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1223 16th St Fruitland, ID 83619-2257

OFF-MARKET Warehouses Google Maps
2,680 SF 2.02 ac lot Built 1980
Individually Owned Absentee Owner Free & Clear
Estimated value (blended)
$275k
Range $248k – $303k (±10%)
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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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