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Property profile & analytics
OFF-MARKET
Commercial real estate

101 Anderson Rd Shelley, ID 83274

0.14 ac lot Built 2021
Property ID
Property summary
AI-generated overview

This exceptional investment property, situated at 101 Anderson Road in Shelley, Idaho's burgeoning northern area, presents a compelling opportunity for astute investors. The property encompasses two parcels totaling 0.79 acres and features a well-maintained industrial building comprising four versatile units. Each unit boasts a practical layout, including a half bath, a dedicated office or storage space, and convenient 14-foot roll-up doors, catering to a diverse range of industrial or commercial tenants. Currently, three of the four units are fully leased, generating a consistent monthly rental income ranging from $1,250 to $1,350 per unit. The fourth unit is available for immediate lease at a monthly rate of $1,500, presenting a clear path to enhance the property's overall revenue stream. The building's robust construction and flexible design ensure its appeal to a wide array of potential tenants. Shelley's rapid growth trajectory further strengthens this investment's long-term prospects, promising significant potential for value appreciation as the area continues its upward trend. The substantial land area also offers possibilities for future expansion or improvements, allowing for further optimization of the return on investment. Priced at $1,100,000, this property offers a rare blend of immediate income generation and substantial future growth potential.

Property profile
Verified
Property type Commercial real estate
Year built 2021
Lot 0.14 ac (6,098 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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