Property profile

1716 Ammon Rd Idaho Falls, ID 83401

OFF-MARKET
Grocery and convenience stores
Property ID
US27-0000663
2,994 SF 0.47 ac lot Built 1979
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1979
Total area 2,994 SF
Lot 0.47 ac (20,338 SF)
APN RPO4280011004B
UPID US27-0000663

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gas Station

Location

1716 Ammon Rd Idaho Falls, ID 83401-1823
Idaho Falls metro Census 970405 IDAHO FALLS, ID METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2019
5 recorded transactions
2019
Price N/A
2019
Price N/A
2019
Price N/A
2019
Price N/A
2013
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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