128 Spruce St, Fairfield, ID 83327
This exceptional 0.22-acre property in downtown Fairfield, Idaho, presents a rare opportunity to acquire a piece of local history. The centerpiece is one of Fairfield's iconic historic grain silos, highly visible from the highway, offering unparalleled branding and marketing potential. The property's versatility allows for a wide range of development possibilities. Imagine transforming this landmark into a unique commercial space, perhaps a boutique hotel, restaurant, or artist studios, capitalizing on its prime location and inherent character. Alternatively, the site could be redeveloped for residential use, creating distinctive and memorable living spaces. The existing infrastructure includes already installed water and septic systems, significantly reducing development costs and accelerating the project timeline. This eliminates the need for costly utility installations, making this a highly attractive investment. The property's prominent location in the heart of Fairfield ensures high visibility and accessibility, attracting significant foot traffic and potential customers. This is a chance to own a piece of Fairfield's heritage and shape its future. Serious inquiries are encouraged to explore the full potential of this remarkable property. The asking price is $278,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.