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

    Lucia Ln, Unit 23 Victor, ID 83455

    View on Map
    Sponsored
    For Sale
    $360,000

    LAND - Victor, ID

    Lot size:
    2.50 Acres
    Days on Market:
    6
    Last Refresh:
    Mar 7 at 1:06 pm

    Property Features for Lucia Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    RP021450000230
    Pets allowed
    Yes
    Lot size
    2.50 Acres

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well
    Water front features
    Pond
    Water front
    1

    Building Details

    Additional Structures
    Guest House

    We can help!

    Listing Contact
    Zachary K. Smith

    Compass Real Estate (307) 733-6060

    Listing agent Zachary K. Smith 3077334339x223

    Listing date Mar 2, 2026

    MLS# 26-311 Listing URL

    Copyright © 2026 Teton 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

    Land in Lucy Meadows, Victor

    This 2.50-acre homesite is located in Lucy Meadows, a refined enclave in Victor, Idaho, near Teton Springs. The flat, build-ready parcel offers mountain views and allows for both a guest house and short-term rentals. The community features meandering paths, established Ash trees, and a common-area pond. It is situated minutes from downtown Victor and recreational opportunities, with Jackson Hole a short drive away. Owner financing is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Victor
    County
    Teton
    State
    Idaho
    Longitude
    -111.116114
    Latitude
    43.586606

    Nearby Similar for Sale

    • $1,890,000
      4,068 SF

      New 4-Plex in Teton Valley

      2024-built 4-plex with versatile commercial zoning in Victor, ID.
      9033 Old Jackson Hwy, Victor, ID 83455
      View Details
    • $1,890,000
      4,068 SF

      New 4-Plex in Teton Valley

      2024-built 4-plex with versatile residential or commercial use.
      9033 Old Jackson Hwy, Victor, ID 83455
      View Details
    • $499,000
      Pending

      Historic Building on Main Street

      Historic commercial building in need of repairs on Main Street.
      28 S Main St, Victor, ID 83455
      View Details
    • $1,675,000
      3,275 SF

      High-Visibility Commercial Property in Victor

      Commercial property with income-generating buildings in downtown Victor, Idaho.
      20 N Main St, Victor, ID 83455
      View Details
    • $858,000
      1,350 SF

      Victor, ID Duplex For Sale

      Duplex near downtown Victor with highway frontage and redevelopment potential.
      7955 Highway 33 S, Victor, ID 83455
      View Details
    • $1,950,000
      3,800 SF

      Victor, ID Mixed-Use Opportunity

      Commercial/mixed-use property with highway frontage and flexible usage options.
      7985 Highway 33 S, Victor, ID 83455
      View Details
    • $1,950,000
      0.48 Acres

      Victor ID Commercial Mixed-Use Property

      Commercial/Mixed-Use property with highway frontage in high-traffic area.
      7985 Highway 33 S, Victor, ID 83455
      View Details
    • $1,600,000
      2,200 SF

      Teton Valley Log Cabin Investment

      Multi-family property with four log cabins on 1.05 acres.
      4760 500 W, Victor, ID 83455
      View Details
    • $229,000
      0.06 Acres

      Land Near Warm Creek

      Land in Teton Springs Resort community near Warm Creek.
      69 Warm Creek Ln, Victor, ID 83455
      View Details
    • $290,000
      0.16 Acres

      Prime Victor Commercial Lot

      High-visibility, Bronze Buffalo access.
      131 9500, Victor, ID 83455
      View Details
    • Contact for pricing
      0.14 Acres

      Turnkey Restaurant Space, Victor, ID

      Fully equipped, prime location, lease opportunity.
      31 Center St, Victor, ID 83455
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 2.5-acre homesite in Victor, ID, with mountain views.
    Where is this residential land & home lot located?
    The property is located at Lucia Ln, Unit 23 Victor, ID.
    What is the asking price?
    The asking price for this property is $360,000.
    What are key features of this property?
    This property features: - Sweeping mountain views from a flat, build-ready 2.5-acre homesite.; - Located in Lucy Meadows, a refined enclave neighboring Teton Springs.; - Guest house and short-term rentals are permitted.
    (307) 690-3674
    Request Owner's contact information
    Lucia Ln, Unit 23 Victor, ID 83455
    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.
    Lucia Ln, Unit 23
    Victor, ID 83455
    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
    Lucia Ln, Unit 23 Victor, ID 83455
    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
    Zachary K. Smith
    (307) 690-3674 (307) 733-4339
    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!