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    4035 N 2300 E Filer, ID 83301

    Sponsored
    For Sale
    $1,500,000

    Commercial Sale - Filer, ID

    Property size:
    5,860 SF
    Lot size:
    19.85 Acres
    Days on Market:
    20
    Last Refresh:
    Jan 19 at 4:06 am

    Property Features for 4035 N 2300 E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    RPOF62700200A0
    Size
    5,860 SF
    Lot size
    19.85 Acres

    Building Details

    Year built
    2010
    Architectural style
    Other

    We can help!

    Listing Contact
    Jane Mccarron

    Silvercreek Realty Group (208) 377-0422 [email protected]

    Listing agent Jane Mccarron (208) 377-0422

    Listing date Dec 31, 2025

    MLS# 98951133 Listing URL

    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

    Versatile Commercial Property with Golf Course

    This unique 19.85-acre commercial property in Filer, ID, offers a range of possibilities with existing golf, event, and hospitality infrastructure. It features an executive 9-hole golf course and a large driving range. The property also includes a 5860 square foot clubhouse equipped with a bar and a commercial kitchen, and benefits from a full liquor license. With a special use permit allowing for extended hours and the capacity to accommodate up to 1,000 guests, the property is well-suited for both indoor and outdoor events, such as weddings, festivals, and corporate gatherings. The flat, irrigated land is enhanced by mature landscaping and includes 29 shares of TFCC water. Ample parking is available. The property is positioned as a real estate and value-add opportunity, suitable for a lifestyle buyer, event operator, or developer. Potential uses include a boutique golf and social club, RV resort or outdoor venue, wedding and festival destination, or retreat facilities and entertainment hub. The property was named Idaho’s Best Golf Course (2023–2025) and Event Center of the Year (2024). Buyers are advised to conduct independent due diligence.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Golf courses & driving ...

    Suggested Use

    Storage Facility Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Filer
    County
    Twin Falls
    State
    Idaho
    Longitude
    -114.595732
    Latitude
    42.58254

    Nearby Similar for Sale

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      Pending

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      21000 A Hwy 30, Filer, ID 83328
      View Details
    • $4,300,000
      131,464 SF

      Filer Industrial Property with Rail

      Large industrial campus in Filer, Idaho with rail access.
      529 North St, Filer, ID 83328
      View Details
    • $1,100,000

      Filer Self-Storage with Expansion Potential

      Self-storage facility with income-producing house and expansion land.
      2180 3100 N, Filer, ID
      View Details

    FAQs

    What type of property is this?
    Golf course & driving range - 20-acre commercial property with golf course, event, and hospitality infrastructure.
    Where is this golf course & driving range located?
    The property is located at 4035 N 2300 E Filer, ID.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Home to Idaho's Best Golf Course (2023-2025) and Event Center of the Year (2024).; - 20-acre commercial property with golf, event, and hospitality infrastructure.; - Permitted for up to 1,000 guests with indoor/outdoor event spaces.
    (208) 377-0422
    Request Owner's contact information
    4035 N 2300 E Filer, ID 83301
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    Filer, ID 83301
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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
    4035 N 2300 E Filer, ID 83301
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    We can help!
    Listing Contact
    Jane Mccarron
    (208) 377-0422
    Learn more
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