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

    307 River St S Hailey, ID 83333

    View on Map
    Sponsored
    For Sale
    $989,000

    COMMERCIAL - Hailey, ID

    Lot size:
    0.55 Acres
    Days on Market:
    7
    Last Refresh:
    Mar 9 at 9:06 pm

    Property Features for 307 River St S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    H/GR, H/LB
    APN
    RPH0000019004A
    Lot size
    0.55 Acres

    We can help!

    Listing Contact
    Summer Baldwin

    Sun Valley Sotheby's International Realty (208) 726-5300

    Listing agent Summer Baldwin

    Listing date Mar 2, 2026

    MLS# 26-334142

    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

    Hailey Commercial Development Opportunity

    This offering presents an exceptional development or investment opportunity situated in the heart of Hailey, Idaho. The location is ideally positioned one block from Main Street and in close proximity to the Big Wood River and a nature preserve. The property comprises five separate parcels. Three parcels are zoned Limited Business (LB), and two are zoned General Residential (GR). This combination creates a rare opportunity for a coordinated in-town project within a walkable location that is rich in amenities. The total lot size is approximately 0.55 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hailey
    County
    Blaine
    State
    Idaho
    Longitude
    -114.315156
    Latitude
    43.516649

    Nearby Similar for Sale

    • New
      $695,000
      1,164 SF

      Prime Main Street Retail Property

      Commercial property with retail frontage and expansion potential in Hailey.
      102 N Main St, Hailey, ID 83333
      View Details
    • $949,000
      1,070 SF

      Prime Downtown Hailey Commercial Property

      Commercial property with showroom in desirable downtown location.
      409 S Main St, Hailey, ID 83333
      View Details
    • $3,475,000
      8,070 SF

      Versatile Commercial Property in Hailey

      Versatile commercial property with high visibility and unlimited uses.
      3930 Woodside Blvd, Hailey, ID 83333
      View Details
    • $340,000
      1,314 SF

      Hailey, ID T-Hangar For Sale

      1314sf T-Hangar with storage loft in Hailey, ID.
      2110 Airport Cir, Hailey, ID 83333
      View Details
    • $2,925,000
      13,039 SF

      Hailey Commercial Building For Sale

      Fully leased commercial building with ample parking in Hailey, Idaho.
      21 E Maple St, Hailey, ID 83333
      View Details
    • New
      $2,995,000
      4,740 SF

      Main Street Commercial Property For Sale

      Commercial property with long-term tenant in Hailey, Idaho.
      507 S Main St, Hailey, ID 83333
      View Details
    • $1,200,000
      2,912 SF

      Commercial Building on Corner Lot

      Two-tenant building with high exposure and ample parking.
      315 S River St, Hailey, ID 83333
      View Details
    • $2,950,000
      10,598 SF

      Prime Corner in Downtown Hailey

      Commercial property in downtown Hailey, great for user or investor.
      202 N Main St, Hailey, ID 83333
      View Details
    • $249,500

      Established Custom Closet Business Opportunity

      Profitable custom closet business for sale in Wood River Valley.
      4121 Black Oak Dr, Hailey, ID 83333
      View Details
    • $249,500

      Established Custom Closet Business For Sale

      Profitable custom closet business with equipment, client list, and training.
      4121 S Black Oak Dr, Hailey, ID 83333
      View Details
    • $2,995,000
      6,155 SF

      Commercial Condominiums in Hailey, Idaho

      Seventeen commercial condominiums with sixteen tenant spaces, fully occupied.
      400 S Main St, Hailey, ID 83333
      View Details
    • New
      $870,000
      1,032 SF

      Hailey Commercial Property with Flexibility

      Versatile property suitable for offices, residence, or multi-family development.
      515 S 1St Ave, Hailey, ID 83333
      View Details

    FAQs

    What type of property is this?
    Commercial land - Five parcels near Main Street in Hailey, Idaho.
    Where is this commercial land located?
    The property is located at 307 River St S Hailey, ID.
    What is the asking price?
    The asking price for this property is $989,000.
    What are key features of this property?
    This property features: - Five separate parcels included, offering significant development flexibility.; - Prime location one block from Main Street in Hailey.; - Zoned for both Limited Business (LB) and General Residential (GR) use.
    (208) 726-5300
    Request Owner's contact information
    307 River St S Hailey, ID 83333
    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.
    307 River St S
    Hailey, ID 83333
    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
    307 River St S Hailey, ID 83333
    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
    Summer Baldwin
    (208) 726-5300
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!