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

    2 Mile Canyon Rd Malad City, ID 83252

    View on Map
    Claim this Listing
    New
    For Sale
    $540,000

    Land Only, Other - Malad City, ID

    Type:Farm
    Lot size:
    74.50 Acres
    Added:
    Apr 11, 2026
    Days on Market:
    7
    Last Refresh:
    Apr 17 at 4:06 am

    Property Features for 2 Mile Canyon Rd

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Exterior features
    Full
    Standard status
    Active
    Lot size
    74.50 Acres

    Taxes and HOA fees

    Tax Annual Amount
    21

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Amy Rupp

    Listing agent Amy Rupp

    Listing office Berkshire Hathaway Home Services Intermountain Properties 496 S Main, Logan, ID

    Listing date Apr 11, 2026

    MLS# 582222 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

    74.5 Acres of Fenced Land

    Two parcels totaling 74.5 acres are located just south of Malad City along the east frontage road of I-15, offering access and visibility. The properties are fully fenced and suitable for pasture ground, livestock use, or agricultural operations. The land is also known to be a strong gravel source, presenting potential for additional income or business use. One parcel is situated north of 2 Mile Road, while the second is located just south. There is no on-site water currently available, and power is approximately 1/4 mile away. These properties offer opportunities for a business venture, farm, or ranch operation.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Malad City
    County
    Oneida
    State
    Idaho
    Longitude
    -112.313
    Latitude
    42.2285

    Nearby Similar for Sale

    • $350,000
      4,886 SF

      Malad City Commercial Property

      Commercial property for sale in Malad City, Idaho.
      965 N Old Highway 191, Malad City, ID 83252
      View Details
    • $299,900

      80 Acres Rural Land Opportunity

      80 acres of land near Malad City, Idaho.
      19300 N DANIELS Rd, Malad City, ID 83252
      View Details
    • $1,236,000

      41 Acres in Malad City

      41-acre parcel near I-15 exit in Malad City, Idaho.
      355 S 300 E, Malad City, ID 83252
      View Details
    • $430,000
      3,200 SF

      Malad City Triplex Investment

      Multifamily investment opportunity with stable cash flow in Malad.
      230 W 200 N, Malad City, ID 83252
      View Details
    • $693,000

      55.95 Acres Irrigated Riverfront Land

      55.95-acre irrigated riverfront property near Samaria, Idaho.
      4111 S 4400 W, Malad City, ID 83252
      View Details
    • $1,850,000
      1,424 SF

      Malad City Ranch with Development Potential

      Ranch with home, shop, barn, and pressurized irrigation.
      972 W Hwy 38, Malad City, ID 83252
      View Details
    • $124,979

      Malad City Residential Land

      10 acre residential land in Malad City, Idaho.
      20796 W Highway 38, Malad City, ID 83252
      View Details
    • $235,000

      Malad Valley Acreage For Sale

      18.42-acre parcel with mountain views, ideal for recreation.
      2400 N Old Highway 191, Malad City, ID 83252
      View Details
    • $414,900

      Malad City Acreage with Views

      28.3 acres in Malad City, ideal for horses.
      Approx 3000 N. 5600 W., Malad City, ID 83252
      View Details
    • $140,000

      Fenced 5-Acre Corner Lot

      5-acre fenced corner lot with recreation access near Malad City.
      1500 E 6700 SOUTH LOT 1, Malad City, ID 83252
      View Details
    • $480,000

      Remodeled Commercial Building on Bannock

      Updated commercial building with five spaces and laundromat in Malad.
      57 Bannock St, Malad City, ID, 83252-1240
      View Details
    • $1,215,900

      Malad City Land Investment Opportunity

      40.53 acres near I-15 with development potential.
      11000 North, Malad City, ID 83252
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Two parcels ideal for pasture, livestock, or agricultural operations.
    Where is this agricultural land / farmland located?
    The property is located at 2 Mile Canyon Rd Malad City, ID.
    What is the asking price?
    The asking price for this property is $540,000.
    What are key features of this property?
    This property features: Excellent access and visibility with I‑15 frontage.; Fully fenced, ideal for pasture, livestock, or agriculture.; Potential gravel source for additional income or business.
    (435) 760-3286
    We can help!
    Listing Contact
    Amy Rupp
    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!