Sale Details
In a landmark transaction, we proudly facilitated the sale of a premium commercial vacant land located at Jacklin Ranch Commercial Park, in the thriving Highway 41 corridor in Post Falls, ID 83854. This significant deal underscores our commitment to excellence in the commercial real estate market.
Sale Price: $1,355,805
Price/Square Foot: $20.75
Address: Jacklin Ranch Commercial Park, Post Falls, ID 83854
Asset Class: Commercial Vacant Land
Lot Size: 1.5 Acres
This property was highly sought after due to its prime location and development potential, offering an excellent opportunity for future commercial ventures.
Building Specifications
As a vacant land sale, the property is a blank canvas for developers, with no existing structures. The lot spans 1.5 acres, providing ample space for a variety of commercial projects.
Lot Size: 1.5 acres
Zoning: Commercial (CCS)
Potential Building Size: Determined by zoning and development plans
Location Benefits
The property enjoys a prime location in Post Falls, known for its vibrant community and robust economic growth. Itβs surrounded by key local attractions and businesses, enhancing its appeal for potential development.
Attractions: Situated along the Highway 41 Corridor, a bustling area with easy access to retail, dining, and other amenities.
Transportation: Easy access to major highways and public transportation options.
Convenience: Proximity to major intersections and growing commercial hubs.
Sale Details
Price: $1,355,805
Price/Square Foot: $20.75
Price per Acre: $903,870 (calculated)
Buyer Name: Confidential
Seller Name: Medalist Development Inc.
Seller Type: Private Developer
Market Analysis
The local real estate market in Post Falls is witnessing significant growth, driven by a surge in commercial and residential development. This property fits seamlessly into current market trends, providing a rare opportunity for investment in a rapidly expanding area.
Trend: Rising demand for commercial properties.
Investment Opportunity: Potential for high returns in a developing market.
Growth: Increasing population and business influx.
Conclusion
This transaction highlights the exceptional value and potential of commercial vacant land in Post Falls. The sale of Jacklin Ranch Commercial Park serves as a testament to our expertise in navigating complex real estate transactions and delivering outstanding results for our clients.
Testimonial
βDonnie worked with me for over a year to find the perfect spot to construct a new building for my practice. He worked tirelessly until the sale closed. I would highly recommend him for anyone that needs to buy or sell commercial real estate.β
β PL, Satisfied Client
Berkshire Hathaway Jacklin Real Estate License #LC54285
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