4 Gannett Rd Bellevue, ID 83313
For Sale
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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.
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.