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    72 4500 Rigby, ID 83442

    For Sale
    $699,000

    3.85 Acres, 7,000 sq ft Shop

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 3.85-acre property in Rigby, Idaho presents a unique investment and development opportunity. The land boasts ample space for various projects, complemented by a substantial 7,000 square foot shop. This heated shop features propane heating with an on-site tank and radiant gas heat, offering significant utility and potential workspace. The property includes water rights associated with 8 shares in the Enterprize Canal Company and access to a shared well equipped with a 7 horsepower pump. A building permit for a one-acre portion of the land is already in place, simplifying future construction plans. The expansive acreage allows for potential subdivision, providing flexibility for residential or commercial development. The combination of substantial land, a large heated shop, existing water rights, and a readily available building permit makes this a truly remarkable opportunity in a desirable location. The property's versatility and existing infrastructure significantly reduce the hurdles often associated with new developments, making it an attractive proposition for both investors and builders. This is a rare chance to acquire a significant parcel of land with substantial improvements already in place.

    Property Features for 72 4500

    General Information

    Property type
    Other commercial real estate
    Lot Size
    167,706 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Wholesale Shop Auto Repair Shop Food Market Grocery Store Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Rigby
    County
    Jefferson County
    State
    Idaho
    Longitude
    -111.8038
    Latitude
    43.63716

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    FAQs

    What type of property is this?
    Commercial real estate - 3.85 Acres, 7,000 sq ft Shop
    Where is this commercial real estate located?
    The property is located at 72 4500 Rigby, ID.
    What is the asking price?
    The asking price for this property is $699,000.
    (208) 529-8888
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    72 4500 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
    72 4500 Rigby, ID 83442
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