Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    151 3Rd Ave, Unit 100 Pocatello, ID 83204
    Back to Search
    Property profile & analytics

    151 3Rd Ave, Unit 100 Pocatello, ID 83204

    View on Map
    • Office Spaces
    • 0.97 lot acres
    For Lease
    $14 SF/Yr
    View Listing →
    Pocatello Office Space For Lease For Lease
    $14 SF/Yr
    733 SF

    Pocatello Office Space For Lease

    Turn-key office space available for lease in Pocatello, Idaho.

    151 3rd Ave Suite 305, Pocatello, ID 83204
    View Listing
    Property ID
    US27-0111300
    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

    • Brent Gordon Law / Law Firm
    • Webber Law Offices / Law Firm
    • Ridgeline Counseling / Counselor
    • Cooper & Larsen Cooper-Larsen.com / Law Firm
    • Hearn Law PLC / Law Firm

    Property Details for 151 3Rd Ave

    Year built
    1975
    Lot size
    0.97 lot acres
    Property type
    Office Spaces
    APN
    RPPOC224300
    APU
    RPPOC224300

    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
    -112.446
    Latitude
    42.8655
    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
    $21,194
    $178,500
    $2,801,404
    $2,979,904
    -
    $178,500
    $2,801,404
    $2,979,904

    Comparable in this City

    • Value Estimation by Request
      0.68 Acres

      1090 Hiline Rd

      OFFICE (GENERAL) • 0.68 Acres
      1090 Hiline Rd, Pocatello, ID 83201-2902
      View Details
    • Value Estimation by Request

      2306 Pocatello Creek Rd

      Office Units
      2306 Pocatello Creek Rd, Pocatello, ID 83201
      View Details
    • Value Estimation by Request
      2,400 SF

      850 Young St

      Office Spaces • 2,400 SF
      850 Young St, Pocatello, ID 83201
      View Details
    • Value Estimation by Request
      0.27 Acres

      305 3rd Ave

      OFFICE (GENERAL) • 0.27 Acres
      305 3rd Ave, Pocatello, ID 83201-6306
      View Details
    • Value Estimation by Request
      0.06 Acres

      625 Alameda Rd, Unit A

      OFFICE (GENERAL) • 0.06 Acres
      625 Alameda Rd, Pocatello, ID 83201-3622
      View Details
    • Value Estimation by Request
      0.29 Acres

      156 12th Ave

      OFFICE (GENERAL) • 0.29 Acres
      156 12th Ave, Pocatello, ID 83201-4712
      View Details

    Similar Nearby for Sale

    • $475,000
      4,143 SF

      Pocatello Commercial Property For Sale

      Commercial property on over an acre, suitable for office use.
      844 Mckinley Ave, Pocatello, ID 83201
      View Details
    • Contact for pricing
      1,759 SF

      Pocatello Medical Office Space

      Medical office space available for lease in Pocatello, Idaho.
      444 Hospital Way, Pocatello, ID 83201
      View Details
    • $1,675,000
      6,360 SF

      Remodeled Medical Office Building

      Remodeled medical office building for sale, tenant in place.
      246 N 18Th Ave, 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
    • $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
    • $224,900
      1,132 SF

      Pocatello Commercial Space For Sale

      Commercial space suitable for salon, office, or retail use.
      3490 Pole Line Rd, 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
    • $2,750 /Mo
      3,040 SF

      Versatile Commercial Space in Pocatello

      Functional flex space with office and warehouse areas for lease.
      322 Griffith Warehouse Only, Pocatello, ID 83201
      View Details
    • New
      $2,250 /Mo
      1,500 SF

      Pocatello Retail/Office Space Available

      Versatile 1,500 sq ft space on Yellowstone Ave, Pocatello.
      1023 Yellowstone Ave, Pocatello, ID 83201
      View Details
    • $1,300 /Mo
      1,100 SF

      Pocatello Office Space For Lease

      Move-in ready office space with parking in central Pocatello.
      812 E Clark St, 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
    • $1,550 /Mo
      2,175 SF

      Downtown Pocatello Office Space Available

      Office space with flexibility in downtown Pocatello, Idaho.
      848 S 1St Ave, Pocatello, ID 83201
      View Details
    View Listing
    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.
    151 3Rd Ave, Unit 100
    Pocatello, ID 83204
    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
    151 3Rd Ave, Pocatello, ID, 83204
    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!