Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    415 Anderson St Idaho Falls, ID 83401-2018

    • Grocery and convenience stores
    • 2,400 SF
    • 0.80 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US27-0304674
    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.

    Current Use by Public Records

    • Sinclair Gas Station / Grocery & Convenience Store
    • Speedi Mart / Grocery & Convenience Store

    Property Details for 415 Anderson St

    Year built
    1977
    Lot size
    0.80 lot acres
    Property size
    2,400 SF
    Property type
    Grocery and convenience stores
    APN
    RPA00008079470
    APU
    RPA00008079470

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Idaho Falls
    County
    Bonneville
    State
    Idaho
    Longitude
    -112.026
    Latitude
    43.5118
    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
    $4,046
    $92,347
    $0.00
    $92,347
    -
    $92,347
    $0.00
    $92,347

    Comparable in this City

    • Value Estimation by Request
      7,235 SF

      424 1st St

      GROCERY, SUPERMARKET • 7,235 SF
      424 1st St, Idaho Falls, ID 83401-3964
      View Details
    • Value Estimation
      $605,000
      4,492 SF

      1690 Woodruff Ave

      CONVENIENCE STORE • 4,492 SF
      1690 Woodruff Ave, Idaho Falls, ID 83401-2218
      View Details
    • Value Estimation by Request
      3,189 SF

      3607 Yellowstone Hwy

      CONVENIENCE STORE • 3,189 SF
      3607 Yellowstone Hwy, Idaho Falls, ID 83401-1762
      View Details
    • Value Estimation by Request
      3,306 SF

      4580 Yellowstone Hwy

      CONVENIENCE STORE • 3,306 SF
      4580 Yellowstone Hwy, Idaho Falls, ID 83401-1767
      View Details
    • Value Estimation by Request
      3,024 SF

      3727 Yellowstone Hwy

      CONVENIENCE STORE • 3,024 SF
      3727 Yellowstone Hwy, Idaho Falls, ID 83401-1762
      View Details
    • Value Estimation by Request
      3,041 SF

      496 1st St

      CONVENIENCE STORE • 3,041 SF
      496 1st St, Idaho Falls, ID 83401-3964
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      232,995 SF

      Riviera Park Retail Center

      Idaho Falls Retail Space - NNN Lease
      2450 Lincoln Rd, Idaho Falls, ID 83401
      View Details
    • $1,890,000
      4,451 SF

      Butcher Shop & Residential Combo

      Unique property with income potential on 2.21 acres.
      4027 E Lincoln Rd, Idaho Falls, ID 83401
      View Details
    • Contact for pricing
      14,820 SF

      Idaho Falls Retail Opportunity

      Retail property for sale in Idaho Falls, ID.
      1725 1St St, Idaho Falls, ID 83401
      View Details
    • Contact for pricing

      Idaho Falls Showroom/Shop Space

      Open showroom and shop space with offices and storage.
      4390 North Yellowstone Hwy, Idaho Falls, ID 83401
      View Details
    • $1,500,000
      6,337 SF

      Thriving Billiards Bar Opportunity

      Turnkey bar business with potential for music venue or restaurant.
      905 E Lincoln Rd, Idaho Falls, ID 83401
      View Details
    • Contact for pricing
      0.57 Acres

      Idaho Falls Retail Outparcel

      High-visibility retail pad, 5,300 SF
      200-260 Woodruff Ave, Idaho Falls, ID 83401
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      232,995 SF

      Riviera Park Retail Center

      Prime Retail Space, High Traffic Area
      2450 Lincoln Rd, Idaho Falls, ID 83401
      View Details
    • Contact for pricing
      10,000 SF

      Retail Space For Lease

      Retail spaces available for lease in high-traffic Idaho Falls area.
      3750 E Lincoln Rd, Idaho Falls, ID 83401
      View Details
    • Contact for pricing
      7,860 SF

      Idaho Falls Industrial Space Available

      Pre-lease industrial spaces with storefront in Idaho Falls.
      Bldg A Endeavor, Idaho Falls, ID 83401
      View Details
    • Contact for pricing
      24,000 SF

      Idaho Falls Retail Space Available

      24,000 SF retail space in central Idaho Falls.
      394 S Woodruff Ave, Idaho Falls, ID 83401
      View Details
    • Contact for pricing
      1,500 SF

      Idaho Falls Commercial Shop Space

      Commercial shop space for lease in Idaho Falls, ID.
      5643 Rammell Rd, Idaho Falls, ID 83401
      View Details
    • Contact for pricing

      Idaho Falls Retail Space Available

      24,000 SF retail space in high-traffic Idaho Falls location.
      400 S Woodruff Ave, 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.
    415 Anderson St
    Idaho Falls, ID 83401-2018
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!