Technical
Financial
Distress signals
Property profile

120 3Rd St Emmett, ID 83617

OFF-MARKET
Commercial real estate
Property ID
US27-0896961
0.45 ac lot Built 1966
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment property, located at 120 E 3rd Street in the heart of Emmett, Idaho, presents a unique sale-leaseback opportunity. Currently occupied by a church, the property boasts a substantial 0.45-acre lot and offers significant redevelopment potential. The existing structure features a two-level layout encompassing large, open spaces ideal for various uses, complemented by several private offices or classrooms, a kitchen, and multiple restrooms. A detached garage/storage area provides additional utility. The church will lease back the property for a guaranteed two-year term following the closing date, providing immediate and consistent income. This presents a compelling investment opportunity with diverse future possibilities. The property's central location in downtown Emmett makes it suitable for a wide range of commercial ventures, including a charter school, office space, gymnasium or sports facility, retail establishment, or even a new church. The substantial lot size allows for expansion or redevelopment to meet the needs of a variety of tenants or uses. The existing infrastructure provides a solid foundation for immediate occupancy or a swift renovation project. This is a rare chance to acquire a prime piece of commercial real estate in a thriving Idaho community. The property is priced at $1,200,000. Serious inquiries are encouraged.

Property profile

Verified
Property type Commercial real estate
Year built 1966
Lot 0.45 ac (19,602 SF)
UPID US27-0896961

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church

Location

120 3Rd St Emmett, ID 83617
Emmett metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 120 3Rd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message