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    201 N River St, Hailey, ID 83333

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    For Lease
    $2,650/Mo $26 SF/Yr (calc)

    COMMERCIAL - Hailey, ID

    Property size:
    1,200 SF
    Added:
    Apr 16, 2026
    Days on Market:
    52
    Last Refresh:
    Jun 6 at 9:06 pm

    Property Features for 201 N River St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    H/B
    Rooms
    Basement
    Basement
    Finished, Daylight, Full
    Standard status
    Active
    APN
    RPH0000043009A
    Size
    1,200 SF

    Taxes and HOA fees

    Tax Description
    HAILEY LOTS 9 & 10 BLK 43 7,220 SF

    We can help!

    Listing Contact
    Kenny-Bogue Team

    Listing agent Kenny-Bogue Team

    Listing office Paul Kenny & Matt Bogue Real Estate LLC 333 S Main Street Suite 210, Ketchum, ID

    Listing date Apr 16, 2026

    MLS# 26-334296

    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.

    HighLights

    • Flexible office space: Can be split into two units or multiple offices.
    • Remodeled building near Hailey core.
    • Ground floor space available: Approximately 1,200SF.
    • Ample parking.
    • Enjoy the views.
    • Daylight basement space available: Approximately 900SF / $1,750 per month with private offices.

    Overview

    This build-to-suit offering includes a remodeled office building with ground floor space available at approximately 1,200 square feet. The layout can be adapted for a tenant’s needs, with the space able to be split into two units or arranged as multiple offices. A daylight basement space is also available at approximately 900 square feet, and it is described as including private offices.

    The property is located near the Hailey core, with parking available for occupants. The listing also notes views as part of the overall setting.

    For tenants seeking an office that can be configured to match their workflow, the ability to scale between the ground floor and daylight basement provides practical flexibility. The leases are described as fully gross, including utilities except internet, which can simplify monthly occupancy budgeting. The combination of private offices in the basement and the convertible ground floor space supports both single-tenant and multi-office requirements, subject to the tenant’s build-out needs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hailey Custom Countertops Kitchen & Bath Showroom The Summit Archery & Outdoors (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Dental Office Nail Salon Auto Repair Shop Building Supply Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hailey
    County
    Blaine
    State
    Idaho
    Longitude
    -114.317835
    Latitude
    43.520149

    Nearby Similar for Lease

    • $950/Mo

      Modern Office in Hailey, ID

      Light-filled office space with modern amenities in Sawtooth Business Center.
      101 Empty Saddle Trl, Hailey, ID 83333
      View Details
    • Contact for pricing
      390 SF

      Office Space Available For Rent

      Office spaces available, ranging from 378 to 390 square feet.
      416 S Main St, Hailey, ID 83333
      View Details

    FAQs

    What type of property is this?
    Office units - Remodeled ground-floor office space near Hailey’s core offers flexible layout options and parking.
    Where is this office units located?
    The property is located at 201 N River St Hailey, ID.
    What is the lease rate?
    The lease rate is $2,650 /Mo.
    What are key features of this property?
    This property features: Flexible office space: Can be split into two units or multiple offices.; Remodeled building near Hailey core.; Ground floor space available: Approximately 1,200SF.
    (208) 726-1918
    We can help!
    Listing Contact
    Kenny-Bogue Team
    Request Owner's contact information
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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
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