Current Use by Public Records
- Commercial real estate
Property Details for 101 Anderson Rd
- Year built
- 2021
- Lot size
- 0.14 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Shelley
- County
- Bingham
- State
- Idaho
- Longitude
- -112.123
- Latitude
- 43.3921
