L7B1 Rigby Lake Dr Rigby, ID 83442
This exceptional 0.3-acre commercial lot, located at L7B1 Rigby Lake Drive in Rigby, Idaho, presents a unique investment opportunity. Priced at $175,000, this property boasts significant advantages for discerning buyers. The city of Rigby has already approved the site plan, saving considerable time and expense associated with typical development hurdles. The lot features ample parking and a professionally landscaped entryway, enhancing curb appeal and creating a welcoming atmosphere for potential customers. Strong protective covenants are in place to safeguard your investment and maintain the property's value over time. High visibility is ensured by its convenient Highway 20 frontage, guaranteeing excellent exposure to a substantial volume of daily traffic. The lot's design incorporates drive-through accessibility, making it ideally suited for businesses such as banks, pharmacies, or similar enterprises requiring convenient customer access. This ready-to-develop lot offers a significant advantage over comparable properties lacking pre-approved site improvements. The combination of location, pre-approved plans, and desirable features makes this an exceptional opportunity to establish a thriving commercial presence in a growing community. Don't miss this chance to acquire a prime commercial lot in a strategic location with significant cost-saving benefits.
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
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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.