Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    115 Emerald Way, Unit 22 Twin Falls, ID 83301

    Sponsored
    For Sale
    $745,504

    LAND - Twin Falls, ID

    Lot size:
    1.07 Acres
    Days on Market:
    1
    Last Refresh:
    Jan 21 at 11:06 am

    Property Features for 115 Emerald Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    BC/C
    APN
    RPT00710010220A
    Lot size
    1.07 Acres

    We can help!

    Listing Contact
    Mark E Jones
    Mark E Jones

    Engel & Volkers Sun Valley (208) 928-7223

    Listing agent Mark E Jones

    Listing date Jan 21, 2026

    MLS# 22-330138 Listing URL

    Copyright © 2026 Sun Valley Board 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.

    Learn more

    Property Insight Report

    Overview

    Commercial Land in High Traffic Area

    This commercial land lot, situated in a high-traffic area near medical offices and other retailers, is available for purchase. The property is located at the intersection of Addison Ave E and Carriage Lane. Atlas Drive road has been installed on the north side of the lots. Curb, cutter, and sidewalk are present on the south side along Addison Ave E. The lot size is 1.07 acres and is zoned BC/C.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Twin Falls
    County
    Twin Falls
    State
    Idaho
    Longitude
    -114.431439
    Latitude
    42.563409

    Nearby Similar for Sale

    • $2,000,000
      5,066 SF

      Ambulatory Surgery Facility For Sale

      5,066 SF ambulatory surgery facility ideal for medical use.
      1880 Fillmore St, Twin Falls, ID 83301
      View Details
    • $1,850,000
      13,128 SF

      Fully Leased Investment Office Building

      Investment opportunity: fully leased office building in Twin Falls, ID.
      260 Falls Ave, Twin Falls, ID 83301
      View Details
    • $420,000
      Pending

      Twin Falls Duplex Investment Opportunity

      Well-maintained duplex in Twin Falls with strong rental history.
      1010/1014 Locust St N, Twin Falls, ID 83301
      View Details
    • $1,620,000
      9,092 SF

      Twin Falls Multifamily Investment Opportunity

      Nine residential units for sale in Twin Falls, Idaho.
      259 85, Twin Falls, ID 83301
      View Details
    • $319,000
      1,678 SF

      Salon Building in Twin Falls

      Turn-key salon building in a high-traffic location.
      444 N Washington St, Twin Falls, ID 83301
      View Details
    • $439,000
      Pending

      Twin Falls Duplex with Apartment

      Multi-unit property with rental history, hardwood floors, and updated features.
      1922 Shoup Ave E, Twin Falls, ID 83301
      View Details
    • $385,000
      585 SF

      Twin Falls Duplex Near CSI

      Duplex near CSI, parks, and stores with income potential.
      799 Northview Dr, Twin Falls, ID 83301
      View Details
    • New
      $219,000
      960 SF

      Twin Falls Home: Move-In Ready

      Move-in ready home or investment property in Twin Falls, Idaho.
      319 Jackson St, Twin Falls, ID 83301
      View Details
    • $658,000
      6,814 SF

      Downtown Twin Falls Commercial Building

      Three-level commercial building in downtown Twin Falls with value-add potential.
      200 3Rd Ave East, Twin Falls, ID 83301
      View Details
    • New
      $525,000
      Pending

      Twin Falls Income-Producing Quadplex

      Income-producing quadplex with growth potential bordering a city park.
      351 Lois St, Twin Falls, ID 83301
      View Details
    • New
      $1,050,000
      3,880 SF

      Twin Falls Commercial Property For Sale

      High-visibility commercial property suitable for retail, office, or mixed-use.
      703 N Washington St, Twin Falls, ID 83301
      View Details
    • $500,000
      Pending

      Twin Falls Triplex Investment Opportunity

      Triplex with upgrades, commercial zoning, and income potential.
      195 Washington St N, Twin Falls, ID 83301
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land available in high-traffic area near medical offices.
    Where is this commercial land located?
    The property is located at 115 Emerald Way, Unit 22 Twin Falls, ID.
    What is the asking price?
    The asking price for this property is $745,504.
    What are key features of this property?
    This property features: - High traffic location ideal for commercial development.; - Proximity to medical offices and retailers.; - Intersection location at Addison Ave E and Carriage Lane.
    (208) 308-3030
    Request Owner's contact information
    115 Emerald Way, Unit 22 Twin Falls, ID 83301
    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.
    115 Emerald Way, Unit 22
    Twin Falls, ID 83301
    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
    115 Emerald Way, Unit 22 Twin Falls, ID 83301
    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

    We can help!
    Listing Contact
    Mark E Jones
    Mark E Jones
    Real Estate License ID: AB16735
    (208) 308-3030
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.