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.