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

    L6 B6 E Mdw Walk Dr Shelley, ID 83274

    Sponsored
    For Sale
    $95,000

    LAND - Shelley, ID

    Lot size:
    0.46 Acres
    Days on Market:
    269
    Last Refresh:
    Jan 29 at 7:06 pm

    Property Features for L6 B6 E Mdw Walk Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Lot size
    0.46 Acres

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    John Fielding
    John Fielding

    Re/Max Homestead (208) 522-7700

    Listing agent John Fielding (208) 681-2375

    Listing date May 6, 2025

    MLS# 2176263

    Copyright © 2025 Snake River Regional MLS. 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 Land in Shelley, Idaho

    Available for sale are residential lots in Phase 2 and Phase 3 of the Sunset Vista subdivision, located in Shelley, Idaho. These city-approved lots are ready for construction and range up to 0.46 acres. The subdivision's Covenants, Conditions, and Restrictions (CCRs) stipulate a minimum living area of 1650 square feet. Situated in a quiet and safe neighborhood, the lots are conveniently located near the amenities of Shelley.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Shelley
    County
    Bingham
    State
    Idaho
    Longitude
    -112.1293961
    Latitude
    43.36980344

    Nearby Similar for Sale

    • $475,000
      2,864 SF

      Shelley Mixed-Use Commercial Property

      Spacious Shelley property with residential and commercial potential.
      370 N State St, Shelley, ID 83274
      View Details
    • $999,900
      6,000 SF

      Shelley, ID Industrial Investment

      Industrial building with four units, fully leased, great investment.
      101 Anderson Rd, Shelley, ID 83274
      View Details
    • $1,500,000
      1,656 SF

      Shelley, ID Storage Facility Investment

      Income-producing storage business with expansion potential on 3.42 acres.
      599 E 1500 N, Shelley, ID 83274
      View Details
    • $280,000
      950 SF

      Duplex Investment Opportunity in Shelley

      Well-maintained duplex in a desirable neighborhood, ideal for investors.
      267 Pine St, Shelley, ID 83274
      View Details
    • $1,999,999
      15,000 SF

      Two Industrial Buildings For Sale

      15,000 SF industrial property 100% leased in Shelley, ID.
      335 S Emerson Ave, Shelley, ID 83274
      View Details
    • Contact for pricing

      Shelley Industrial Space with Yard

      4,500 SF industrial space with I-15 access and yard.
      1557 N 800 E, Shelley, ID 83274
      View Details
    • $5,250,000
      25,818 SF

      Shelley Industrial Facility For Sale

      25,818 SF industrial facility 100% leased in Shelley, Idaho.
      480 N State St, Shelley, ID 83274
      View Details
    • $450,000
      0.28 Acres

      Shelley Commercial Gem

      Spacious building, prime location, high potential.
      140 State St, Shelley, ID 83274
      View Details
    • $1,100,000
      0.14 Acres

      Shelley Industrial Investment Opportunity

      Four-unit industrial building, high rental income.
      101 Anderson Rd, Shelley, ID 83274
      View Details
    • $600,000
      0.37 Acres

      Prime Shelley Commercial Space

      Spacious building, ideal for various uses.
      140-148 State St, Shelley, ID 83274
      View Details
    • $562,000
      2,550 SF

      Shelley Office Building - Prime Investment

      Fully occupied, renovated office building in Shelley, ID.
      184 Pine St, Shelley, ID 83274
      View Details
    • $250,000
      0.09 Acres

      148 State St, Shelley, ID 83274

      Commercial real estate • 0.09 Acres
      148 State St, Shelley, ID 83274
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - City-approved residential lots in a quiet, safe neighborhood.
    Where is this residential land & home lot located?
    The property is located at L6 B6 E Mdw Walk Dr Shelley, ID.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: - City-approved building lots in Sunset Vista subdivision, ready for construction.; - Lot sizes up to .46 acres.; - Located in a quiet and safe neighborhood.
    (208) 529-5600
    Request Owner's contact information
    L6 B6 E Mdw Walk Dr Shelley, ID 83274
    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.
    L6 B6 E Mdw Walk Dr
    Shelley, ID 83274
    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
    L6 B6 E Mdw Walk Dr Shelley, ID 83274
    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
    John Fielding
    John Fielding
    Real Estate License ID: SP44488
    (208) 529-5600
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.