400 Main St Jerome, ID 83338-2234
This exceptional 0.36-acre commercial lot presents a unique investment opportunity in the thriving city of Jerome, Idaho. Situated at 400 W Main St., this property boasts a highly desirable location with excellent visibility and accessibility. The expansive lot offers significant potential for a variety of commercial ventures, from retail spaces to office buildings, or even a mixed-use development. Its prime location ensures high foot traffic and easy access for customers and employees. The address, 400 W Main St., places the property within a dynamic commercial corridor, offering proximity to other established businesses and services. The absence of existing structures allows for complete design flexibility, enabling the creation of a custom-built development tailored to specific business needs. This presents a rare chance to build a property that perfectly aligns with your vision and maximizes return on investment. The asking price of $795,000 reflects the exceptional value and potential of this strategically located commercial lot. Don't miss this opportunity to secure a prime piece of Jerome real estate. Serious inquiries only.
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
Similar Nearby for Lease
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.