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Property profile & analytics
OFF-MARKET
Retail space

2788 Holmes Ave Idaho Falls, ID 83401-1549

2,868 SF 0.57 ac lot Built 1971
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US27-0316221
Property summary
AI-generated overview

This exceptional owner-user opportunity in Idaho Falls, Idaho, presents a vacant, 6,868 square foot industrial property ideally suited for redevelopment. Situated on a 0.57-acre lot at 2788 N Holmes Ave, this property offers high visibility and significant traffic counts. The two-building complex provides a flexible layout adaptable to various commercial uses, including retail, showroom, warehouse, office, or a mixed-use configuration. Priced at $1,315,000, this property is priced below replacement cost, representing a compelling investment in a thriving market. The substantial outdoor storage space adds further value. Located in Bonneville County, Idaho Falls (zip code 83401), this property benefits from its proximity to major transportation arteries. The vacant status allows for immediate occupancy and customization to meet specific business needs. This is a rare chance to acquire a prime piece of real estate in a rapidly growing area, offering excellent potential for return on investment. The property's location and flexible design make it an attractive option for businesses seeking a strategic presence in Idaho Falls.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1971
Total area 2,868 SF
Lot 0.57 ac (24,829 SF)
APN RP02N38E083774
UPID US27-0316221
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
  • Advanced Auto Sales LLC Car Dealership
  • Ricardo Welding Services LLC General Contractor
  • Advanced Auto Sales Car Dealership
  • Advanced Drywall LLC Hardware & Home Improvement Interior Design
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ryan N Allen · 2 yrs held
Ryan N Allen
since 2024
4 recorded transactions
2024
Price N/A
2017
Price N/A
2009
Price N/A
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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