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About this lot
This lot for sale at 650 N STATE ST Preston, ID 83263 has been listed at $789,000 and has been on the market for 12 days.
Full description
This is a great investment opportunity in a fast growning part of town. Buy it for your current commercial interest or buy it and hold it as a future investment. This property is 7.76 +/- acres, has about 108 feet of frontage onto North State Street and has 15 shares of consolidated water. The home could be rented until you are ready to make a move on the property.
Property highlights
- This is a great investment opportunity in a fast growning part of town. .
- Buy it for your current commercial interest or buy it and hold it as a future investment. .
- Expansive 7.76 acre estate lot offers endless possibilities.
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Start your searchProperty details
- Property Type
- Land
- Sub-type
- Commercial
- Status
- Active
- Days on Market
- 12
- Stories
- 0
- Lot Size
- 7.76 acres
- Parking Total
- 0.00
- County
- Franklin
- City
- Preston
- Zoning
- Commercial
- Tax Annual
- $1,200
- Preferred Financing
- Cash,Conventional,Exchange
- Parcel #
- RP05435.00 , .01
- MLS Area
- FRANKLIN
- Listed By
- Cornerstone Real Estate Professionals/Idaho
Garage & parking
- Parking total
- 0.00
- Covered spaces
- 0.00
Land description
- Terrain: Flat
Utilities
- Natural Gas Connected
- Electricity Connected
- Sewer Connected
Additional features
Sewer
- Sewer: Connected
Current use
- Commercial
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Start your searchSchools
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Pioneer
PRESTON JOINT
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Preston
PRESTON JOINT
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Preston
PRESTON JOINT
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Neighborhood
Walk · Transit · Bike
Most errands require a car. Minimal public transit available. It's convenient to use a bike for a few trips.
Price History
Date
Price
Change
Change %
10/30/2025
$789,000
Listed
—
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Location
Preston, ID · approximate location
Listed by: Mark W Beckstead · Cornerstone Real Estate Professionals/Idaho. 208-852-3000.
Source: UtahRealEstate.com.
Information deemed reliable but not guaranteed. All measurements and calculations of area should be independently verified.
Based on information from UtahRealEstate.com as of Jul 21, 2026. 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. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Publisher's notice: All real estate advertised herein is subject to the Federal Fair Housing Act and Utah Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.
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Preston market context
How this property sits against recent sales in the area.
This listing: $789,000 — 388.5% above the median sale price.
Preston market — Land
What homes are doing.
Latest data through June 2026.
Median sale price
$161,500
-39.1% year over year
Median days on market
1371
+1327 days year over year
Sale-to-list ratio
98.8%
+2.31pp year over year
Homes sold last month
2
0 year over year
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