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Property profile & analytics
OFF-MARKET
Commercial real estate

1221 Overland Ave Burley, ID 83318-1834

0.07 ac lot
Individually Owned 14-yr Hold ~ Est. High Equity
Property ID
US27-0702836
Property summary
AI-generated overview

This exceptional commercial property located at 1221 Overland Ave, Burley, ID, presents a unique investment opportunity. Boasting a substantial 8,000 square feet of space, the building is thoughtfully divided into three levels, each approximately 2,666 square feet. The main floor is currently configured as a retail space, offering immediate income potential or the flexibility to adapt to a variety of retail businesses. The upper level features a fully functional apartment, providing additional income streams or comfortable living quarters for an owner-operator. The basement level offers versatile space that can be utilized as storage, an additional apartment, or a combination of both, depending on the buyer's needs. Situated on a 0.07-acre lot, the property benefits from excellent visibility and accessibility. The building's substantial size and adaptable layout make it ideal for a wide range of commercial ventures, from retail and office spaces to mixed-use developments. The asking price is $750,000, representing a compelling value for a property with such significant potential. This is a rare opportunity to acquire a well-located, multi-functional commercial building in a thriving community. Don't miss out on this chance to own a piece of Burley's commercial landscape. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.07 ac (3,093 SF)
APN RPBB0011210110
UPID US27-0702836
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Armando E Vargas · 14 yrs held
Armando E Vargas
since 2011
2 recorded transactions
2011
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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