580 State St Shelley, ID 83274-1154
This exceptional 40,000-square-foot warehouse and retail storefront property, situated at 580 N State St in Shelley, ID, presents a unique investment opportunity. The building offers a versatile layout ideal for various commercial uses, boasting a single-tenant occupancy and a prominent location on Yellowstone Highway, providing easy access to both Idaho Falls and Blackfoot markets. The warehouse itself features a significant amount of space, with ceiling heights varying across four bays: three at 20' x 16' and one at 12' x 8'. Four dock-high doors ensure efficient loading and unloading, complemented by 3-phase power. The property also benefits from drive-through access, enhancing operational flexibility. The zoning is designated HC (Heavy Commercial), allowing for a wide range of business types. The property sits on a two-acre lot, with the potential for leasing additional yard space, totaling approximately two acres, providing ample room for storage or outdoor operations. Its strategic location offers convenient access to Interstate 15 via Yellowstone Highway, making it an attractive option for businesses needing efficient transportation links. This property is ready for immediate occupancy, presenting a rare opportunity to secure a substantial and well-positioned commercial space in a thriving market. The building's combination of warehouse and retail storefront space makes it suitable for a variety of businesses seeking a high-visibility location with ample storage and operational capabilities. This is a must-see for businesses seeking a strategic location in the heart of Shelley, Idaho.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.