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    1030-1120 S Lincoln Ave Jerome, ID 83338

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    For Sale
    $1,700,000

    Multi-tenant retail center with redevelopment potential in Jerome, Idaho.

    Property size:
    23,000 SF
    Lot size:
    5.18 Acres

    Property Features for 1030-1120 S Lincoln Ave

    General Information

    Size
    23,000 SF
    Lot size
    5.18 Acres

    Source: Summit Commercial Real Estate Agent Andrea Nilson

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

    Overview

    Jerome Retail Center on Lincoln

    The Lincoln Plaza is a multi-tenant retail center located along one of Jerome, Idaho’s primary thoroughfares. Constructed in 1975, the building originally featured seven individual suites and has since been reconfigured into five retail spaces. The property is the former home of D&B Supply, which is scheduled to relocate to its newly constructed building in 2026. Current tenants include Sonora Tacos, Puff N Stuff, and a State Liquor Store, together generating $63,920 in annual rental income. With D&B’s departure and one additional vacant suite, Lincoln Plaza presents an opportunity for lease-up value creation, an owner-user, or a full redevelopment. The property has a flexible layout. It is suitable for national, regional, or local retailers and also presents an attractive option for mixed-use or retail redevelopment. The property is located in an established commercial location with strong traffic patterns.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    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.

    Similar Places Nearby

    Lincoln Plaza, Coinstar Kiosk | Bitcoin ATM, Jerome Indoor Swap-Meet

    Location Insight

    • Map
    • Local Demand
    City
    Jerome
    County
    Jerome
    State
    Idaho
    Longitude
    -114.518382
    Latitude
    42.715375

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    FAQs

    What type of property is this?
    Shopping center - Multi-tenant retail center with redevelopment potential in Jerome, Idaho.
    Where is this shopping center located?
    The property is located at 1030-1120 S Lincoln Ave Jerome, ID.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: - High-visibility retail center on a primary thoroughfare in Jerome, Idaho.; - Anchor tenant departing in 2026, creating a significant vacancy and repositioning opportunity.; - Flexible 5 to 7-suite configuration allows for diverse tenant layouts or redevelopment.
    (208) 975-4447
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    1030-1120 S Lincoln Ave Jerome, ID 83338
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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
    1030-1120 S Lincoln Ave Jerome, ID 83338
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