Property profile

615 Hoopes Ave Idaho Falls, ID 83401

OFF-MARKET
Investment properties
Property ID
US27-0302943
6,730 SF 0.75 ac lot Built 2003
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 2003
Construction WOOD
Total area 6,730 SF
Lot 0.75 ac (32,670 SF)
APN RPA1948001102O
UPID US27-0302943

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
  • Counselor
  • Foster Care Service Social Service Agency
  • Business Service Center Corporate Office

Location

615 Hoopes Ave Idaho Falls, ID 83401-6106
Idaho Falls metro Census 970602 IDAHO FALLS, ID METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$715k
Comparable Approach Comparable
$648k
Blend (final) Blend
$300k

Owner & transaction history

since 2021
2 recorded transactions
2021
Price N/A
2006
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $665,000 +72.2%
Medical building $625,000 +61.6%
Office building $505,000 +31.0%

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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