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    L10B1 Rigby Lake Dr Rigby, ID 83442

    For Sale
    $275,000

    High-visibility lot, approved site plan.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 0.54-acre commercial lot in Rigby, Idaho, presents a unique investment opportunity. Located at L10B1 Rigby Lake Drive, this property boasts a pre-approved site plan by the City of Rigby, saving you valuable time and resources typically spent on site development. The listing price of $275,000 includes substantial parking and a professionally landscaped entryway, enhancing curb appeal and creating a welcoming atmosphere for potential customers. Strong protective covenants are in place to safeguard your investment and maintain the property's value over time. The lot's strategic location offers excellent visibility and accessibility, with convenient Highway 20 frontage. Its drive-through capability makes it ideally suited for a variety of businesses, including but not limited to banks, pharmacies, and other retail establishments. This ready-to-develop lot represents a significant advantage over comparable properties requiring extensive upfront site preparation. The streamlined development process and established infrastructure make this an exceptional opportunity for investors seeking a quick return on investment in a thriving community. Don't miss this chance to secure a prime commercial location in Rigby, Idaho.

    Property Features for L10B1 Rigby Lake Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    23,522 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

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    FAQs

    What type of property is this?
    Commercial real estate - High-visibility lot, approved site plan.
    Where is this commercial real estate located?
    The property is located at L10B1 Rigby Lake Dr Rigby, ID.
    What is the asking price?
    The asking price for this property is $275,000.
    (208) 745-9393
    Request Owner's contact information
    L10B1 Rigby Lake Dr 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
    L10B1 Rigby Lake Dr Rigby, ID 83442
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