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Property profile & analytics
FOR SALE
Office Spaces
1777 Alvin Ricken Dr, Pocatello, ID 83201
Entity Owned
Absentee Owner
Free & Clear
Property ID
US27-0265108
For Sale
1 / 22
$5,760,000
1777 Alvin Ricken Dr, Pocatello, ID 83201
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Property summary
AI-generated overview
This exceptional 28,800-square-foot office building in Pocatello, Idaho, presents a unique investment opportunity. Situated on a 4.91-acre lot with 158 parking spaces, this two-story structure is ideally suited for research, engineering, or general office use. Currently vacant and ready for immediate occupancy in Q2-Q3 2025, the building offers a flexible layout adaptable to various needs. Its strategic location along Alvin Ricken Drive provides easy access to I-15, ensuring excellent regional connectivity. The property benefits from a 50-year ground lease at a nominal annual rate of $1.00, eliminating property taxes. Zoned U (University), this location is within a Research and Business Park, close to high-tech manufacturing and Idaho State University. Enjoy the convenience of city utilities (water, sewer, trash from the City of Pocatello
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1776
APN
PB001005400
UPID
US27-0265108
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
-
On Semiconductor Pocatello Industrial Manufacturer Production Facility
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
SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC
SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC
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 Pocatello submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pocatello 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 2023Property tax & assessments
Tax year 2023
Tax billed
$35,813
Tax year 2023
Assessed value
$2,931,300
Assessed 2023
Previous assessed
$2,594,071
+13.0% YoY
Effective rate
1.22%
On assessed value
Assessed improvement
$2,931,300
Improvement market value
$2,931,300
Total market value
$2,931,300
Applied tax rate
10,000.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
For Sale
Year built
1776
APN
PB001005400
UPID
US27-0265108
Jurisdiction
BANNOCK
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
1776
Current owner
From public records · entity-resolved
SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC
Entity
Free & Clear · 0 yrs held
Mailing address
5005 E MCDOWELL RD, PHOENIX, AZ 85008-4229
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
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