54 200 Jerome, ID 83338
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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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.