Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    LOT 16 BLOCK 1 THE RIDGE @ HIGH TERRACE - DIVISION 1 Pocatello, ID 83201

    View on Map
    For Sale
    $225,000

    Residential - Pocatello, ID

    Lot size:
    1.10 Acres
    Added:
    Mar 12, 2026
    Days on Market:
    23
    Last Refresh:
    Apr 3 at 4:06 pm

    Property Features for LOT 16 BLOCK 1 THE RIDGE @ HIGH TERRACE - DIVISION 1

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Standard status
    Active
    Lot size
    1.10 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Aaron Anderson

    Listing agent Aaron Anderson

    Listing office ReMax Country Real Estate 812 E Clark, Pocatello, ID

    Listing date Mar 12, 2026

    MLS# 581903 Listing URL

    Copyright © 2026 Greater Pocatello Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pocatello Residential Lot with Views

    This residential lot, situated at the top of Center Street in Pocatello, Idaho, offers views of the city, surrounding mountains, and sunsets. The property is located minutes from Idaho State University, Portneuf Medical Center, restaurants, local businesses, and I-15. The lot is located in an area with community trails suitable for walking and running. The property allows for custom home design. The lot size is 1.1 acres.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Pocatello
    County
    Bingham
    State
    Idaho
    Longitude
    -112.4099616
    Latitude
    42.8823863

    Nearby Similar for Sale

    • $550,000
      5,180 SF

      Pocatello Investment Property For Sale

      Commercial real estate investment property with leases in place until 2029.
      240 N 18th, Pocatello, ID 83201
      View Details
    • $475,000
      4,143 SF

      Pocatello Commercial Property For Sale

      Commercial property on over an acre, suitable for office use.
      844 Mckinley Avenue, Pocatello, ID 83201
      View Details
    • $750,000
      6,000 SF

      Turnkey Automotive Repair Facility

      Well-maintained automotive repair facility with high visibility and easy access.
      707 W Maple St, Pocatello, ID 83201
      View Details
    • $475,000
      4,143 SF

      Pocatello Commercial Property on Acreage

      Commercial property on over an acre suitable for office use.
      844 McKinley, Pocatello, ID 83201
      View Details
    • $714,900
      13,822 SF

      Iconic Pocatello Bar and Restaurant

      Turn-key bar and restaurant with investment opportunities.
      251 E Center, Pocatello, ID 83201
      View Details
    • $395,000
      2,500 SF

      Pocatello Commercial Space with Kitchen

      Versatile commercial space with kitchen in Pocatello, Idaho.
      314 N Main St, Pocatello, ID 83201
      View Details
    • $415,000
      1,440 SF

      Restaurant Opportunity on High-Traffic Corridor

      Turnkey restaurant with equipment included on a high-traffic road.
      2525 Pole Line Rd, Pocatello, ID 83201
      View Details
    • $400,000

      Pocatello Commercial Development Opportunity

      9.98 acre commercial parcel with high visibility and interstate access.
      0 S 5th Avenue, Pocatello, ID 83201
      View Details
    • $750,000
      3,440 SF

      Pocatello Commercial Building For Sale

      Excellent condition, high visibility building suitable for office, medical, retail.
      1541 E CLARK STREET, Pocatello, ID 83201
      View Details
    • $799,900
      5,472 SF

      Pocatello Commercial Building For Sale

      Well-maintained commercial building with potential uses in Pocatello, Idaho.
      427 N 4th, Pocatello, ID 83201-0000
      View Details
    • $1,100,000
      5,750 SF

      Prime Commercial Building on Yellowstone

      High-visibility Pocatello commercial building with flexible layout and ample parking.
      338 Yellowstone, Pocatello, ID 83001
      View Details
    • $495,000
      1,500 SF

      Pocatello Commercial Development Opportunity

      Commercial land for sale in Pocatello's growing south corridor.
      3233 Ave of the Chiefs, Pocatello, ID 83201
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot with sweeping views near ISU and amenities.
    Where is this residential land & home lot located?
    The property is located at LOT 16 BLOCK 1 THE RIDGE @ HIGH TERRACE - DIVISION 1 Pocatello, ID.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: Sweeping views of the city, surrounding mountains, and Idaho sunsets.; Prime location minutes from Idaho State University, Portneuf Medical Center, restaurants, local businesses, and I‑15.; Bring your own builder to design a custom home.
    (208) 223-2587
    We can help!
    Listing Contact
    Aaron Anderson
    Real Estate License ID: SP52617
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!