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    Francis St Blackfoot, ID 83221

    For Sale
    $100,000

    Prime paved lot, near Eastern Idaho State Fair.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property presents a unique investment opportunity in Blackfoot, Idaho. Priced at $100,000, this 0.2-acre lot offers significant potential for various commercial ventures. Currently paved, it provides immediate usability as a parking area, eliminating the need for costly site preparation. Its strategic location places it within convenient walking distance of the Eastern Idaho State Fairgrounds, ensuring high visibility and accessibility during the fair and throughout the year. This proximity to a major regional attraction translates to substantial foot traffic and potential for increased business exposure. The lot's existing pavement significantly reduces upfront development costs, allowing for a quicker return on investment. The versatility of this property makes it suitable for a range of commercial uses, from temporary event parking to a permanent business establishment. Serious inquiries are encouraged to explore the possibilities this prime Blackfoot location offers. The property is ready for immediate development or lease, presenting a compelling opportunity for investors seeking a well-located, readily usable commercial asset. Its size and location make it an ideal investment for those seeking a foothold in the thriving Blackfoot commercial market.

    Property Features for Francis St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    8,712 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Blackfoot
    County
    Bingham County
    State
    Idaho
    Longitude
    -112.3419
    Latitude
    43.19152

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    FAQs

    What type of property is this?
    Commercial real estate - Prime paved lot, near Eastern Idaho State Fair.
    Where is this commercial real estate located?
    The property is located at Francis St Blackfoot, ID.
    What is the asking price?
    The asking price for this property is $100,000.
    (208) 680-1697
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    Francis St Blackfoot, ID 83221
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    Realmo Value Estimation

    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.

    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.

    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
    Francis St Blackfoot, ID 83221
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