Current Use by Public Records
- Commercial real estate
Property Details for 3400 3400
- Lot size
- 2.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional two-acre commercial parcel presents a unique investment opportunity in Ashton, Idaho. Strategically located directly adjacent to Highway 20, it boasts unparalleled visibility for any commercial venture. The property currently features two billboards, although the billboards themselves are under separate ownership. The annual lease for billboard ground use has recently expired, presenting an opportunity for renegotiation with the current billboard owner, who may also be open to selling the billboards to the new property owner. The prior lease agreement was for $1800 annually over a 20-year term. Access to the billboards is conveniently situated near the railroad tracks off 3400 E. A boundary line adjustment is underway, reducing the parcel size by approximately one acre, leaving a remaining two acres with excellent highway visibility. Importantly, no highway frontage is affected by this adjustment, which is clearly marked on the lot with green flags and begins in the middle of 3400 E. Local planning and zoning authorities have indicated the property either falls under a grandfather clause or possesses a Class II permit. While various commercial uses may be possible, potential buyers are advised to independently verify permitted uses. Given the Idaho Transportation Department's (IDOT) planned Highway 20 expansion, prospective buyers should contact IDOT directly to obtain detailed information regarding future property access. This property offers significant potential for a variety of commercial applications, capitalizing on its prime location and high visibility. The asking price is $95,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ashton
- County
- Fremont County
- State
- Idaho
- Longitude
- -111.479
- Latitude
- 44.0125
