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. The M2 zoning adds substantial long-term value.
Kimberly is located in Idaho. Kimberly, Idaho has a population of 3,637. Kimberly is more family-centric than the surrounding county with 46.68% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Kimberly, Idaho is $49,987. The median household income for the surrounding county is $49,118 compared to the national median of $57,652. The median age of people living in Kimberly is 33.1 years.
The average high temperature in July is 89.5 degrees, with an average low temperature in January of 21.4 degrees. The average rainfall is approximately 10.5 inches per year, with 27.2 inches of snow per year.