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    295 State St Rigby, ID 83442

    For Sale
    $985,000

    Prime Highway 20 location, development opportunity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 0.11-acre parcel at 295 S State Street, Rigby, ID, presents a remarkable redevelopment opportunity. Boasting high visibility directly off the South Rigby exit of Highway 20, this property enjoys significant traffic exposure, making it ideal for a variety of commercial ventures. A dedicated turning lane ensures convenient access and egress for customers and employees. The site's strategic location is particularly well-suited for businesses such as convenience stores or tunnel car washes, capitalizing on the high volume of passing traffic. Beyond immediate development, the property also offers a compelling long-term opportunity for billboard leasing, generating additional revenue streams. The asking price for this prime commercial land is $985,000. This is a rare chance to acquire a highly visible and strategically located parcel in a growing Idaho community. The property's size and location make it an attractive investment for developers seeking a high-impact commercial project. Serious inquiries are encouraged to explore the potential of this exceptional redevelopment opportunity. Detailed site plans and further information are available upon request. Don't miss this chance to secure a prominent location in a thriving market.

    Property Features for 295 State St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    4,792 SF

    Building Details

    Year Built
    1970
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rigby
    County
    Jefferson
    State
    Idaho
    Longitude
    -111.9145
    Latitude
    43.66795

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Highway 20 location, development opportunity.
    Where is this commercial real estate located?
    The property is located at 295 State St Rigby, ID.
    What is the asking price?
    The asking price for this property is $985,000.
    (208) 881-9694
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    295 State St Rigby, ID 83442
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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
    295 State St Rigby, ID 83442
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