L5B1 Rigby Lake Dr Rigby, ID 83442
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.