Back to Search
Property profile & analytics
FOR SALE
Office buildings
1463 Commerce Way Idaho Falls, ID 83401
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US27-0212123
For Sale
1 / 25
$2,790,000
1463 Commerce Way, Idaho Falls, ID 83401
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1996
Total area
11,716 SF
Lot
1.87 ac (81,418 SF)
APN
RPO7060002001O
UPID
US27-0212123
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
U Turn Corporation Big Box & Wholesale Store
-
Front Row Event & Production Management Marketing & Advertising Event Planning
-
P1 RC Hobbies (Bike/Boat/Book/etc) Store
-
VendTech Big Box & Wholesale Store
-
P1 Autoworks Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Front Row Event And Production Mgmt · 6 yrs held
Front Row Event And Production Mgmt
since 2020
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Idaho Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Idaho Falls submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$7,581
Tax year 2024
Assessed value
$130,269
Assessed 2024
Previous assessed
$1,110,991
-88.3% YoY
Effective rate
5.82%
On assessed value
Assessed land
$130,269
Land market value
$130,269
Total market value
$130,269
Applied tax rate
23.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1996
Heating
NONE
Buildings
3
Total area
11,716 SF
Lot
1.87 ac (81,418 SF)
APN
RPO7060002001O
UPID
US27-0212123
Jurisdiction
BONNEVILLE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1996
Heating
NONE
Buildings
3
Lot
1.87 ac
Current owner
From public records · entity-resolved
Front Row Event And Production Mgmt
Individual
Mailing address
1463 COMMERCE WAY, IDAHO FALLS, ID 83401-1233
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2025
—
Jh Farms LLC
—
Deed
related
$1,885,000 · The Bank Of Commerce
Jun 24, 2021
—
Front Row Event And Production Mgmt
—
Deed
related
$1,500,000 · Citizens Community Bank
Jun 18, 2021
—
Front Row Event And Production Mgmt
—
Deed
related
$915,000 · Citizens Community Bank
Sep 10, 2020
—
Front Row Event And Poduction Mgmt
—
Deed
related
$900,000 · Zb NA
Jan 6, 2020
—
Front Row Event And Production Mgmt
Rcsma LLC
Warranty Deed
$593,000 · Citizens Community Bank
Dec 23, 2013
—
Rcsma LLC
Quenalee Nelson
Warranty Deed
$650,000 · Trust
Aug 17, 2012
—
G Q Nelson Family Trust
Romeo Golf LLC
Quit Claim Deed
related
—
Aug 15, 2012
—
Quenalee Nelson
Romeo Golf LLC
Quit Claim Deed
related
—
May 18, 2011
—
Romeo Golf LLC
Qiemaee Nelson
Re-recorded Document
related
—
May 3, 2011
—
Romeo Golf LLC
Quenalee Nelson
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
