18734 Us-30 Scenic Hagerman, ID 83332
This exceptional 20.328-acre commercial land parcel presents a unique investment opportunity in Hagerman, Idaho. The 1000 Springs Resort boasts an idyllic setting on the Snake River, offering breathtaking views of Thousand Springs State Park. Its strategic location on State Highway 30 provides convenient access from Interstate 84, placing it within easy reach of Hagerman (4 miles), Twin Falls (35 miles), Sun Valley (90 miles), and Boise (100 miles). The property features approximately 2,700 feet of coveted waterfront, complete with 11 docks and two paved boat launches. A diverse landscape includes multiple acres of open wooded and gravel areas, perfectly complementing the existing infrastructure. The resort's amenities are extensive, encompassing a geothermal pool and hot bath facility, a waterfront restaurant, 18 full hook-up RV sites, 40 tent sites, two cabins, and a three-bedroom, two-bathroom waterfront home. Further enhancing its appeal is undeveloped view acreage and valuable artesian hot water rights. This turnkey resort is priced at $8,000,000 and presents a compelling opportunity for significant return on investment in a highly desirable recreational area known for its waterfowl hunting, fishing, and water sports. The property's APN is MHPB080000070A. This is a rare chance to acquire a well-established and thriving resort with substantial growth potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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