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Property profile & analytics
OFF-MARKET
Commercial real estate

L8B1 Rigby Lake Dr Rigby, ID 83442

0.57 ac lot
Property ID
Property summary
AI-generated overview

This 0.57-acre commercial lot in Rigby, Idaho, presents a unique investment opportunity. Located on Rigby Lake Drive with Hwy. 20 frontage, this property boasts exceptional visibility and easy access for potential businesses. The asking price of $275,000 includes significant site improvements already completed, saving considerable time and money compared to developing raw land. A city-approved site plan streamlines the permitting process, minimizing delays and expenses. The lot features ample parking and a professionally landscaped entryway, enhancing curb appeal and creating a positive first impression for customers. Drive-through accessibility is another key advantage, making this location ideal for businesses such as banks, pharmacies, or other drive-thru oriented enterprises. Strong protective covenants are in place to safeguard your investment and maintain the property's value over time. This ready-to-develop lot offers a significant advantage in the competitive commercial real estate market. Don't miss this chance to secure a prime location with substantial pre-development work already completed. Contact us today to schedule a viewing.

Property profile
Verified
Property type Commercial real estate
Lot 0.57 ac (24,829 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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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