220 Iowa AveFruitland, ID 83619

  • Office properties
  • 1,240 SF
For Sale
$350,000 View listing

Property Details for 220 Iowa Ave

Year built
1948
Lot size
0.12 AC
Property size (Sq ft)
1,240 SF
Property type
Office properties
Property subtype
Other office properties
APN
F3300009001B
APU
F3300009001B

Description

This exceptional commercial property, located at 220 S Iowa in Fruitland, Idaho, presents a unique investment opportunity. Situated on a sizable 0.23-acre lot, this general commercial property offers significant potential for a variety of business ventures. The property's address, 220 S Iowa, places it within a convenient and accessible location within Fruitland, offering excellent visibility and proximity to local amenities and transportation routes. The asking price is $350,000, representing a compelling value for a property of this size and location in the thriving Fruitland market. While the square footage is currently unavailable, the substantial lot size allows for considerable flexibility in development and building plans, catering to a wide range of commercial uses. This property is ideal for entrepreneurs seeking a strategic location to establish their business or for investors looking for a strong return on investment in a growing Idaho community. The absence of existing structures provides a blank canvas for customized development, allowing for the creation of a space perfectly tailored to specific business needs. Serious inquiries are encouraged to explore the possibilities this prime commercial property offers. Further details regarding zoning and potential uses are readily available upon request. Don't miss this chance to acquire a valuable asset in a dynamic and promising market.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $252,671
    6.5%
    $233,235
    7%
    $216,575
  • Comparable approach

    Method
    Valuation
    Relative Method
    $264,380
    Geo Method
    $264,380
  • Alternative Use

    Use
    Valuation
    Residential
    $289,211
    Hospitality
    $264,916
    Educational
    $220,407
    Medical
    $227,987
    Retail
    $342,855
220 Iowa Ave, Fruitland, Idaho
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Location Insight

City
Fruitland
County
Payette
State
Idaho
Latitude
44.0095
Longitude
-116.916
CBSA code
36620
CBSA name
ONTARIO, OR-ID MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$803
$64,912
$42,660
$107,572
-
$64,912
$42,660
$107,572

FAQs

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