3107 Powers AveLewiston, ID 83501

Property Details for 3107 Powers Ave

Year built

2013

Lot size

22.42 AC

Property size (Sq ft)

16,060 SF

Zone code

AG

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

RP35N04W176900

APU

RP35N04W176900

Description

This exceptional 22.42-acre parcel presents a remarkable opportunity for commercial development in the thriving city of Lewiston, Idaho. Located at 3107 Powers Avenue, this expansive property boasts significant potential for a wide range of commercial ventures. Its generous size allows for substantial building footprints, ample parking, and potential for future expansion. The property's strategic location offers excellent visibility and accessibility, ensuring high traffic flow and convenient access for customers and employees. The address, 3107 Powers Avenue, places the land within a dynamic commercial corridor, providing proximity to established businesses and key transportation routes. This presents a unique chance to establish a new flagship location or expand existing operations. The asking price of $2,690,000 reflects the significant value and potential inherent in this prime commercial land. Given the size and location, this property is ideal for developers seeking a large-scale project or businesses looking to establish a strong presence in the Lewiston market. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The absence of existing structures provides a blank canvas for customized development, allowing for complete design flexibility and the creation of a truly bespoke commercial space. This is a rare opportunity to acquire a substantial land holding in a desirable location with significant upside potential. Don't miss out on this chance to secure a prime piece of Lewiston commercial real estate.

• CAP approach

  CAP return

  Valuation

  6%

  $3,666,699

  6.5%

  $3,384,645

  7%

  $3,142,884

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,307,436

  Geo Method

  $5,307,436

• Alternative Use

  Use

  Valuation

  Residential

  $3,384,645

  Hospitality

  $3,100,316

  Educational

  $2,579,427

  Medical

  $2,668,138

  Retail

  $4,012,442

Location Insight

City

Lewiston

County

Nez Perce

State

Idaho

Latitude

46.3703

Longitude

-116.867

CBSA code

30300

CBSA name

LEWISTON, ID-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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