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    OFF-MARKET
    Commercial real estate

    55 Tbd Hwy, Donnelly, ID 83615

    Property ID
    Property summary
    AI-generated overview

    This exceptional 0-acre parcel boasts prime highway frontage on Highway 55 in Donnelly, Idaho, offering unparalleled visibility and dual access points from both Highway 55 and Old State Highway 55. Its strategic location makes it ideal for a diverse range of commercial and mixed-use developments. A prior application to Valley County for approximately 350,000 square feet of high-density commercial and mixed-use development has already been approved, subject to conditions. This approved plan encompassed a variety of uses including apartments, condominiums, a hotel, restaurants, office space, and even a gas station, demonstrating the property's versatility. While sewer and water access were approved through the North Valley Sewer District, the developer will be responsible for necessary infrastructure. Importantly, the Idaho Transportation Department (ITD) has granted access from Highway 55, and the county has approved access from Old State Highway 55. The approved plans are available for review, providing a solid foundation for a new owner to build upon or to create a completely new vision for this exceptional development opportunity. This is a rare chance to acquire a strategically located parcel with significant pre-approved development potential in a growing area. The asking price is $1,595,000.

    Property profile
    Verified
    Property type Commercial real estate
    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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