TBD Hwy 52

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TBD Hwy 52

Emmett, ID 83617
Asking Price
$3.96M
Asset Type
Commercial Mixed-use
Class
Class B

What's Special

Mixed Use <ul><li>​Designated for Business Mixed-Use future land use in Gem County</li><li>​County zoning allows for 1-acre minimum residential lots</li><li>​Qualifies for permitted access from Idaho State Highway 52</li><li>​Existing cell tower provides annual rental income</li><li>​Flat, usable land well-suited for a variety of site layouts and development plans</li><li>​Approx 7,000 - 10,000 vehicles per day along Hwy 52</li></ul>

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NOI
$80,000
Cap Rate
2.02%
DSCR
0.34
Underwater
Cash-on-Cash
-13.06%
Monthly Payment
$19,616.657
Annual Cash Flow
$-155,399.879

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