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122 S STATE, Franklin, ID — photo 11 / 62

$1,250,000

122 S STATE, Franklin, ID 83237

Subtype

Office

Building SF

$/SF

Lot

2.23 ac

Property Details

Property typeCommercial Sale
SubtypeOffice
Building SF
Year built1964
Lot size2.23 acres
ZoningMulti-Family · COMM
Current useOffice
Taxes (annual)$2,480
Days on market19
Listed2026-08-14T00:00:00+00:00

Description

Discover a unique residential and income-producing property with excellent visibility and convenient highway access! This property features a spacious 2,664 sq. ft. home with 3 bedrooms and 2.5 bathrooms, offering multiple living spaces and plenty of flexibility. The home has also served as the office for the adjoining mobile home and RV park, making it ideal for an owner/operator or on-site manager. The adjoining park includes 12 mobile home pads and 12 RV pads, providing an established setup with multiple potential income streams. Conveniently located right off the highway, the property offers easy access for residents and RV guests alike. A shop area located behind the home provides additional workspace, storage, or room for equipment. Whether you're looking for an investment opportunity, business venture, or a property where you can live and operate your business from one convenient location, this versatile property offers tremendous possibilities. Don't miss the opportunity to own a property that combines residential living, commercial functionality, and income potential all in one!

Listed by Amber Almond · Cornerstone Real Estate Professionals/Idaho

Location

122 S STATE, Franklin, ID 83237

Cap Rate Calculator

Underwrite this property at a glance. Adjust NOI, vacancy, and OpEx to model your own assumptions.

Cap Rate

5.25%

$/SF

GRM

11.8

Purchase price
$
Gross scheduled income
$/yr
Vacancy5%
Operating expense ratio35% ($35,328)
Effective gross income$100,938/yr
Operating expenses$35,328/yr
Derived NOI$65,609/yr

Cap rate estimates are based on assumptions, not guaranteed, and should not be relied upon. Buyers must verify all information — including NOI, OpEx, lease terms, and rent rolls — directly with the seller or listing agent.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 9/2/2026, 7:01:43 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.