1221 Overland AveBurley, ID 83318

  • Commercial real estate
  • 0.07 AC
For Sale
$750,000 View listing

Property Details for 1221 Overland Ave

Lot size
0.07 AC
Property type
Commercial real estate
APN
RPBB0011210110
APU
RPBB0011210110

Description

This exceptional commercial property located at 1221 Overland Ave, Burley, ID, presents a unique investment opportunity. Boasting a substantial 8,000 square feet of space, the building is thoughtfully divided into three levels, each approximately 2,666 square feet. The main floor is currently configured as a retail space, offering immediate income potential or the flexibility to adapt to a variety of retail businesses. The upper level features a fully functional apartment, providing additional income streams or comfortable living quarters for an owner-operator. The basement level offers versatile space that can be utilized as storage, an additional apartment, or a combination of both, depending on the buyer's needs. Situated on a 0.07-acre lot, the property benefits from excellent visibility and accessibility. The building's substantial size and adaptable layout make it ideal for a wide range of commercial ventures, from retail and office spaces to mixed-use developments. The asking price is $750,000, representing a compelling value for a property with such significant potential. This is a rare opportunity to acquire a well-located, multi-functional commercial building in a thriving community. Don't miss out on this chance to own a piece of Burley's commercial landscape. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $773,305
    Hospitality
    $708,343
    Educational
    $589,333
    Medical
    $609,601
    Retail
    $916,741

Location Insight

City
Burley
County
Cassia
State
Idaho
Latitude
42.5376
Longitude
-113.793
CBSA code
15420
CBSA name
BURLEY, ID MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$584
$27,943
$33,618
$61,561
-
$27,943
$33,618
$61,561

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