Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    129 2nd Ave Pocatello, ID 83201-6349
    Back to Search

    Meet Realmo: The Largest Hub of Commercial Real Estate in the US

    Over 1 million active listings and over 150 million property profiles

    Property profile & analytics

    129 2nd Ave Pocatello, ID 83201-6349

    View on Map
    • Retail space
    • 0.19 lot acres
    Off-Market
    Property ID
    US27-0373307
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • L & K Carpet One Floor & Home / General Contractor / Renovation Specialist
    • Shop Carpet & Flooring at L & K Carpet One Floor & Home | Pocatello, ID / Home Decor Store / Department Store

    Property Details for 129 2nd Ave

    Year built
    1950
    Lot size
    0.19 lot acres
    Property type
    Retail space
    APN
    RPPOC243400
    APU
    RPPOC243400

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pocatello
    County
    Bannock
    State
    Idaho
    Longitude
    -112.447
    Latitude
    42.8648
    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
    $6,411
    $33,600
    $448,215
    $481,815
    -
    $33,600
    $448,215
    $481,815

    Comparable in this City

    • Value Estimation by Request
      1.26 Acres

      1570 Yellowstone Ave

      RETAIL STORES (PERSONAL SERVICES) • 1.26 Acres
      1570 Yellowstone Ave, Pocatello, ID 83201-4992
      View Details
    • Value Estimation by Request
      0.10 Acres

      146 2nd Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.10 Acres
      146 2nd Ave, Pocatello, ID 83201-6302
      View Details
    • Value Estimation
      $815,000
      1.19 Acres

      2215 Garrett Way

      RETAIL STORES (PERSONAL SERVICES) • 1.19 Acres
      2215 Garrett Way, Pocatello, ID 83201-6123
      View Details
    • Value Estimation by Request
      0.15 Acres

      191 Jefferson Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.15 Acres
      191 Jefferson Ave, Pocatello, ID 83201-3921
      View Details
    • Value Estimation by Request
      0.60 Acres

      202 5th Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.60 Acres
      202 5th Ave, Pocatello, ID 83201-4980
      View Details
    • Value Estimation by Request
      0.19 Acres

      324 5th Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.19 Acres
      324 5th Ave, Pocatello, ID 83201-5803
      View Details

    Similar Nearby for Sale

    • $270,000
      3,186 SF

      Pocatello Retail/Office Space Available

      Retail or office space in Pocatello, Idaho.
      396 Yellowstone Ave, Pocatello, ID 83201
      View Details
    • $714,900
      13,822 SF

      Iconic Pocatello Bar and Restaurant

      Turn-key bar and restaurant with investment opportunities.
      251 Center St E, Pocatello, ID 83201
      View Details
    • $995,000
      2,470 SF

      Pocatello Commercial Building on Yellowstone

      2,470 SF commercial building on Yellowstone Avenue in Pocatello.
      1138 Yellowstone Ave, Pocatello, ID 83201
      View Details
    • $750,000
      3,440 SF

      Versatile Building in University Area

      Excellent condition, high visibility, suitable for office, medical, or retail.
      1541 E Clark St, Pocatello, ID 83201
      View Details
    • $389,000
      0.27 Acres

      Pocatello Commercial Property with Apartment

      Mixed-use property with rental income potential in Pocatello, Idaho.
      2820 N Pole Line Rd, Pocatello, ID 83201
      View Details
    • $224,900
      1,132 SF

      Pocatello Commercial Space For Sale

      Commercial space suitable for salon, office, or retail use.
      3490 Poleline Ave, Pocatello, ID 83201
      View Details

    Similar Nearby for Lease

    • $1,215 /Mo
      1,080 SF

      Pocatello Retail/Office Space For Lease

      Updated retail or office space with Yellowstone frontage and parking.
      344 Yellowstone Ave, Pocatello, ID 83201
      View Details
    • $1,660 /Mo
      2,718 SF

      Pocatello Retail Space For Lease

      Retail space available for lease in Pocatello, Idaho.
      164 Jefferson Ave, Pocatello, ID 83201
      View Details
    • $4,000 /Mo
      3,730 SF

      Pocatello Commercial Space For Lease

      3,700 SF commercial space suitable for professional or retail use.
      675 Yellowstone Ave, Pocatello, ID 83201
      View Details
    • Contact for pricing

      Prime Retail Space, High Visibility

      Excellent retail space with high visibility and traffic in Pocatello.
      800 Yellowstone Ave, Pocatello, ID 83201
      View Details
    • Contact for pricing

      Prime Retail Space Available

      Commercial property with high visibility and excellent parking.
      800 Yellowstone Ave, Pocatello, ID 83201
      View Details
    • Contact for pricing

      Retail/Office Space in Pocatello

      3600 SF retail or office space for rent.
      440 E Clark St, Pocatello, ID 83201
      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.
    129 2nd Ave
    Pocatello, ID 83201-6349
    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
    129 2nd Ave, Pocatello, ID, 83201
    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!