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    1723 Vly Ave Challis, ID 83226

    Sponsored
    For Sale
    $175,000

    Prime Commercial Lot, Well & Pump Included

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 2-acre parcel in Challis, Idaho, presents a rare opportunity for commercial development. Zoned for commercial use, this property stands out as one of the few remaining commercial lots available in the area, making it an ideal investment for entrepreneurs and businesses seeking a foothold in this thriving community. The land is conveniently located at 1723 Valley Avenue, offering excellent visibility and accessibility. A significant advantage is the pre-existing well and pump, significantly reducing the time and expense associated with establishing utilities. This ready-to-develop site eliminates the need for extensive infrastructure setup, allowing businesses to focus on construction and operation. The asking price of $175,000 reflects the property's prime location, commercial zoning, and the included well and pump, representing a compelling value proposition in the current market. Don't miss this chance to secure a valuable piece of Challis commercial real estate. Act quickly, as opportunities like this are scarce. The property's size and existing infrastructure make it suitable for a variety of commercial ventures. Contact us today to learn more and schedule a viewing.

    Property Features for 1723 Vly Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    87,120 SF
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Challis
    County
    Custer
    State
    Idaho
    Longitude
    -114.2174
    Latitude
    44.5028

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Commercial Lot, Well & Pump Included
    Where is this commercial real estate located?
    The property is located at 1723 Vly Ave Challis, ID.
    What is the asking price?
    The asking price for this property is $175,000.
    (208) 879-4663
    Request Owner's contact information
    1723 Vly Ave Challis, ID 83226
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    Challis, ID 83226
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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
    1723 Vly Ave Challis, ID 83226
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