Property profile

2684 2000th W Rexburg, ID 83440

OFF-MARKET
Commercial real estate
Property ID
US27-0840953
6,000 SF 0.68 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 2684 S 2000 W Unit 3 in Rexburg, Idaho, presents a rare opportunity for entrepreneurs and businesses. Boasting approximately 2,900 square feet on a 0.07-acre lot, this versatile space offers endless possibilities. Its adaptable design allows for a wide range of uses, including retail storefront, small business office, light manufacturing, studio space, production facility, or even a unique Airbnb conversion. The existing layout includes designated office space, ample building and design areas, a half-bath, and a convenient kitchen area. The property's prime location in Rexburg provides excellent accessibility and visibility. This is an exceptional chance to establish or relocate your business in a thriving community. The seller is offering a significant buyer incentive of $7,500, which can be applied towards buyer closing costs or building improvements, making this an even more attractive investment. Don't miss this chance to secure your ideal commercial space. Act quickly, as opportunities like this are scarce.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 6,000 SF
Lot 0.68 ac (29,447 SF)
APN RP05N39E015096
UPID US27-0840953

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
  • Gym & Fitness Center
  • Gym & Fitness Center Sports Field & Court
  • (Bike/Boat/Book/etc) Store

Location

2684 2000th W Rexburg, ID 83440-4047
Rexburg metro Census 950502 REXBURG, ID MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

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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