Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Agricultural Land in Emmett, Idaho Title is generated by Realmo AI

    Hillview Dr, Emmett, ID 83617

    View on Map
    Claim this Listing
    New
    For Sale
    $689,000

    LAND - Emmett, ID

    Lot size:
    40.55 Acres
    Added:
    May 24, 2026
    Days on Market:
    2
    Last Refresh:
    May 25 at 11:06 am

    Property Features for Hillview Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    40.55 Acres

    Taxes and HOA fees

    Tax Year
    2025

    We can help!

    Listing Contact
    Denise Ferrari

    Listing agent Denise Ferrari License #SP52330

    Listing office Boise Premier Real Estate 13827 W Meadowdale Street, Meridian, ID

    Listing date May 24, 2026

    MLS# 98987617 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.

    HighLights

    • 40.55 acres of agricultural land in a sought‑after Idaho farming region.
    • Established alfalfa fields with ongoing farm output and sustained yields.
    • Includes irrigation water shares for dependable seasonal watering.
    • Suitable for continued crop farming, small‑scale agriculture, or long‑term investment.
    • Panoramic valley scenery and a peaceful, quiet country atmosphere.
    • Blank slate with no existing buildings, ready for agricultural operations or future development.

    Overview

    This 40.55-acre agricultural land parcel is located in Emmett, Idaho. The property features expansive open landscapes, views of the valley, and a history of productive cultivation. Currently established in alfalfa, the land supports ongoing farm output and sustained yields. Irrigation water shares are included. The property is suitable for continued crop farming, small-scale agricultural projects, or long-term land investment. The setting is peaceful and attracts local wildlife. With no existing buildings or infrastructure, the property presents a blank slate for agricultural operations or future development concepts. It offers value in a farming region.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Emmett
    County
    Gem
    State
    Idaho
    Longitude
    -116.5227
    Latitude
    43.8837

    Nearby Similar for Sale

    • $415,000

      Emmett Land with BLM Access

      26-acre property with BLM access and development potential.
      1XXX County Line Rd, Emmett, ID 83617
      View Details
    • $449,900

      Emmett Land with Shop

      5-acre property with shop, pond, and water shares.
      2630 Berglund Rd, Emmett, ID 83617
      View Details
    • $995,000

      Emmett, ID Land Parcel

      5.12 acre parcel suitable for development in Emmett, ID.
      936 S Mill Rd, Emmett, ID 83617
      View Details
    • $314,900

      Emmett, ID Land Opportunity

      4.81 acres of irrigated land ready for your dream home.
      2670 Berglund Rd, Emmett, ID 83617
      View Details
    • $319,999

      Emmett, ID Land Opportunity

      Build-ready lot with utilities in place, zoned for multi-family.
      919 S Wardwell Ave, Emmett, ID 83617
      View Details
    • $484,900
      1,828 SF

      Emmett Duplex: Income Property

      Fully leased duplex in Emmett with immediate income potential.
      201 W 1st Street, Emmett, ID 83617
      View Details
    • $600,000
      2,182 SF

      New Duplex in Emmett, Idaho

      New duplex with private yards, ideal for investors or owner-occupiers.
      1115 S Commercial Ave, Emmett, ID 83617
      View Details
    • $354,000

      Emmett Land with Water Rights

      5+ acres near Emmett with views and water rights.
      Hwy 52 (A), Emmett, ID 83617
      View Details
    • $345,000

      5-Acre Land in Emmett, ID

      5-acre property near Emmett, ID, with seller financing available.
      3820 Jake Lane, Emmett, ID 83617
      View Details
    • $446,250

      Emmett Land with Foothill Views

      5-acre homesite near public land with minimal restrictions.
      TBD Lot 5 Arabian Lane, Emmett, ID 83617
      View Details
    • $335,000

      Emmett, ID Land Parcel

      5-acre corner lot with irrigation near recreation areas.
      1225 Gamage Ln ., Emmett, ID 83617
      View Details
    • $1,500,000

      80 Acres of Prime Farmland

      80 acres of farmland with building potential and stunning views.
      Hillview, Emmett, ID 83617
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 40.55 acres of agricultural land in a sought-after region.
    Where is this agricultural land / farmland located?
    The property is located at Hillview Dr Emmett, ID.
    What is the asking price?
    The asking price for this property is $689,000.
    What are key features of this property?
    This property features: 40.55 acres of agricultural land in a sought‑after Idaho farming region.; Established alfalfa fields with ongoing farm output and sustained yields.; Includes irrigation water shares for dependable seasonal watering.
    (208) 922-8855
    We can help!
    Listing Contact
    Denise Ferrari
    Real Estate License ID: SP52330
    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

    Thank You for Inquiry
    Hillview Dr, Emmett, ID 83617
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!