intersection, benefiting from excellent exposure. The property's strategic location is surrounded by a mix of commercial and residential properties, ensuring a steady flow of potential clients and employees. This creative and traditional office space is perfect for businesses seeking a convenient and well-connected location. The asking rates are inclusive of all utilities and high-speed Wi-Fi, minimizing operational costs. Pylon signage is available, providing an additional opportunity to enhance brand visibility and attract new customers. This is a rare opportunity to secure prime office space in a thriving Twin Falls location. The property is ready for immediate occupancy.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,291,146
    6.5%
    $3,037,981
    7%
    $2,820,983
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,818,591
    Geo Method
    $3,818,591
  • Alternative Use

    Use
    Valuation
    Residential
    $3,767,097
    Hospitality
    $3,450,640
    Educational
    $2,870,892
    Medical
    $2,969,627
    Retail
    $4,465,832
1525 Addison Ave, Twin Falls, Idaho
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Location Insight

City
Twin Falls
County
Twin Falls
State
Idaho
Latitude
42.5636
Longitude
-114.455
CBSA code
46300
CBSA name
TWIN FALLS, ID MICROPOLITAN 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
$11,932
$380,800
$760,164
$1,140,964
-
$380,800
$760,164
$1,140,964

FAQs

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