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Property profile

3107 Powers Ave Lewiston, ID 83501

FOR SALE
Investment properties
Property ID
US27-1122477
16,060 SF 22.42 ac lot Built 2013
Individually Owned 5-yr Hold Absentee Owner Free & Clear
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For Sale
Contact for pricing 16,060 SF
3107 Powers Ave, Lewiston, ID 83501
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Property summary

AI-generated overview

This exceptional 22.42-acre parcel presents a remarkable opportunity for commercial development in the thriving city of Lewiston, Idaho. Located at 3107 Powers Avenue, this expansive property boasts significant potential for a wide range of commercial ventures. Its generous size allows for substantial building footprints, ample parking, and potential for future expansion. The property's strategic location offers excellent visibility and accessibility, ensuring high traffic flow and convenient access for customers and employees. The address, 3107 Powers Avenue, places the land within a dynamic commercial corridor, providing proximity to established businesses and key transportation routes. This presents a unique chance to establish a new flagship location or expand existing operations. The asking price of $2,690,000 reflects the significant value and potential inherent in this prime commercial land. Given the size and location, this property is ideal for developers seeking a large-scale project or businesses looking to establish a strong presence in the Lewiston market. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The absence of existing structures provides a blank canvas for customized development, allowing for complete design flexibility and the creation of a truly bespoke commercial space. This is a rare opportunity to acquire a substantial land holding in a desirable location with significant upside potential. Don't miss out on this chance to secure a prime piece of Lewiston commercial real estate.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 2013
Total area 16,060 SF
Lot 22.42 ac (976,615 SF)
Zoning code AG
APN RP35N04W176900
UPID US27-1122477

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Brewery & Distillery Specialty Food Shop

Location

3107 Powers Ave Lewiston, ID 83501
Lewiston metro Census 960300 LEWISTON, ID-WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.37M

Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

Zoning & alternative use

AG · Lewiston, ID
Top alternative use upside
Office building $1.7M +15.5%
Auto repair, garage $1.6M +6.1%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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