20201 Simplot Boulevard

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20201 Simplot Boulevard

Caldwell, ID 83607
Asking Price
$3.00M
Asset Type
Agricultural Land
Class
Class B

What's Special

450+/-' Rail Frontage - Can be combined with two other properties totaling 29 acres for all three. <ul><li>​Excellent opportunity to utilize the existing home, shop, and manufactured home (rented currently) to generate income in the short term while you execute your plan to develop the property for the future</li><li>​This 7.43+/- acre parcel is currently zoned Agriculture; however, the future land use is designated as Industrial in the Canyon County Comprehensive Plan's future land use map</li><li>​Roughly 450 feet of rail frontage offers many potential uses</li><li>​When combined with the a

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NOI
$80,000
Cap Rate
2.67%
DSCR
0.45
Underwater
Cash-on-Cash
-10.90%
Monthly Payment
$14,842.363
Annual Cash Flow
$-98,108.358

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