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For Sale

Parma Development Land

28403 Wamstad Rd,
Parma, ID 83660

Asset Snapshot

1888
Year Built
1
Floor Count
1
Building Count
18.76 Acres
Land Area

Offering Summary

Investment Overview

Introducing a rare investment opportunity in Parma, ID: a 672 SF building on ±18.76 acres of prime AG-zoned land. Built in 1888, this property offers endless potential for a discerning land or office investor. Recently annexed into the City of Parma, this site is positioned for future commercial and employment-focused development. With convenient access to Highway 20/26 and frontage along Roswell Boulevard, it is ideal for a grocery store, farm and ranch retailer, or other essential-service user. This strategic location presents the potential for larger-format retail, complementary commercial users, or phased mixed-use development over time.


Investment Highlights

  • ±18.76-acre commercial development opportunity adjacent to downtown Parma with frontage along Roswell Boulevard and convenient access to Highway 20/26.
  • Prime opportunity for a grocery store, farm and ranch retailer, or other essential-service user, supported by $44.2 million in annual grocery spending within a 10-mile radius.
  • Recently annexed into the City of Parma, further positioning the site for future commercial and employment-focused development.
  • Opportunity to bring needed retail and everyday services closer to Parma residents, with households within 10 miles projected to grow 5.5% by 2031.
  • Strategic location offers the potential to draw customers from throughout Western Canyon County and Eastern Oregon, extending the site’s reach beyond the immediate
  • Parma market.
  • Site uniquely positioned to provide ample flexibility for a larger-format retail destination, complementary commercial users, or phased mixed-use development over time.

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Listing Syndicated From

Buildout
Accepting Offers
$1,634,000
Asking Price

Market Insights