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    000 15 & Expedition Way Lewiston, ID 83501

    Sponsored
    For Sale
    $6,850,000

    Prime 114-Acre Development Parcel

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 114.35-acre agricultural property in Lewiston, Idaho, presents a unique legacy development opportunity. Located in the Palouse Region, this nearly flat parcel boasts 84 acres with expansive views and shares a ¾-mile boundary with Lewiston's Community Park. Its strategic location offers convenient access from Expedition Way and Lindsay Creek Road. City and franchise utilities are readily available from Expedition Way, with gravity sewer access in nearby Skinner Canyon. The property's potential for on-site rock/gravel extraction further enhances its development viability. Upon annexation, city staff recommend zoning for low, medium, and high-density residential development, along with potential for neighborhood commercial uses. This is an unparalleled opportunity for a large-scale development project in a desirable location, offering significant potential for long-term growth and return on investment. The asking price is $6,850,000. The property is situated in Nez Perce County, Idaho, with the address listed as 000 15th & Expedition Way, Lewiston, ID 83501.

    Property Features for 000 15 & Expedition Way

    General Information

    Property type
    Farms
    Lot Size
    4,981,130 SF

    HighLights

    • $6,850,000 asking price for 114.35 acres of agricultural land in Lewiston, ID.
    • 114+ acre parcel ideal for a legacy development project.
    • Property borders Lewiston's Community Park for ¾ mile.
    • 84 acres are flat with expansive views.
    • Zoned for low, medium, and high‑density residential, with potential for neighborhood commercial uses after annexation.
    • Access from Expedition Way and Lindsay Creek Road; potential on‑site rock/gravel; city utilities available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lewiston
    County
    Nez Perce
    State
    Idaho
    Longitude
    -116.9545643
    Latitude
    46.3839613

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    FAQs

    What type of property is this?
    Farm - Prime 114-Acre Development Parcel
    Where is this farm located?
    The property is located at 000 15 & Expedition Way Lewiston, ID.
    What is the asking price?
    The asking price for this property is $6,850,000.
    What are key features of this property?
    This property features: $6,850,000 asking price for 114.35 acres of agricultural land in Lewiston, ID.; 114+ acre parcel ideal for a legacy development project.; Property borders Lewiston's Community Park for ¾ mile.
    Request Owner's contact information
    000 15 & Expedition Way Lewiston, ID 83501
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    Lewiston, ID 83501
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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
    000 15 & Expedition Way Lewiston, ID 83501
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