54 200 Jerome, ID 83338

Property Details for 54 200

Lot size

54.67 lot acres

Property type

Commercial real estate

Description

This exceptional 54.67-acre parcel presents a remarkable investment opportunity in Jerome, Idaho. Strategically located at 54 E 200 S, this property enjoys unparalleled visibility and accessibility, situated directly adjacent to a Walmart Supercenter and within close proximity to other retail establishments and the Jerome Industrial Park. The land is conveniently located off Interstate 84, ensuring seamless transportation and high traffic exposure. Zoned for industrial use, this versatile site offers a multitude of development possibilities, including retail shops, restaurants, offices, industrial facilities, construction condos, RV parks, multi-family housing, warehouses, distribution centers, or manufacturing plants. City services are readily available on-site, and the property is annexed into the City of Jerome. The asking price is $4,200,000, translating to a land value of $1.75 per square foot. The potential addition of a rail spur further enhances the property's logistical advantages. This high-visibility location, coupled with its proximity to major transportation arteries and established businesses, makes this a highly desirable investment for businesses seeking to capitalize on the thriving Magic Valley economy. Don't miss this chance to acquire a significant piece of commercial/industrial real estate in a rapidly growing area.