1221 Overland Ave Burley, ID 83318-1834
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.