0 Tbd Hansen Ave Burley, ID 83318
Exceptional 4.46-acre commercial land parcel in Burley, Idaho, presents a prime development opportunity. Zoned Commercial 2, this property offers significant potential for various projects. Existing architectural drawings, prepared by Landrom & Associates and previously approved by Rupert city zoning (requiring re-approval), detail a plan for nine fourplex units. The proposed development envisions city water and sewer connections, although utilities are not currently available. The site's size also allows for alternative uses, such as a trailer park accommodating 23-24 units, or a multi-unit apartment or condo complex. The asking price is $645,000, offering a compelling investment prospect for developers and business owners seeking a strategic location in Burley, ID. The property's APN is RP00010004008CA and is offered as a fee simple ownership. The total square footage is 19,427,760, with a price per square foot of $0.03. While the current number of units is zero, the potential for significant development makes this a highly attractive investment. The address is TBD Hansen Ave, Burley, ID 83318.
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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No recorded transactions found for this property.
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Risks
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