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    382 American Ave Jerome, ID 83338

    For Lease
    $1.07 SF/Yr ($2,003 /Mo)

    Exceptional distribution facility with easy highway access and secure yard.

    Property size:
    22,464 SF
    Lot size:
    22,464 SF

    Property Features for 382 American Ave

    General Information

    Size
    22,464 SF

    Source: Grayson Stone, SIOR, CCIM Agent Grayson Stone, SIOR, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Premier Distribution Facility in Jerome

    This distribution facility in Jerome, ID, presents a lease opportunity with a 10-year term that started in 2023, including 3% annual increases. A nationally credited tenant currently leases additional space. The property provides convenient access to Hwy 94 and I-84. It features a fully fenced and secured yard. The space is conditioned and equipped with a fire suppression system. The facility includes 7 dock highs and 2,550 square feet designed for efficiency. Jerome, ID, offers a blend of small-town ambiance and modern convenience, with attractions such as the Jerome County Historical Museum, the Snake River Canyon, and the Sawtooth Winery nearby. The property size is 22,464 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Building Supply Clothing Store Auto Parts Store Wholesale Shop Storage Facility Hotel & Motel Discount Store Auto Repair Shop Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Jerome
    County
    Jerome
    State
    Idaho
    Longitude
    -114.45433
    Latitude
    42.657229

    Nearby Similar for Lease

    • $13 SF/Yr
      3,685 SF

      Prime Jerome Executive Office Space

      Class A Office, 3685 sq ft, High Visibility
      921 Lincoln Ave, Jerome, ID 83338
      View Details

    FAQs

    What type of property is this?
    Distribution center - Exceptional distribution facility with easy highway access and secure yard.
    Where is this distribution center located?
    The property is located at 382 American Ave Jerome, ID.
    What is the lease rate?
    The lease rate is $1.07 SF/Yr.
    What are key features of this property?
    This property features: - Premier distribution facility with easy access to Hwy 94 & I-84.; - 10-year lease originated in 2023, providing stability.; - Nationally credited tenant currently leasing additional space.
    (208) 948-0808
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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
    382 American Ave Jerome, ID 83338
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