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Property profile & analytics
FOR SALE
Auto shops

4 Gannett Rd Bellevue, ID 83313

6,000 SF 0.56 ac lot
Individually Owned Absentee Owner Free & Clear
Property ID
US27-0698842
Property summary
AI-generated overview

This exceptional light industrial building, situated on a prominent corner lot at the intersection of Main Street/Highway 75 and Gannett Road in Bellevue, Idaho, presents a unique investment opportunity. The property encompasses a substantial 6,000 square feet of space, currently divided into three separate, easily rentable units, offering flexibility for various business needs. The expansive 0.56-acre lot provides ample parking for tenants and/or significant storage space for materials and equipment, a considerable advantage for industrial operations. The building's location at the south end of Bellevue ensures high visibility and easy access to major transportation routes. Furthermore, prospective buyers should inquire about the Idaho Transportation Department's (ITD) planned re-orientation of Gannett Road. This project has the potential to significantly increase the property's land allocation, adding considerable value and future development possibilities. The asking price of $1,750,000 reflects the property's prime location, substantial size, and promising future development potential. This is a rare opportunity to acquire a well-positioned industrial property with significant upside.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Total area 6,000 SF
Lot 0.56 ac (24,394 SF)
APN RPB02750000020
UPID US27-0698842
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
MARVIN J BALIS
MARVIN J BALIS
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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