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Property profile & analytics
OFF-MARKET
Commercial real estate

L5B1 Rigby Lake Dr Rigby, ID 83442

0.3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.3-acre commercial lot, located at L5B1 Rigby Lake Drive in Rigby, Idaho, presents a unique investment opportunity. Priced at $175,000, this property boasts significant advantages for discerning buyers. The city of Rigby has already approved the site plan, eliminating costly and time-consuming pre-development hurdles. The lot features ample parking and a professionally landscaped entryway, enhancing curb appeal and creating a welcoming atmosphere for customers. Strong protective covenants are in place to safeguard your investment and maintain the property's value over time. High visibility is ensured by its convenient Highway 20 frontage, guaranteeing excellent exposure to a substantial volume of daily traffic. Furthermore, the lot offers drive-through accessibility, making it ideally suited for businesses such as banks, pharmacies, or other enterprises that benefit from this feature. This ready-to-develop lot represents a significant cost savings compared to other undeveloped commercial parcels, as the site improvements are already completed. Don't miss this chance to acquire a prime commercial location in a thriving area. Contact us today to schedule a viewing and explore the possibilities this exceptional property offers.

Property profile
Verified
Property type Commercial real estate
Lot 0.3 ac (13,068 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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