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    25 Way Blackfoot, ID 83221

    Sponsored
    For Sale
    $300,000

    Multi-unit building, high rental income.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property at 25 N Don's Way, Unit 4, Blackfoot, ID, presents a lucrative investment opportunity. Spanning over 7,000 square feet on a 0.16-acre lot, this property comprises three commercial units and a spacious two-bedroom apartment on the second level, plus a main level residential unit. The commercial units offer a flexible layout suitable for various businesses. Unit #1 boasts two 10x10 and 10x12 overhead doors, along with three tech/office spaces, ideal for businesses requiring storage and office areas. The other commercial units provide open space with restrooms. Unit 4 features a 7x7 overhead door, adding to the property's versatility. The upper-level apartment, measuring 1098 square feet, provides additional income potential. Currently, the property generates a substantial monthly rental income of $2,700, with individual unit rents ranging from $450 to $650. This well-maintained property is perfectly positioned for a savvy investor seeking a strong return on investment in a thriving Blackfoot location. The combination of commercial and residential units offers diverse income streams and significant upside potential. This is a rare opportunity to acquire a substantial commercial property in a desirable location. The property's size and layout make it suitable for a variety of uses, from warehousing to light manufacturing to retail. Don't miss this chance to own a piece of Blackfoot's commercial landscape.

    Property Features for 25 Way

    General Information

    Property type
    Other commercial real estate
    Lot Size
    6,970 SF

    Building Details

    Year Built
    1968
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Blackfoot
    County
    Bingham County
    State
    Idaho
    Longitude
    -112.352
    Latitude
    43.19361

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    FAQs

    What type of property is this?
    Commercial real estate - Multi-unit building, high rental income.
    Where is this commercial real estate located?
    The property is located at 25 Way Blackfoot, ID.
    What is the asking price?
    The asking price for this property is $300,000.
    (208) 785-2474
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    25 Way Blackfoot, ID 83221
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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
    25 Way Blackfoot, ID 83221
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