683 Woodruff Ave, Idaho Falls, ID 83401
This exceptional investment opportunity presents a fully leased, 10,400 square foot, single-story office building situated on a 0.955-acre lot in Idaho Falls, Idaho. Constructed in 2008 and extensively renovated in 2023, the property boasts six individual suites, all currently under lease, ensuring immediate cash flow. The building features a convenient triple net lease structure, minimizing landlord responsibilities. Ample on-site parking is available for tenants and visitors, enhanced by a cross-accessed and cross-parked lot design. The property benefits from a prominent monument sign, providing excellent visibility and tenant representation. Located in a prime professional office corridor off Woodruff Avenue, this multi-tenant office building offers a strong return on investment. The asking price is $2,448,755. This is a rare opportunity to acquire a well-maintained, high-performing commercial property in a thriving Idaho Falls market. The property's recent renovation ensures modern amenities and long-term value. The strategic location and strong tenant occupancy make this an attractive investment for discerning buyers seeking a stable and profitable asset. The building's single-story design and ample parking further enhance its appeal.
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.