2275 17th St Idaho Falls, ID 83404-6512
Property profile & analytics
2275 17th St Idaho Falls, ID 83404-6512
- Retail space
- 9,040 SF
- 0.58 lot acres
Property ID
US27-0258469
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.
Location Intelligence
Current Use by Public Records
- Advance Auto Parts / Auto Parts Store
- UPS Access Point location / Courier Service / Postal Service
Property Details for 2275 17th St
- Year built
- 1994
- Lot size
- 0.58 lot acres
- Property size
- 9,040 SF
- Property type
- Retail space
- APN
- RPA0166001012O
- APU
- RPA0166001012O
Description
This exceptional investment opportunity presents a 8,973-square-foot storefront occupied by Advanced Auto Parts under a Net Lease agreement. Located at 2275 E 17th St, Idaho Falls, ID 83404, this property boasts a strong 6.08% cap rate and a substantial net operating income (NOI) of $115,000. The lease, initiated August 16, 2021, has a remaining term of approximately 6.8 years, with three five-year renewal options, ensuring long-term stability. Built in 1995 and renovated in 2021, the single-building property sits on a 0.58-acre lot. The asking price is $1,892,000, translating to $210.85 per square foot. This strategically positioned property enjoys a high-traffic location on a signalized intersection within a thriving retail area, directly across from the Grand Teton Mall, a major shopping destination with over 70 tenants and significant foot traffic. The property's 100% occupancy and strong tenant history make it an attractive investment for discerning buyers seeking a secure and profitable retail asset in a robust market. The property's location benefits from strong demographics and proximity to key market drivers, further enhancing its investment potential. This is a rare opportunity to acquire a well-established, high-performing retail property with significant upside.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Idaho Falls
- County
- Bonneville
- State
- Idaho
- Longitude
- -111.989
- Latitude
- 43.4825
- 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
$12,578
$301,728
$16,380
$318,108
-
$301,728
$16,380
$318,108
