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    Sage Realty Group

    189 N. Main St., Driggs, ID 83422
    (208) 354-9955
    Web Site
    Size: 10+ agents

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    Property Types

    • Land
    • Commercial Sale
    • Residential Multi Family

    Listings

    For Sale (27)

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    Driggs, ID Build-Ready Land
    $160,000
    0.28 Acres

    Driggs, ID Build-Ready Land

    0.28-acre parcel in Shoshoni Plains, build your dream retreat.

    1025 Cahuilla Rd, Driggs, ID 83422
    View details
    Spacious Lot with Teton Views
    $265,000
    3.74 Acres

    Spacious Lot with Teton Views

    3.74-acre lot with Teton Range, valley, and mountain views.

    9370 Luster Ct, Tetonia, ID 83452
    View details
    Industrial Lot with Highway Frontage
    $1,550,000
    1.40 Acres

    Industrial Lot with Highway Frontage

    1.4+/- acre industrial-zoned building site with Highway 33 frontage.

    457 Casper Dr, Driggs, ID 83422
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    Industrial Lot with Highway Frontage
    $1,550,000
    1.40 Acres

    Industrial Lot with Highway Frontage

    Prime industrial lot with excellent visibility and highway access.

    457 Casper Dr, Driggs, ID 83422
    View details
    Victor, ID Land Parcel
    $275,000
    1.87 Acres

    Victor, ID Land Parcel

    1.87 acres of land with mountain views near downtown.

    7721 Spoon Creek Dr, Victor, ID 83455
    View details
    10 Acres with Teton Views
    $225,000
    10.00 Acres

    10 Acres with Teton Views

    Rare 10-acre parcel with Teton views and highway access.

    Highway 32, Lamont, ID 83420
    View details
    Treed Lot in Teton Valley
    $355,000
    3.46 Acres

    Treed Lot in Teton Valley

    3.46 acre treed lot near Victor, ID.

    4790 Huckleberry Dr, Victor, ID 83455
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    Residential Land in Fox Meadows
    $275,000
    2.51 Acres

    Residential Land in Fox Meadows

    2.51-acre lot with mature trees, Teton views.

    1234 Dairy Ct, Victor, ID 83422
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    Tetonia, ID Land For Sale
    $139,000
    1.00 Acre

    Tetonia, ID Land For Sale

    Land in Grand Teton Estates, near National Forest.

    280 Wolverine Way, Tetonia, ID 83452
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    Historic Building on Main Street
    $499,000
    2,790 SF

    Historic Building on Main Street

    Historic commercial building in need of repairs on Main Street.

    28 S Main St, Victor, ID 83455
    View details
    Wyoming Land Near Grand Targhee
    $550,000
    2.49 Acres

    Wyoming Land Near Grand Targhee

    2.5-acre buildable lot near Grand Targhee Resort.

    1260 S Sorensen Way, Alta, WY 83414
    View details
    Driggs, ID Land with Views
    $399,000
    5.15 Acres

    Driggs, ID Land with Views

    5+ acres near Teton River, National Forest, and Ski Resort.

    6135 W 1400 N, Driggs, ID 83442
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    Driggs Land with Teton Views
    $399,000
    5.33 Acres

    Driggs Land with Teton Views

    5+ acres near Teton River, trails, and ski resort.

    6053 W 1400 N, Driggs, ID 83442
    View details
    7.65 Acres in Driggs, ID
    $475,000
    7.65 Acres

    7.65 Acres in Driggs, ID

    7.65-acre parcel near Driggs, ID, with Grand Targhee views.

    S Stateline Rd, Driggs, ID 83422
    View details
    Teton Valley Log Cabin Investment
    $1,600,000
    2,200 SF

    Teton Valley Log Cabin Investment

    Multi-family property with four log cabins on 1.05 acres.

    4760 500 W, Victor, ID 83455
    View details
    Tetonia, ID Building Site
    $124,000
    1.00 Acre

    Tetonia, ID Building Site

    One-acre building site near Teton River and National Forest.

    4129 Saddle Bluff Trl, Tetonia, ID 83452
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    6.56 Acres in Teton Saddleback
    $340,000
    6.56 Acres

    6.56 Acres in Teton Saddleback

    6.56-acre lot for a Teton Valley getaway.

    344 Lone Cowboy Rd, Driggs, ID 83422
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    Victor, ID Land Parcel
    $349,000
    7.05 Acres

    Victor, ID Land Parcel

    7-acre parcel in desirable Cherry Grove neighborhood.

    2020 Cherry Grove Ln, Victor, ID 83455
    View details
    Homesite Near Downtown Driggs
    $181,500
    0.32 Acres

    Homesite Near Downtown Driggs

    Corner lot in Calico Sky subdivision, close to amenities.

    954 Farmers Trl, Driggs, ID 83422
    View details
    Driggs, ID Home Site
    $249,000
    2.53 Acres

    Driggs, ID Home Site

    Beautiful home site with mountain views and flexible use.

    2657 Rendezvous Dr, Driggs, ID 83422
    View details
    Driggs, ID Building Site
    $185,000
    0.53 Acres

    Driggs, ID Building Site

    Building site near downtown Driggs with city utilities.

    1014 Dusty Trail Rd, Driggs, ID 83422
    View details
    Tetonia, ID Homesite with Views
    $194,000
    1.00 Acre

    Tetonia, ID Homesite with Views

    One-acre homesite with Teton and Big Hole Mountain views.

    4069 Saddle Bluff Trl, Tetonia, ID 83452
    View details
    Teton Valley Land with Views
    $280,000
    2.69 Acres

    Teton Valley Land with Views

    Premier lot with mountain views, suitable for various residences.

    9578 Buck Town Blvd, Tetonia, ID 83452
    View details
    Tetonia, Idaho View Lot
    $275,000
    2.50 Acres

    Tetonia, Idaho View Lot

    2.5-acre lot with Grand Teton views near recreation.

    2662 Emmie Ln, Tetonia, ID 83452
    View details
    Alta Wyoming Land Parcel
    $1,100,000

    Alta Wyoming Land Parcel

    10-acre parcel near Grand Targhee Resort and Driggs.

    10-ac Stateline Rd, Alta, WY 83414
    View details
    Land For Sale Tetonia, ID
    $194,000

    Land For Sale Tetonia, ID

    Land available in Tetonia, ID.

    4069 Saddle Bluff Trl, Tetonia, ID 83452
    View details
    Land For Sale
    $124,000

    Land For Sale

    Land available in Tetonia, Idaho.

    4129 Saddle Bluff Trl, Tetonia, ID 83452
    View details

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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Sage Realty Group
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