140 State St Shelley, ID 83274
- Commercial real estate
- 0.17 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 140 State St
- Lot size
- 0.17 lot acres
- Zone code
- CB
- Property type
- Commercial real estate
- APN
- RP2019500
- APU
- RP2019500
Description
This exceptional commercial property, located at 140 State Street in the heart of Shelley, Idaho, presents a unique investment opportunity. The building boasts over 12,000 square feet of versatile space, ideal for a variety of uses including retail, a reception venue, or office space. The main floor is highlighted by large, attractive glass windows along the front, perfect for showcasing products or services. Approximately three-quarters of the main floor features beautiful hardwood flooring. A large overhead garage door at the rear of the building provides convenient loading access. Two bathrooms and a small storage area add to the main floor's functionality. Access to the basement is provided by two staircases
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $355,000
- 6.5%
- $325,000
- 7%
- $370,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $335,000
- Geo Method
- $305,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $420,000
- Retail
- $330,000
- Mixed-Use
- $375,000
- Hospitality
- $365,000
- Educational
- $365,000
- Residential Income
- $340,000
- Energy
- $340,000
- Income-Based Land
- $315,000
- Food Service
- $330,000
Location Insight
- Map
- Local Demand
- City
- Shelley
- County
- Bingham
- State
- Idaho
- Longitude
- -112.124
- Latitude
- 43.3808
- CBSA code
- 13940
- CBSA name
- BLACKFOOT, ID MICROPOLITAN STATISTICAL AREA