Property profile

0 21St St Heyburn, ID 83336

OFF-MARKET
Mixed-use properties
75,359 SF 1.73 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents a shovel-ready, fully approved 48-unit multifamily development on a 1.73-acre lot in Heyburn, Idaho. Located at TBD 21st Street, this prime property boasts a strategic location directly off I-84, providing convenient access to major transportation routes. The development plan includes two three-story buildings, totaling 75,359 square feet, and is part of a larger mixed-use project adjacent to a Walmart. All necessary approvals and permits are in place, including certified construction drawings, and survey and engineering work is complete. This Phase 1 development is approved as part of a larger 312-unit project, with an additional 264 units planned for Phases 2 and 3 on adjacent land. The property's zoning (C-G, General Commercial, light industrial) allows for flexibility and future expansion. Enjoy mountain views and proximity to the river, as well as convenient access to local retail, restaurants, and services. This is a prime opportunity to capitalize on Idaho's significant growth, offering a strong return on investment in a thriving market. The asking price for this turn-key development is $850,000.

Property profile

Verified
Property type Mixed-use properties
Total area 75,359 SF
Lot 1.73 ac (75,359 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

21St St Heyburn, ID 83336
Heyburn metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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