L8B1 Rigby Lake Dr Rigby, ID 83442
This 0.57-acre commercial lot in Rigby, Idaho, presents a unique investment opportunity. Located on Rigby Lake Drive with Hwy. 20 frontage, this property boasts exceptional visibility and easy access for potential businesses. The asking price of $275,000 includes significant site improvements already completed, saving considerable time and money compared to developing raw land. A city-approved site plan streamlines the permitting process, minimizing delays and expenses. The lot features ample parking and a professionally landscaped entryway, enhancing curb appeal and creating a positive first impression for customers. Drive-through accessibility is another key advantage, making this location ideal for businesses such as banks, pharmacies, or other drive-thru oriented enterprises. Strong protective covenants are in place to safeguard your investment and maintain the property's value over time. This ready-to-develop lot offers a significant advantage in the competitive commercial real estate market. Don't miss this chance to secure a prime location with substantial pre-development work already completed. Contact us today to schedule a viewing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.