Land Investment Opportunity

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 29968030
Property Subtypes: Industrial, Other
Status: Pending
Gross Land Area: 49.48 Acres
Sale Price: $450,000
Unit Price: $9,094 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 9/19/2017

Overview / Comments

3 parcels totaling 49.48 Acres just 2.5 miles north of Blanchard, Idaho and 10 miles south of Newport, WA. Easy access from Highway 41. Property has a 300+ GPM well. Owner asserts approximately 50k in net marketable timber (200 mbf) on the acreage. No deed restriction on mining. Seller conservatively estimates 3,500,000 tons of material. Possible material extraction lease with county. Zoned R-5 in Bonner County.

Additional Details

Nearest MSA: Sandpoint
County: Bonner
Tax ID/APN: RP54N05W071280A, RP54N05W071550A, RP54N05W072250A
Zoning: R-5
Property Located Between: Roberts Lane and Akre Heights Drive
Property Visibility: Excellent
Largest Nearby Street: Highway 41
Feet of Frontage: 1,320
Highway Access: Highway41
Lot Frontage: 1320
Topography: Hilly
Available Utilities: Electric, Water, Cable, Other
Water Service: Well

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,616 3,212
Median Age: 49.55 47.88
Households: 685 1,308
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