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    129 Main Ave Jerome, ID 83338

    For Sale
    $248,000

    High-traffic location, upgraded, 2,500 sq ft.

    Property size:
    2,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 2,500 square foot commercial property, situated at 129 Main Ave E in Jerome, Idaho, presents a compelling investment opportunity. Located on a 0.07-acre lot, the building is exceptionally well-maintained and has recently undergone significant upgrades, ensuring its readiness for immediate occupancy. Its prime location guarantees high visibility and substantial foot traffic, making it ideal for a variety of business ventures. Currently leased to tenants under a 26-month lease agreement, this property offers immediate rental income potential for investors seeking a stable return. Alternatively, the property is equally suited for owner-occupancy, allowing a business owner to establish their presence in a thriving commercial area. The building's recent upgrades contribute to its excellent condition and minimize the need for immediate capital expenditures. The property's size and location make it a versatile option for a range of businesses, from retail to office space, or even a combination thereof. This is a rare opportunity to acquire a well-maintained, high-traffic commercial property in a desirable location with the potential for significant long-term returns. Serious inquiries are encouraged.

    Property Features for 129 Main Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,500 SF
    Lot Size
    3,049 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jerome
    County
    Jerome
    State
    Idaho
    Longitude
    -114.5178
    Latitude
    42.72387

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, upgraded, 2,500 sq ft.
    Where is this commercial real estate located?
    The property is located at 129 Main Ave Jerome, ID.
    What is the asking price?
    The asking price for this property is $248,000.
    (208) 377-0422
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    129 Main Ave Jerome, ID 83338
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    Jerome, ID 83338
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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
    129 Main Ave Jerome, ID 83338
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