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    Property profile & analytics

    1716 Ammon Rd Idaho Falls, ID 83401-1823

    • Grocery and convenience stores
    • 2,994 SF
    • 0.47 lot acres
    OFF-MARKET
    Value Estimations
    $330,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US27-0000663
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Exxon / Gas Station

    Property Details for 1716 Ammon Rd

    Year built
    1979
    Lot size
    0.47 lot acres
    Property size
    2,994 SF
    Property type
    Grocery and convenience stores
    APN
    RPO4280011004B
    APU
    RPO4280011004B

    Description

    This exceptional investment opportunity encompasses a portfolio of four properties in the thriving Idaho Falls and Ammon areas. The portfolio includes two well-established convenience stores with gas stations, boasting a combined total of 14 gas pumps. One location, situated at the busy intersection of Ammon and Lincoln Roads, benefits from a rapidly developing commercial area, including a new business park with national tenants. This store underwent a complete remodel in 2020, including new pumps, roof, awning, tile, cabinets, and counters, and passed all necessary line and cathodic protection tests in 2022. The second convenience store and gas station is located on a busy highway, serving travelers between Jackson, WY and Idaho Falls, ID. This location has seen year-over-year sales increases since its last remodel in 2018, which included new tile, cabinets, counters, awning, roof, and rooftop unit. It also passed all line and tank tests in 2022. Adding to the investment potential, two single-family homes are also included in the sale. One, located at 1792 N Ammon Rd, is a 3-bedroom, 2-bathroom home on a 0.32-acre lot. The other, at 3553 E Lincoln Rd, is a 2-bedroom, 1-bathroom home on a 0.48-acre lot, recently renovated in 2024. These homes offer potential for expansion or additional rental income. The asking price for the entire portfolio is $2,200,000. The buildings were constructed in 1920, 1936, 1952, and 1979.

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Idaho Falls
    County
    Bonneville
    State
    Idaho
    Longitude
    -111.964
    Latitude
    43.5116
    CBSA code
    26820
    CBSA name
    IDAHO FALLS, 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
    2024
    $3,005
    $101,700
    $247,388
    $349,088
    -
    $101,700
    $247,388
    $349,088

    Comparable in this City

    • Value Estimation
      $380,000
      3,306 SF

      4580 Yellowstone Hwy

      CONVENIENCE STORE • 3,306 SF
      4580 Yellowstone Hwy, Idaho Falls, ID 83401-1767
      View Details
    • Value Estimation by Request
      3,024 SF

      3727 Yellowstone Hwy

      CONVENIENCE STORE • 3,024 SF
      3727 Yellowstone Hwy, Idaho Falls, ID 83401-1762
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    • Value Estimation
      $400,000
      7,235 SF

      424 1st St

      GROCERY, SUPERMARKET • 7,235 SF
      424 1st St, Idaho Falls, ID 83401-3964
      View Details
    • Value Estimation
      $435,000
      4,492 SF

      1690 Woodruff Ave

      CONVENIENCE STORE • 4,492 SF
      1690 Woodruff Ave, Idaho Falls, ID 83401-2218
      View Details
    • Value Estimation by Request
      3,189 SF

      3607 Yellowstone Hwy

      CONVENIENCE STORE • 3,189 SF
      3607 Yellowstone Hwy, Idaho Falls, ID 83401-1762
      View Details
    • Value Estimation by Request
      3,041 SF

      496 1st St

      CONVENIENCE STORE • 3,041 SF
      496 1st St, Idaho Falls, ID 83401-3964
      View Details

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      Thriving Billiards Bar Opportunity

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    Similar Nearby for Lease

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      Riviera Park Retail Center

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      Retail Space For Lease

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      Idaho Falls Retail Space Available

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      View Details
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    1716 Ammon Rd
    Idaho Falls, ID 83401-1823
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    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.

    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
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