650 6Th StPayette, ID 83661

Property Details for 650 6Th St

Year built

1965

Lot size

0.82 AC

Property size (Sq ft)

7,200 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

P1060003016A

APU

P1060003016A

Description

This exceptional 0.82-acre commercial lot presents a remarkable investment opportunity in the thriving city of Payette, Idaho. Located at the prominent address of 650 N 6th Street, this property offers significant potential for a wide range of commercial ventures. The expansive lot size provides ample space for development, allowing for flexibility in design and construction to suit diverse business needs. Its strategic location within Payette ensures high visibility and accessibility, attracting significant foot traffic and customer engagement. The property's zoning allows for a variety of commercial uses, making it an ideal choice for entrepreneurs and investors seeking a versatile and strategically positioned asset. The asking price of $499,000 represents a compelling value proposition, considering the property's size, location, and development potential within a growing market. This is a rare opportunity to acquire a substantial commercial lot in a desirable Idaho location, poised for significant future growth and return on investment. Serious inquiries are encouraged to explore the possibilities this prime property offers. The absence of existing structures provides a blank canvas for creating a bespoke commercial development tailored to specific business requirements. This presents a unique chance to build a property that perfectly aligns with your vision and operational needs. Don't miss this chance to secure a prime piece of Payette's commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $2,156,668

  6.5%

  $1,990,771

  7%

  $1,848,573

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,868,482

  Geo Method

  $3,868,482

• Alternative Use

  Use

  Valuation

  Residential

  $1,679,290

  Hospitality

  $1,538,220

  Educational

  $1,279,781

  Medical

  $1,323,795

  Retail

  $1,990,771

Location Insight

City

Payette

County

Payette

State

Idaho

Latitude

44.0817

Longitude

-116.938

CBSA code

36620

CBSA name

ONTARIO, OR-ID MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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