Technical
Financial
Distress signals
Property profile

3340 Main St Iona, ID 83427

OFF-MARKET
Commercial real estate
Property ID
US27-0282270
0.8 ac lot
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 0.8-acre property, located at 3340 N Main St in Iona, Idaho (zip code 83427), presents a remarkable mixed-use development opportunity. Situated on a highly visible hard corner of Main Street, this parcel is ideally positioned within a thriving residential neighborhood. The property is zoned for mixed use, offering considerable flexibility for a variety of commercial and residential projects. City services are readily available, simplifying the development process. The land is conveniently located just 10 minutes from Idaho Falls, providing easy access to a larger population center and its amenities. This prime location in rapidly growing Bonneville County ensures strong potential for future appreciation and a high return on investment. The APN is RPC3180002004G. The asking price for this exceptional development opportunity is $249,900. Don't miss this chance to capitalize on the growth of Iona and Bonneville County. This is a rare opportunity to acquire a strategically located mixed-use parcel in a desirable area.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.8 ac (34,892 SF)
APN RPC3180002004G
UPID US27-0282270

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
  • Cafe & Coffee Shop Take-out & Catering

Location

3340 Main St Iona, ID 83427-7755
Iona metro Census 970402 IDAHO FALLS, ID METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2021
5 recorded transactions
2021
Price N/A
2008
Price N/A
2007
Price N/A
2006
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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