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    OFF-MARKET
    Commercial real estate

    128 Spruce St, Fairfield, ID 83327

    0.22 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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