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    20449 State Hwy Murphy, ID 83650

    • Commercial real estate
    • 0.45 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 20449 State Hwy

    Year built
    1991
    Lot size
    0.45 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 0.45-acre commercial lot, located at 20449 State Hwy 78 in Murphy, Idaho, presents a unique investment opportunity. Priced at $475,000, this property offers significant potential for a variety of commercial ventures. Its strategic location on State Highway 78 ensures high visibility and accessibility, making it ideal for businesses seeking strong foot traffic and convenient access for customers. The expansive 0.45-acre parcel provides ample space for development, allowing for flexibility in design and construction to suit specific business needs. Whether you envision a retail establishment, office space, or a mixed-use development, this property offers the foundation for a thriving enterprise. The property's location in Murphy, Idaho, provides access to a growing community and offers a strong foundation for long-term growth and investment returns. The absence of existing structures allows for complete customization, enabling the creation of a building that perfectly aligns with your business vision. This is a rare opportunity to acquire a prime commercial lot in a desirable location, ready for immediate development. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is zoned for general commercial use. Further details regarding zoning regulations and development possibilities are available upon request.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Murphy
    County
    Owyhee
    State
    Idaho
    Longitude
    -116.549
    Latitude
    43.2156

    Comparable in this City

    • Value Estimation
      $395,000
      7,205 SF

      23936 Jordan St

      COMMERCIAL (GENERAL) • 7,205 SF
      23936 Jordan St, Murphy, ID 83650
      View Details
    • Value Estimation by Request
      15.40 Acres

      Murphy, ID 83650

      COMMERCIAL (GENERAL) • 15.40 Acres
      Murphy, ID 83650
      View Details
    • Value Estimation by Request
      0.16 Acres

      8478 Lewis St

      RECREATIONAL, ENTERTAINMENT • 0.16 Acres
      8478 Lewis St, Murphy, ID 83650
      View Details
    • Value Estimation by Request
      10.90 Acres

      Murphy, ID 83650

      INDUSTRIAL (GENERAL) • 10.90 Acres
      Murphy, ID 83650
      View Details
    • Value Estimation by Request
      0.68 Acres

      24043 Lewis St

      RECREATIONAL, ENTERTAINMENT • 0.68 Acres
      24043 Lewis St, Murphy, ID 83650
      View Details
    • Value Estimation
      $290,000
      0.21 Acres

      20449 Hwy 78

      OFFICE/RESIDENTIAL (MIXED USE) • 0.21 Acres
      20449 Hwy 78, Murphy, ID 83650-5033
      View Details
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    20449 State Hwy
    Murphy, ID 83650
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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