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Property profile & analytics
OFF-MARKET
Apartment buildings

0 Tbd Hansen Ave Burley, ID 83318

19,427,760 SF 4.46 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Total area 19,427,760 SF
Lot 4.46 ac (194,278 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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