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Property profile & analytics

C Lots 16-20 Avenue Jerome, ID 83338

  • Commercial real estate
  • 4,248 SF
  • 0.72 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for C Lots 16-20 Avenue

Lot size
0.72 lot acres
Property size
4,248 SF
Property type
Commercial real estate

Description

This exceptional commercial property in Jerome, Idaho, presents a unique investment opportunity. Encompassing 0.72 acres, this offering includes five contiguous lots, each measuring 50x125 feet, providing a substantial 4,248 square feet of buildable space. The property is fully fenced, enhancing security and providing a defined perimeter. A pre-existing shop/building is included in the sale, offering immediate utility or potential for renovation and expansion. The strategic location ensures high visibility and accessibility, making it ideal for a variety of commercial ventures. The significant acreage allows for ample room to construct additional buildings, catering to future expansion needs or the development of multiple commercial units. This property's size and location make it a highly attractive proposition for businesses seeking a prominent presence in Jerome. The potential for expansion, combined with the existing building, presents a versatile opportunity for immediate use and long-term growth. Consider the added advantage of potentially combining this purchase with three adjacent lots across the street (sold separately), creating an even larger and more impactful commercial footprint. This is a rare opportunity to acquire a substantial and well-positioned commercial property in a thriving Idaho community. The asking price is $265,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Jerome
County
Jerome
State
Idaho
Longitude
-114.519
Latitude
42.7212
More about this property
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