0 Tbd Hansen Burley, ID 83318
This exceptional 4.46-acre commercial land parcel in Burley, Idaho, presents a remarkable investment opportunity for developers and business owners. Located in Cassia County, with a Burley address (TBD Hansen, zip code 83318), this fee-simple property boasts C-2 zoning, opening doors to a wide array of development possibilities. Preliminary plans, previously approved by the city, envisioned the construction of nine fourplexes, showcasing the land's potential for high-density residential development. Alternatively, the expansive lot size is equally suitable for a variety of commercial ventures, including a trailer park (with potential for 23-24 units), a storage facility, or a retail establishment. The property's strategic location within Burley offers excellent visibility and accessibility. The asking price is $645,000. There's also a potential to acquire an additional 0.64 acres, expanding the total acreage to over 5 acres. The APN is RP00010004008CA. This is a rare chance to acquire a sizable commercial lot in a growing Idaho community
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.