Garage, Income Potential
1957 Jordan Valley Live-Work Property with Highway Retail and Garage — $134,900
6
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 7 | Live-work zoning, 2,000 sqft retail, 1,000 sqft garage, character residence with clawfoot tub |
| Condition | 25% | 5 | Roof ~10 years old, new water heater/washer-dryer; residence systems partially confirmed, storefront unknown |
| Price / Sq Ft | 15% | 10 | Listing $34/sqft vs zip median $175/sqft (5 comps, thin but directional); 80%+ below median |
| Price vs. Market | 5% | 6 | $134,900 vs zip median $200,441 — approximately 33% below; thin 2-sale market |
| Market Conditions | 5% | 8 | Sale-to-list 78.3%, price drops 33.3%, DOM 22 days zip median — strong buyer signals |
The math here is what stops you. At $34 a square foot, this property comes in at roughly a fifth of the zip code's median price per square foot. That kind of gap usually means something is seriously wrong. Here, it seems to mean Jordan Valley is remote, the market is thin, and the building needs someone willing to figure out what they have.
What you actually get is 3,925 square feet across three structures: a 1,000 square foot residence, a 2,000 square foot highway-front retail storefront, and a 1,000 square foot standalone garage. The property is zoned C-RSC, which covers live-work use, so you could sleep in the back and run something out of the front without fighting with a zoning board about it.
The residence, built in 1978, is the most interesting part on paper. Handcrafted woodwork, period moldings, a clawfoot tub, a library. It has a full kitchen, living room, gas stove, and a separate shower. The water heater and washer-dryer are new. The roof is about ten years old and the owner says it is in good shape. Electricity runs around seven cents per kilowatt hour, which is low. The gas heat is plumbed in but not confirmed as fully operational. The storefront systems are described as unknown, which means you are buying that part without a clear picture of what works.
The retail building sits directly on US Highway 95 with roughly 3,000 vehicles passing per day. There is a casino less than 1,000 feet away, and a Love's Truck Stop is reportedly in development nearby. Whether that activity translates into real foot traffic for a storefront here depends on what you sell and whether you want to find out.
The honest version of this property is a 1,000 square foot home with attached potential and real uncertainty. The prior inspection is available, and you should read it. But at $134,900 for everything, including the garage and the highway frontage, the price leaves room to answer some of those questions after closing.
