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4523 SE THIRD AVE
NEW PLYMOUTH, ID 83655-5312
Asking Price
$2.20M
Asset Type
Agricultural Mixed-use
Class
Class B
What's Special
Commercially Zoned Land - Subdividable into 1+ acre lots <p>Western parcel already zoned commercial. The eastern parcel needs a simple rezone aligning with the Comp Plan - Commercial zoning designation significantly reduce pre-development risk, timeline, and cost for the incoming developer.</p><ol><li><strong>The "Gateway" Factor:</strong> primary route to New Plymouth. Less than a mile from I84, Exit 9.</li><li><strong>Turn-Radius/Acreage:</strong> 42-acre contiguous footprint allows for <strong>full 53' trailer turnarounds.</strong></li><li><stro
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NOI
$80,000
Cap Rate
3.64%
DSCR
0.61
Underwater
Cash-on-Cash
-7.67%
Monthly Payment
$10,884.4
Annual Cash Flow
$-50,612.796