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    249 Main St Albion, ID 83311

    For Sale
    $145,000

    Prime Albion location, 0.2-acre lot, $145,000.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional commercial property, situated at 249 Main Street in the vibrant town of Albion, Idaho, presents a unique investment opportunity. Boasting a generous 0.2-acre lot, this property offers significant potential for a variety of commercial ventures. The building's square footage is currently undetermined, allowing for flexible development plans to suit your specific business needs. Its prime Main Street location ensures high visibility and accessibility, attracting significant foot traffic and potential customers. The asking price of $145,000 represents an attractive entry point into the Albion commercial real estate market. This property is ideal for entrepreneurs seeking a well-positioned space to establish or expand their business. The ample lot size provides opportunities for expansion, outdoor seating, or additional parking, adding further value to this already desirable location. Given its central location and competitive price, this property is expected to generate considerable interest. Serious inquiries are encouraged to explore the possibilities this exceptional commercial property offers. The absence of specified square footage allows for creative design and development, tailored to the specific requirements of the future owner. Don't miss this chance to secure a prominent commercial presence in the heart of Albion.

    Property Features for 249 Main 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
    Albion
    County
    Cassia
    State
    Idaho
    Longitude
    -113.5782
    Latitude
    42.41299

    FAQs

    What type of property is this?
    Commercial real estate - Prime Albion location, 0.2-acre lot, $145,000.
    Where is this commercial real estate located?
    The property is located at 249 Main St Albion, ID.
    What is the asking price?
    The asking price for this property is $145,000.
    (208) 878-1751
    Request Owner's contact information
    249 Main St Albion, ID 83311
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    249 Main St
    Albion, ID 83311
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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
    249 Main St Albion, ID 83311
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