0 21St St Heyburn, ID 83336
This exceptional 1.73-acre development opportunity in Heyburn, Idaho, presents a unique blend of commercial and residential potential. Strategically located directly off Interstate 84, between exits 208 and 211, this property boasts unparalleled visibility and accessibility. The site is part of a new multi-phase mixed-use development, already approved for residential (multi-family units and student housing), and commercial uses, including convenience stores, storefronts, and even fast-food establishments. The property is zoned C-G (General Commercial), allowing for a wide range of commercial and light-industrial possibilities. Detailed surveys and engineering work are complete, and comprehensive permit drawings and construction plans are available for purchase, streamlining the development process. With 75,359 square feet of buildable space, the potential for a high-return investment is significant. The location offers stunning mountain views, proximity to the river, and convenient access to local retail, restaurants, and services. This is an ideal opportunity to capitalize on the growing Heyburn market and create a thriving mixed-use development. The asking price is $850,000. A ground lease is in place.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.