72 300 Jerome, ID 83338
This exceptional 41.29-acre parcel, located at 72 East 300 South in Jerome, Idaho, presents a unique opportunity for mixed-use development. The property boasts a highly desirable City of Jerome MU (Mixed-Use) zoning designation, allowing for a diverse range of commercial and residential uses. Strategically situated near the intersection of East 300 South and South 100 East, this expansive lot offers unparalleled potential for developers seeking to capitalize on the rapid growth in this underserved area. Its convenient location, just two minutes from Interstate 84, ensures excellent accessibility and visibility. The property's proximity to Twin Falls further enhances its appeal, providing access to a larger regional market. With an asking price of $1,968,000, this property represents a significant investment opportunity in a thriving Idaho community. The lot size is substantial, providing ample space for a large-scale development project. The APN is RPJ00000319000. This is a rare chance to acquire a large, strategically located parcel in a high-growth area with flexible zoning options. Don't miss this chance to shape the future of Jerome. The zip code is 83338.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.