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    1258 Overland Ave Burley, ID 83318

    For Sale
    $495,000

    Iconic building, 10,702 SF, $495,000

    Property size:
    10,702 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial property, located at 1258 Overland Avenue in Burley, Idaho, presents a unique investment opportunity. The 10,702 square foot building sits on a 0.24-acre lot and boasts a rich history, having served as a bank, market, department store, and men's shop over the past century. Its prime downtown location offers excellent visibility and accessibility. The main building features a full basement and a substantial second floor, previously used as professional office space. While the upper level has been vacant for some time, it offers significant potential for redevelopment and repurposing. The attached building on 13th Street, formerly housing International Travel, adds to the overall property size and potential uses. This property is ideal for an investor or business owner seeking a landmark building with substantial space and a prominent location in the heart of Burley, Idaho, zip code 83318. The asking price is $495,000. This is a rare chance to acquire a piece of Burley's history and shape its future. The property's versatility allows for a wide range of commercial uses, making it an attractive investment with considerable upside potential. The building's historical significance and central location in Cassia County provide a strong foundation for a successful venture.

    Property Features for 1258 Overland Ave

    General Information

    Property type
    Land
    Square Feet
    10,702 SF
    Lot Size
    10,454 SF

    HighLights

    • 10,702 SF building on a 0.24‑acre lot in downtown Burley, ID.
    • Prime downtown location with high visibility and accessibility.
    • Full basement and substantial second‑floor space, previously used as offices.
    • Attached building adds to overall square footage.
    • $495,000 asking price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Burley
    County
    Cassia
    State
    Idaho
    Longitude
    -113.7935781
    Latitude
    42.5369355

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    FAQs

    What type of property is this?
    Land - Iconic building, 10,702 SF, $495,000
    Where is this land located?
    The property is located at 1258 Overland Ave Burley, ID.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: 10,702 SF building on a 0.24-acre lot in downtown Burley, ID.; Prime downtown location with high visibility and accessibility.; Full basement and substantial second-floor space, previously used as offices.
    Request Owner's contact information
    1258 Overland Ave Burley, ID 83318
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    Burley, ID 83318
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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
    1258 Overland Ave Burley, ID 83318
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