Property profile

1552 Midway Ave 3 Ammon, ID 83406

OFF-MARKET
Commercial real estate
Property ID
US27-0283538
2,400 SF 0.27 ac lot Built 2006
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 1552 Midway Avenue in Ammon, Idaho, presents a unique opportunity for investors and developers. The lot encompasses 0.03 acres of land, offering significant potential for a variety of commercial ventures. Its strategic location within Ammon provides excellent visibility and accessibility, making it an ideal site for businesses seeking high foot traffic and convenient access for customers. The property's "Other" classification allows for a wide range of development possibilities, subject to local zoning regulations. The absence of existing structures on the lot provides a blank canvas for customized construction, allowing for the creation of a building perfectly tailored to specific business needs. Given the limited size, this lot is particularly well-suited for smaller-scale commercial projects, such as a small retail space, office building, or potentially a specialized service business. Interested parties are encouraged to conduct their own due diligence regarding zoning regulations and development possibilities. The property is offered at a price to be determined, providing a flexible entry point for prospective buyers. This is a rare opportunity to acquire a strategically located commercial lot in a thriving Idaho community. Serious inquiries are welcome. Further details regarding the property's potential uses and development options can be obtained through the appropriate channels.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL CONDOMINUIM
Year built 2006
Construction WOOD
Total area 2,400 SF
Lot 0.27 ac (11,835 SF)
APN RPB8610000003O
UPID US27-0283538

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1552 Midway Ave, Unit 3 Ammon, ID 83406-6912
Ammon metro Census 970505 IDAHO FALLS, ID METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2013
6 recorded transactions
2019
Price N/A
2013
Price N/A
2012
Price N/A
2012
Price N/A
2007
Price N/A
2006
Price N/A

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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