Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1840 Blvd Boulevard Idaho Falls, ID 83401-1538
    Back to Search
    Property profile & analytics

    1840 Blvd Boulevard Idaho Falls, ID 83401-1538

    View on Map
    • Manufacturing properties
    • 61,280 SF
    • 10.17 lot acres
    Off-Market
    Property ID
    US27-0308140
    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
    $1,445,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 1840 Blvd Boulevard

    Year built
    1964
    Lot size
    10.17 lot acres
    Property size
    61,280 SF
    Property type
    Manufacturing properties
    APN
    RPA00008078483
    APU
    RPA00008078483

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,195,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,696,000
      Market price range: $1.70M - $2.81M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $2,095,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Idaho Falls
    County
    Bonneville
    State
    Idaho
    Longitude
    -112.032
    Latitude
    43.5135
    CBSA code
    26820
    CBSA name
    IDAHO FALLS, 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
    2024
    $22,748
    $354,404
    $11,750
    $366,154
    -
    $354,404
    $11,750
    $366,154

    Comparable in this City

    • Value Estimation
      $780,000
      26,114 SF

      1680 Bentley Way

      MANUFACTURING (LIGHT) • 26,114 SF
      1680 Bentley Way, Idaho Falls, ID 83401-6500
      View Details
    • Value Estimation by Request
      2,832 SF

      3045 4th E

      MANUFACTURING (LIGHT) • 2,832 SF
      3045 4th E, Idaho Falls, ID 83401-1501
      View Details
    • Value Estimation by Request
      10,636 SF

      775 Northgate Mile

      FOOD PACKING, PACKING PLANT • 10,636 SF
      775 Northgate Mile, Idaho Falls, ID 83401-2533
      View Details
    • Value Estimation by Request
      11,641 SF

      501 Northgate Mile

      MANUFACTURING (LIGHT) • 11,641 SF
      501 Northgate Mile, Idaho Falls, ID 83401-2531
      View Details
    • Value Estimation
      $755,000
      27,640 SF

      4510 Landmark Cir

      MANUFACTURING (LIGHT) • 27,640 SF
      4510 Landmark Cir, Idaho Falls, ID 83401-1320
      View Details
    • Value Estimation by Request
      12,000 SF

      4986 Wheelhaus Dr

      MANUFACTURING (LIGHT) • 12,000 SF
      4986 Wheelhaus Dr, Idaho Falls, ID 83401
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Idaho Falls Flex Warehouse Space

      Flex warehouse space near Highway 20 and Idaho National Laboratory.
      140 Stanley St, Idaho Falls, ID 83401
      View Details
    • $350,000
      2,586 SF

      New Idaho Falls Warehouse Unit

      New warehouse unit for sale or lease in Idaho Falls.
      2850 N Spitfire St, Idaho Falls, ID 83401
      View Details
    • $350,000
      2,586 SF

      New Idaho Falls Warehouse Unit

      New warehouse units for sale or lease in Idaho Falls.
      2850 N Spitfire St, Idaho Falls, ID 83401
      View Details
    • $350,000
      2,586 SF

      New Idaho Falls Warehouse Unit

      New warehouse unit for sale with customizable options.
      2850 N Spitfire St, Idaho Falls, ID 83401
      View Details
    • $2,790,000
      23,916 SF

      Idaho Falls Commercial Opportunity

      23,916 SF commercial property on 1.869 acres for sale.
      1463 Commerce Way, Idaho Falls, ID 83401
      View Details
    • $360,000
      2,586 SF

      New Idaho Falls Warehouse Unit

      New warehouse units for sale or lease in Idaho Falls.
      2850 N Spitfire St, Idaho Falls, ID 83401
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Idaho Falls Industrial Facility

      Class A industrial facility ideal for distribution and light manufacturing.
      2112 Boulevard North, Idaho Falls, ID 83401
      View Details
    • Contact for pricing
      7,860 SF

      Idaho Falls Industrial Space

      Pre-lease industrial space with flexible layout and excellent access.
      Bldg B Endeavor, Idaho Falls, ID 83401
      View Details
    • Contact for pricing

      New Construction Industrial Space

      New construction industrial space with highway frontage and visibility.
      205 E Stanley St, Idaho Falls, ID 83401
      View Details
    • Contact for pricing
      6,600 SF

      Idaho Falls Industrial Flex Building

      6,600 SF industrial flex building in prime location.
      2399 E 24Th N, Idaho Falls, ID 83401
      View Details
    • Contact for pricing

      Customizable Flex Industrial Space Available

      2,800 SF flex industrial space available for rent.
      5465 Rammell Rd, Idaho Falls, ID 83401
      View Details
    • Contact for pricing

      New Industrial Space in Idaho

      New industrial space with excellent regional access. Delivery Spring 2026.
      Bch Dr, Idaho Falls, ID 83401
      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.
    1840 Blvd Boulevard
    Idaho Falls, ID 83401-1538
    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
    1840 Blvd Boulevard, Idaho Falls, ID, 83401
    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!