0 Us-95 Ponderay, ID 83852
This exceptional 15.41-acre parcel presents a unique development opportunity in Ponderay, Idaho. Located conveniently between Ponderay and Sandpoint, with direct access off Highway 95 and ID-200, this commercially zoned land offers breathtaking views of Lake Pend Oreille. The property's APN is RPP00000151801A and is priced at $3,000,000 ($4.47/SF). Current zoning permits a variety of uses, including mixed-use, retail, hospitality, and medium-to-high density residential, office, medical, golf course, educational facilities, and parks. Rezoning possibilities may allow for flex use, light industrial, or storage. The site benefits from its proximity to numerous amenities, including the Sandpoint Elks Golf Course, Sandpoint Byway Pedestrian Trail, Pend Oreille Bay Trail, Sandpoint longbridge public Hike and bike trail, and Sandpoint City Beach Park. Nearby service providers and retailers include Best Western Edgewater Resort, Seasons of Sandpoint Condominiums, Safeway, Super 1 Foods, Big 5 Sports, NAPA, Jack in the Box, and Ace Hardware. This prime location and versatile zoning make this an ideal investment for developers seeking a high-impact project in a desirable resort town setting. Immediate availability.
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.