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    OFF-MARKET
    Warehouses

    1223 16th St, Fruitland, ID 83619-2257

    2,680 SF 2.02 ac lot Built 1980
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US27-0830725
    Property summary
    AI-generated overview

    This exceptional 1.91-acre commercial property in Fruitland, Idaho, presents a lucrative investment opportunity. The site encompasses four existing commercial rental buildings currently occupied by tenants, generating consistent income. Adding to the revenue stream, twelve single-wide trailers situated at the rear of the property boast a strong rental history. The property offers significant upside potential. The existing trailers could be relocated to allow for the construction of additional commercial office space or a larger, single commercial unit, significantly increasing the property's value and rental income. Currently, a billboard lease generates an annual income of $4,600, secured until 2025. The total building square footage is 7,126 square feet. Prospective buyers are encouraged to contact the City of Fruitland directly to obtain detailed zoning information and explore future development possibilities. This property is ideally suited for investors seeking a blend of immediate income and long-term growth potential in a thriving Idaho community. The existing infrastructure and tenant occupancy provide a solid foundation for immediate returns, while the development potential unlocks significant future value. This is a rare opportunity to acquire a substantial commercial property with diverse income streams and considerable expansion possibilities. The address is 1223 Nw 16th St, Fruitland, ID. The asking price is $1,375,000.

    Property profile
    Verified
    Property type Warehouses
    Use group MINI-WAREHOUSE, STORAGE
    Year built 1980
    Total area 2,680 SF
    Lot 2.02 ac (87,991 SF)
    APN F00000156590
    UPID US27-0830725
    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
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    Blend (final) Blend
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    Owner & transaction history
    STEVEN R COCKERUM
    STEVEN R COCKERUM
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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