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    Commerce St Heyburn, ID 83336

    For Lease
    $6 SF/Yr

    115 Acres, Multiple Lots, Ground Lease Options

    Lot size:
    202,990 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity encompasses a substantial 115.879-acre industrial land portfolio in Heyburn, Idaho, strategically located near the intersection of Nevada and Commerce Streets. The property, zoned for industrial use and situated within the Magic Valley submarket cluster of Twin Falls | Burley, offers significant flexibility for various development projects. The land is divided into multiple lots, providing options for individual purchases or ground leases. Specifically, three industrial lots are currently available, ranging in size from approximately 43,560 square feet to 115,870 square feet. Power is readily available at each lot. This prime location within Minidoka County presents a unique chance to acquire land suitable for flex, warehouse, or distribution uses. Ground lease options are available on Lots 2-4 at a rate of $6.00 per square foot. Lots 3 and 4 are also available for purchase at $8.00 per square foot. This expansive property presents a compelling opportunity for investors seeking significant land holdings in a thriving Idaho market. The property's versatility and strategic location make it ideal for a wide range of industrial and commercial developments. The availability of both purchase and ground lease options provides flexibility to suit diverse investment strategies. The property is classified as Retail, Industrial, and Land.

    Property Features for 0 Commerce St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    202,990 SF

    Unit(s) available at that property

    Space
    Lot 3
    Size
    43,560 SF
    Rate per SF
    $6
    Space
    Lot 2
    Size
    43,560 SF
    Rate per SF
    $6
    Space
    Lot 3
    Size
    115,870 SF
    Rate per SF
    $6

    HighLights

    • Build‑to‑suit industrial opportunity near I‑84 Exit 208.
    • Lots fully improved with streets, curbs, gutters, utilities, and fiber optics.
    • Prime location midway between Salt Lake City and Boise.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Heyburn
    County
    Minidoka
    State
    Idaho
    Longitude
    -113.7453714
    Latitude
    42.5668112

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Distribution property - 115 Acres, Multiple Lots, Ground Lease Options
    Where is this distribution property located?
    The property is located at Commerce St Heyburn, ID.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: Build-to-suit industrial opportunity near I-84 Exit 208.; Lots fully improved with streets, curbs, gutters, utilities, and fiber optics.; Prime location midway between Salt Lake City and Boise.
    Request Owner's contact information
    Commerce St Heyburn, ID 83336
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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
    Commerce St Heyburn, ID 83336
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