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Property profile & analytics
OFF-MARKET
Retail space

16 Idaho Ave Homedale, ID 83628

800 SF 0.07 ac lot Built 1948
Individually Owned 6-yr Hold Free & Clear
Property ID
US27-0653115
Property summary
AI-generated overview

This exceptional commercial property, located at 16 W Idaho in Homedale, Idaho, presents a unique investment opportunity. The 0.07-acre lot offers significant potential for a variety of commercial ventures. Its prime location in Homedale provides excellent visibility and accessibility, making it an ideal site for businesses seeking a strong foothold in this growing community. The property is priced competitively at $59,900, representing an attractive entry point into the Homedale commercial real estate market. The absence of existing structures allows for complete design flexibility, enabling prospective buyers to tailor the development to their specific business needs and vision. This blank canvas presents a chance to create a bespoke commercial space, perfectly suited to the demands of a modern business. Given the size and location, this lot is suitable for a range of uses, from small retail outlets to service-based businesses. The property's affordability makes it an especially compelling option for entrepreneurs and investors seeking a cost-effective entry into the commercial real estate sector. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is ready for immediate development, allowing for a swift turnaround from purchase to operational status. Don't miss this chance to secure a valuable piece of Homedale's commercial landscape.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1948
Total area 800 SF
Lot 0.07 ac (3,136 SF)
APN RPA00100690070
UPID US27-0653115
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Michael E Harris · 6 yrs held
Michael E Harris
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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