Commercial Land with Existing
3200 Kimberly Rd, Twin Falls, ID 83301
For Sale
$1,900,000
A signalized corner parcel includes seven structures and an open yard for storage or truck use.
Property Size19,745 SF
Price / SF$96.23
Days on Market10
Property Features for 3200 Kimberly Rd
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Listing Agency:
Westerra Real Estate Group
(208) 733-7653
Listed By:
Francis Florence
(208) 280-5800
Source:
Idahofarmandhome
Added: Oct 30
Changed: Nov 7
Last Checked: Nov 7 at 2:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Westerra Real Estate Group
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Investment Insights
Based on property information with market context.
This 4.342-acre commercial land parcel at 3200 Kimberly Rd includes seven existing structures totaling 19,745 SF. Improvements comprise a residence, office and garage space, storage buildings, a Quonset hut, a metal-frame shop, and a concrete bunk. An open area provides space for storage and truck yard use.
The property occupies the corner of Kimberly Rd. (US Hwy 30) and Hankins Rd. (3200 East) in Twin Falls. The intersection is signalized, and the parcel sits adjacent to city services. The stated future land use designation supports single- or multi-tenant development, equipment sales, industrial services, financial institutions, or adaptive reuse of the existing buildings.
The property occupies the corner of Kimberly Rd. (US Hwy 30) and Hankins Rd. (3200 East) in Twin Falls. The intersection is signalized, and the parcel sits adjacent to city services. The stated future land use designation supports single- or multi-tenant development, equipment sales, industrial services, financial institutions, or adaptive reuse of the existing buildings.
Key Highlights
- 4.342‑acre parcel at Kimberly Rd. (US Hwy 30) and Hankins Rd. (3200 East)
- Seven structures totaling 19,745 SF
- Improvements include a residence, office/garage space, storage, a Quonset hut, metal‑frame shop, and concrete bunk
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$121,284
Cap Rate
6.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,425,680
$2.4M
Cap Rate 7%
$1,732,629
$1.7M
Cap Rate 9%
$1,347,600
$1.3M
Market Conditions
NOI Build-Up for 19,745 SF
Gross rent
$177.7K $9.00/SF
− Vacancy
−$4.4K −$0.23/SF
EGI
$173.3K $8.78/SF
− OpEx
−$52.0K −$2.63/SF
NOI
$121.3K $6.14/SF
Area
Twin Falls County, ID
Vacancy
2.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,425,680
Cap Rate 7%
$1,732,629
Cap Rate 9%
$1,347,600
Alternative Uses
Best Use
Industrial
$1.73M
$1.52M – $2.02M
NOI $121,284 @ 7.0% cap · market cap 6.38%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.53M
$3.96M – $5.28M
NOI $317,070 @ 7.0% cap · market cap 16.69%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
85
Businesses Nearby
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Business Placement
Demographics for 83301, ID
60,789
Population
24,466
Households
2.5
Avg Household Size
35
Median Age
24%
College-Educated
90%
High-School Grad
295.7 sq mi
ZIP Area
206
Density / Sq Mi
$62,388
Median Household Income
$36,276
Median Earnings
$1,011
Median Rent
$290,600
Median Home Value
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Market
Properties on Market for Commercial land in Twin Falls
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Commercial land - A signalized corner parcel includes seven structures and an open yard for storage or truck use.
Where is this commercial land located?
The property is located at 3200 Kimberly Rd Twin Falls, ID.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 4.342‑acre parcel at Kimberly Rd. (US Hwy 30) and Hankins Rd. (3200 East); Seven structures totaling 19,745 SF; Improvements include a residence, office/garage space, storage, a Quonset hut, metal‑frame shop, and concrete bunk
