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    NNA Lowry Plummer, ID 83851

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    For Sale
    $189,000

    LAND - Plummer, ID

    Lot size:
    20.00 Acres
    Added:
    Dec 11, 2025
    Days on Market:
    129
    Last Refresh:
    Apr 19 at 10:06 pm

    Property Features for NNA Lowry

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    RP46N04W336600
    Lot size
    20.00 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    The N 20 acres of the SE Quarter of the SW Quarter of said Section 33 Township 46 North 4 West Boise Meridian
    Tax Annual Amount
    608

    We can help!

    Listing Contact
    Mark Montgomery
    Mark Montgomery

    Listing agent Mark Montgomery License #SP24950

    Listing office John L. Scott 1884 W Bellerive Lane 104, Coeur d'Alene, ID

    Listing date Dec 11, 2025

    MLS# 25-11482 Listing URL

    Copyright © 2026 Coeur d'Alene 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.

    Overview

    20 Acres Land with Views

    This 20-acre parcel in Plummer offers views of mountains and open plains. Located less than 5 miles from Hwy 5, 15 minutes from Hwy 95, and 45 minutes from CdA, the land is also only 10 minutes from Lake Coeur d'Alene and St Joe River. The property is surrounded by wooded parcels, creating a remote and peaceful environment. Several boat launch spots and moorage options are available at the south end of the lake, near the property. The location also provides access to hunting and fishing spots. Power can be pulled from the road. The property has been recently surveyed and is suitable for a full-time residence or a cabin.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Plummer
    County
    Benewah
    State
    Idaho
    Longitude
    -116.884865
    Latitude
    47.330791

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    FAQs

    What type of property is this?
    Land - 20-acre parcel near Lake Coeur d'Alene and St Joe River.
    Where is this land located?
    The property is located at NNA Lowry Plummer, ID.
    What is the asking price?
    The asking price for this property is $189,000.
    What are key features of this property?
    This property features: Breathtaking views of mountains and open plains on 20 acres; Close proximity to Lake Coeur d'Alene and St. Joe River (10 minutes); Convenient access to major highways (Hwy 5 and Hwy 95)
    (509) 481-8989
    We can help!
    Listing Contact
    Mark Montgomery
    Mark Montgomery
    Real Estate License ID: SP24950
    Learn More
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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
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