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3278 E 3700 N

1.24 Acres of Industrial Land Offered at $475,000 in Kimberly, ID 83341

Property Facts

Price $475,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use Industrial
Total Lot Size 1.24 AC

1 Lot Available

Lot

Price $475,000
Price Per AC $383,064.52
Lot Size 1.24 AC

This unique investment property is a versatile piece of real estate, combining both residential and industrial attributes. Located in a prime industrial area, this property boasts a strategic location within Twin Falls.

Description

This unique investment property is a versatile piece of real estate, combining both residential and industrial attributes. Located in a prime industrial area, this property boasts a strategic location within Twin Falls (annexed into city of TF), making it highly attractive for businesses seeking a convenient industrial presence. The property is zoned M2 (Heavy Industrial). The property currently features two residential homes on 1.24 acres. Original house offers lots of character and could be leased out for approximately $1400/month or torn down to use this property as desired. Second home on property is a trailer home that is rented for $850 with potential of being $1000-$1100 per month. Property is on well/septic but available to hook up to city services. This property offers a unique investment opportunity due to its dual-purpose nature. Investors can benefit from rental income while exploring options for industrial use/development in the future.

zoning

Zoning Code M2 (Heavy Industrial)
M2 (Heavy Industrial)
  • Listing ID: 33490015

  • Date on Market: 10/11/2024

  • Last Updated:

  • Address: 3278 E 3700 N, Kimberly, ID 83341

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