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

    Norris Ln Twin Falls, ID 83301

    Sponsored
    For Sale
    $735,000

    LAND - Twin Falls, ID

    Lot size:
    57.55 Acres
    Days on Market:
    13
    Last Refresh:
    Feb 25 at 9:06 pm

    Property Features for Norris Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    RP10S17E341350
    Lot size
    57.55 Acres

    Utilities

    Utilities
    Electricity Available
    Water source
    Well
    Water front features
    Creek

    We can help!

    Listing Contact
    Jacob Emerson

    Silvercreek Realty Group (208) 377-0422

    Listing agent Jacob Emerson (208) 731-2930 License #SP42058

    Listing date Feb 13, 2026

    MLS# 98974319 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

    58-Acre Farm South of Twin Falls

    This ~58 acre farm is located just South of Twin Falls off of Blue Lakes. The property includes 58 shares of TWCC. Approximately 45 acres are currently in crops, with the remainder consisting of pasture and a pond. The land is suitable for continued agricultural use or future residential development. Alternatively, the property offers the opportunity to build a home next to the pond. The property is located in the Twin Falls City Area of Impact.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Twin Falls
    County
    Twin Falls
    State
    Idaho
    Longitude
    -114.4514993
    Latitude
    42.51422022

    Nearby Similar for Sale

    • $525,000
      3,246 SF

      Twin Falls Fourplex on Large Lot

      Income-producing fourplex with growth potential bordering a city park.
      351 Lois St, Twin Falls, ID 83301
      View Details
    • $439,000
      Pending

      Twin Falls Multi-Unit Rental

      Twin Falls multi-unit property with strong rental history.
      1922 Shoup Ave E, Twin Falls, ID 83301
      View Details
    • $420,000
      Pending

      Twin Falls Duplex Investment Opportunity

      Well-maintained duplex in Twin Falls with strong rental history.
      1010/1014 Locust St N, Twin Falls, ID 83301
      View Details
    • $14,900,000
      277.83 Acres

      Twin Falls Golf Course Opportunity

      18-hole golf course with water rights and Snake River frontage.
      199 Cyn Spg Golf Crse Rd, Twin Falls, ID 83301
      View Details
    • $14,900,000
      277.83 Acres

      Twin Falls Land with Golf

      277+ acre property featuring a golf course and water features.
      Canyon Springs Rd, Twin Falls, ID 83301
      View Details
    • $1,550,000
      2,940 SF

      Turn-Key Restaurant Space Available

      High-visibility, partially furnished restaurant space with outdoor seating on Blue Lakes.
      683 Blue Lakes Blvd N, Twin Falls, ID 83301
      View Details
    • $3,250,000
      9,610 SF

      Class A Office Building Investment

      Modern office building in Twin Falls' growth corridor.
      428 Cheney Dr W, Twin Falls, ID 83301
      View Details
    • $400,000

      Turnkey Restaurant Franchise Opportunity

      Profitable, established restaurant franchise with strong brand presence and loyal customer base.
      Successful Restaurant Franchise For Sale, Twin Falls, ID
      View Details
    • Contact for pricing
      1,332 SF

      Drive-Thru Restaurant Opportunity

      Free-standing drive-thru building in high-traffic location.
      1879 Addison Ave E, Twin Falls, ID 83301
      View Details
    • Contact for pricing

      Established Pizza Business Opportunity

      Turnkey pizza restaurant for sale in Twin Falls, Idaho.
      132 Main Ave, Twin Falls, ID 83301
      View Details
    • Contact for pricing
      2,592 SF

      Corner Lot Industrial Property

      Industrial property with secure yard and excellent accessibility.
      858 Eastland Dr S, Twin Falls, ID 83301
      View Details
    • Contact for pricing
      4,773 SF

      Retail Property Near Snake River

      Former bank in high-traffic area near Snake River Canyon.
      1715 Pole Line Rd E, Twin Falls, ID 83301
      View Details

    FAQs

    What type of property is this?
    Farm - 58-acre farm with water shares, suitable for farming/development.
    Where is this farm located?
    The property is located at Norris Ln Twin Falls, ID.
    What is the asking price?
    The asking price for this property is $735,000.
    What are key features of this property?
    This property features: - 58 acre farm with **58 shares of TWCC water rights.**; - **45 acres currently in crops, providing immediate income potential.**; - Potential for future residential development.
    (208) 377-0422
    Request Owner's contact information
    Norris Ln Twin Falls, ID 83301
    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.
    Norris Ln
    Twin Falls, ID 83301
    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
    Norris Ln Twin Falls, ID 83301
    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
    Jacob Emerson
    Real Estate License ID: SP42058
    (208) 377-0422 (208) 731-2930
    Learn more
    Google sign-in failed. Please try again or use another login method.