301 Whitley DrFruitland, ID 83619

Property Details for 301 Whitley Dr

Year built

1995

Lot size

0.69 AC

Property size (Sq ft)

3,499 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

F37000020010

APU

F37000020010

Description

This exceptional 48.18-acre property, located at TBD & 301 S Whitley Dr in Fruitland, Idaho (zip code 83619), presents a unique investment opportunity. The land, encompassing APNs 08N05W272420 and 08N05W272860, is zoned for agricultural and commercial use, and is ideally suited for mixed-use development. Fruitland's city planning and zoning departments have expressed strong support for a project incorporating multi-family residential and commercial components. The property boasts significant frontage—approximately 1,325 feet—on South Whitley Drive, and benefits from a planned intersection improvement at 3rd Street, enhancing visibility and accessibility. All utilities are readily available at the property line, simplifying development. While the comprehensive plan amendment, annexation, and zoning application process is estimated to take around four months, the city has indicated significant support for this development, suggesting a streamlined approval process. This prime location offers substantial potential for a lucrative mixed-use development project in a growing Idaho community. The asking price for this remarkable opportunity is $6,280,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,048,081

  6.5%

  $967,459

  7%

  $898,355

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,879,975

  Geo Method

  $1,879,975

• Alternative Use

  Use

  Valuation

  Residential

  $816,088

  Hospitality

  $747,532

  Educational

  $621,938

  Medical

  $643,328

  Retail

  $967,459

Location Insight

City

Fruitland

County

Payette

State

Idaho

Latitude

44.0133

Longitude

-116.924

CBSA code

36620

CBSA name

ONTARIO, OR-ID MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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