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Property profile & analytics
OFF-MARKET
Commercial real estate

220 Old Forest Rd Spirit Lake, ID 83869

15.63 ac lot
Property ID
US27-1048216
Property summary
AI-generated overview

This exceptional 15.63-acre property, located at 220 Old Forest Road in Spirit Lake, Idaho (zip code 83869), presents a unique investment opportunity. Zoned for both industrial and commercial use, this fee-simple land boasts direct frontage on Highway 41 and borders Idaho State land, offering unparalleled accessibility and strategic positioning. The flat, treed land is priced at $50,000 per acre, totaling $781,500. Electricity is readily available on-site. While water access may be available across the highway, potential buyers are advised to independently verify its availability. The property's versatility allows for either development as a single large parcel or subdivision into smaller lots, catering to diverse project needs. This highly desirable location is ideal for a wide range of commercial and industrial ventures. The seller is open to considering a trade for income-producing properties. This is a rare chance to acquire a significant land holding in a rapidly growing area. Don't miss this opportunity to secure a cornerstone for your next successful project.

Property profile
Verified
Property type Commercial real estate
Lot 15.63 ac (680,843 SF)
UPID US27-1048216
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
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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