55 Tbd Hwy, Donnelly, ID 83615
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.
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
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.