24777 Highway 93 N Challis, ID 83226
For Sale
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This exceptional 5.6-acre commercial parcel presents a remarkable opportunity for development. Strategically located just north of Challis, Idaho, on Highway 93, this property boasts significant highway frontage, ensuring high visibility and accessibility. The land is ready for immediate development, eliminating the need for extensive site preparation. Its expansive size allows for a wide range of commercial ventures, from retail establishments and restaurants to light industrial uses or even a mixed-use development. The possibilities are truly limitless, given the property's prime location and ample space. The asking price of $199,900 represents an attractive investment in a growing area. This is a rare chance to acquire a substantial commercial property in a desirable location with excellent highway exposure. The absence of existing structures allows for complete design flexibility, tailoring the development to perfectly meet your specific business needs. Don't miss this exceptional opportunity to establish your business in a thriving community. Serious inquiries are encouraged to explore this promising investment. The property is conveniently situated for easy access to Challis and surrounding areas, offering significant potential for growth and return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.