Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    L5B1 Rigby Lake Dr Rigby, ID 83442

    For Sale
    $175,000

    Hwy 20 frontage, approved site plan

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 0.3-acre commercial lot, located at L5B1 Rigby Lake Drive in Rigby, Idaho, presents a unique investment opportunity. Priced at $175,000, this property boasts significant advantages for discerning buyers. The city of Rigby has already approved the site plan, eliminating costly and time-consuming pre-development hurdles. The lot features ample parking and a professionally landscaped entryway, enhancing curb appeal and creating a welcoming atmosphere for customers. Strong protective covenants are in place to safeguard your investment and maintain the property's value over time. High visibility is ensured by its convenient Highway 20 frontage, guaranteeing excellent exposure to a substantial volume of daily traffic. Furthermore, the lot offers drive-through accessibility, making it ideally suited for businesses such as banks, pharmacies, or other enterprises that benefit from this feature. This ready-to-develop lot represents a significant cost savings compared to other undeveloped commercial parcels, as the site improvements are already completed. Don't miss this chance to acquire a prime commercial location in a thriving area. Contact us today to schedule a viewing and explore the possibilities this exceptional property offers.

    Property Features for L5B1 Rigby Lake Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    13,068 SF
    Property Profile 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
    -111.9097
    Latitude
    43.6795

    Nearby Similar for Sale

    • $399,000
      1,755 SF

      Eagles Rest 55+ Community Home

      One-level living in a peaceful, friendly 55+ community.
      171 Dakota Ave, Rigby, ID 83442
      View Details
    • $399,000
      2,490 SF

      Rigby Duplex on Large Lot

      Duplex on almost 1 acre, minutes from Rigby, Idaho.
      3499 E 269 N, Rigby, ID 83442
      View Details
    • $375,000
      3,600 SF

      Rigby Hangar with Bifold Door

      3,600 SF hangar at Rigby Airport with many features.
      85 Mustang Way, Rigby, ID 83422
      View Details
    • $300,000
      4.98 Acres

      Land with Water Rights

      4.89 acre property with water rights near Rigby, Idaho.
      6 E 300 N, Rigby, ID 83442
      View Details
    • $1,499,900
      17,101 SF

      Remodeled Rigby Facility For Sale

      Remodeled 17,101 SF facility with multiple uses in Rigby, ID.
      3937 E 240 N, Rigby, ID 83442
      View Details
    • Contact for pricing

      Warehouse Space on Main Street

      Warehouse space with high visibility and easy accessibility in Rigby.
      180 W Main St, Rigby, ID 83442
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Hwy 20 frontage, approved site plan
    Where is this commercial real estate located?
    The property is located at L5B1 Rigby Lake Dr Rigby, ID.
    What is the asking price?
    The asking price for this property is $175,000.
    (208) 745-9393
    Request Owner's contact information
    L5B1 Rigby Lake Dr Rigby, ID 83442
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    L5B1 Rigby Lake Dr
    Rigby, ID 83442
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    L5B1 Rigby Lake Dr Rigby, ID 83442
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.