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
    The Largest CRE Database in the US with Over 1 Million Listings

    218 E D St, Unit - Lots 1-3 Shoshone, ID 83352

    Sponsored
    For Sale
    $82,500

    LAND - Shoshone, ID

    Lot size:
    0.25 Acres
    Days on Market:
    65
    Last Refresh:
    Jan 30 at 6:06 pm

    Property Features for 218 E D St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    RPS0100035001AA
    Lot size
    0.25 Acres

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Sid Lezamiz
    Sid Lezamiz

    Lezamiz Real Estate Company (208) 734-7007

    Listing agent Sid Lezamiz (208) 733-5900 License #DB16358

    Listing date Nov 27, 2025

    MLS# 98954089

    Copyright © 2026 Intermountain Multiple Listing Service. 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

    Residential Corner Lot in Shoshone

    This is a spacious residential corner lot situated in a desirable location within Shoshone. The property comprises three city lots, totaling approximately 0.2479 acres with dimensions of about 90x120. Water and sewer connections are conveniently located nearby, facilitating immediate development. This lot presents an ideal opportunity for building a dream home or investing in a promising piece of property, with essential utilities readily accessible.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Shoshone
    County
    Lincoln
    State
    Idaho
    Longitude
    -114.4069334
    Latitude
    42.9309087

    Nearby Similar for Sale

    • New
      $895,000
      3,876 SF

      West Magic Lodge and RV

      Lodge with restaurant, bar, motel, RV park, and more.
      768 Cottonwood Rd, West Magic, ID 83352
      View Details
    • $315,000
      1,200 SF

      Shoshone Income-Producing Multifamily Property

      Multifamily property in Shoshone, Idaho, with income potential.
      202 E 2Nd St, Shoshone, ID 83352
      View Details
    • $160,000
      630 SF

      Shoshone Drive-Through Storage Condo

      New drive-through storage condo for sale, completion expected late fall 2025.
      8 Industrial Blvd, Shoshone, ID 83352
      View Details
    • $1,300,000
      11,525 SF

      Shoshone Commercial Space - Prime Location

      Retail & Warehouse - Excellent Investment
      Rail St, Shoshone, ID 83352
      View Details
    • $189,900

      Shoshone Commercial Property w/ Log Home

      Established Business, High Growth Potential
      1561 Highway 75, Shoshone, ID 83352
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot in Shoshone, ready for immediate development.
    Where is this residential land & home lot located?
    The property is located at 218 E D St, Unit - Lots 1-3 Shoshone, ID.
    What is the asking price?
    The asking price for this property is $82,500.
    What are key features of this property?
    This property features: - Spacious corner lot (0.2479 acre) offering ample space.; - Located in a desirable area of Shoshone.; - Water and sewer connections nearby for easy development.
    (208) 734-7007
    Request Owner's contact information
    218 E D St, Unit - Lots 1-3 Shoshone, ID 83352
    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.
    218 E D St, Unit - Lots 1-3
    Shoshone, ID 83352
    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
    218 E D St, Unit - Lots 1-3 Shoshone, ID 83352
    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
    Sid Lezamiz
    Sid Lezamiz
    (208) 734-7007
    Learn more
    Google sign-in failed. Please try again or use another login method.