Property profile

128 Spruce St Fairfield, ID 83327

OFF-MARKET
Commercial real estate
0.22 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Lot 0.22 ac (9,583 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

128 Spruce St Fairfield, ID 83327
Fairfield metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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