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Property profile & analytics

505 2nd E Rexburg, ID 83440-1680

  • Turn key restaurants
  • 23,440 SF
  • 2.49 lot acres
OFF-MARKET
Value Estimation
Last Sale
Jan 24, 2020
Location Intelligence
Property ID
US27-0515583
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

  • Lux Nail spa / Nail Salon
  • Jensen Jewelers / Jeweler
  • Curry Pizza / Vegetarian Restaurant / Indian Restaurant
  • All-Star Wireless / Cell Phone Store

Property Details for 505 2nd E

Lot size
2.49 lot acres
Property size
23,440 SF
Property type
Turn key restaurants
APN
RPRRVRV0010010
APU
RPRRVRV0010010

Description

This exceptional 982-square-foot retail space, located at 505 N 2nd E #203 in Rexburg, Idaho, presents a fantastic opportunity for a restaurant or similar business. Situated within a larger 4,900-square-foot building on a 2.49-acre lot (APN: RPRRVRV0010010, Madison County), this single-tenancy unit boasts newly finished interiors, ready for immediate occupancy. The property enjoys a high-traffic location with shared parking alongside established businesses such as Curry Pizza, Jensen Jewellers, and Lux Nail Spa. Its proximity to other popular retailers including Costa Vida, Cricket Wireless, The Hickory Restaurant, Cold Stone Creamery, Super Cuts, and Jack in the Box ensures significant foot traffic and visibility. The lease is a NNN lease with an asking rate of $28 per square foot. This property offers a turnkey solution for businesses seeking a vibrant and convenient location in the heart of Rexburg. The building consists of one structure. The property is not currently vacant

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Rexburg
County
Madison
State
Idaho
Longitude
-111.779
Latitude
43.8364
CBSA code
39940
CBSA name
REXBURG, ID MICROPOLITAN 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
2023
$32,411
$0.00
$0.00
$2,848,960
-
$0.00
$0.00
$2,848,960
More about this property
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