1223 16th St Fruitland, ID 83619-2257
Property summary
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
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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