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

    Burell Ave Lewiston, ID

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    18.43-acre parcel ideal for residential development in Lewiston, Idaho.

    Lot size:
    18.43 Acres

    Property Features for Burell Ave

    General Information

    Lot size
    18.43 Acres

    We can help!

    Listing Contact
    Jan Marie Mccoy
    Jan Marie Mccoy
    Source: Moodyscre

    Listing Agency: Jan Marie McCoy dba Jan McCoy Properties Listing Agent: Jan Marie Mccoy

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Lewiston Orchards Development Opportunity

    This 18.43-acre parcel is located in Lewiston Orchards, Lewiston, Idaho. The mostly level land features a gentle slope, offering potential for residential development. The property is located near the new Lewiston High School and within the Camelot Elementary School District. The location is positioned to meet the demand for housing in the Lewis and Clark Valley. The expansive tract is suited for creating a neighborhood, multi-family units, or custom estates. The seller is open to owner financing with a minimum 20% down payment and flexible terms tailored to qualified buyers.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Lewiston
    County
    Nez Perce
    State
    Idaho
    Longitude
    -117.0011889
    Latitude
    46.4004089

    Nearby Similar for Sale

    • $6,700,000
      2.40 Acres

      Quality Inn Hotel Investment

      Established hotel near Hells Canyon with expansion potential.
      2128 8Th Ave, Lewiston, ID 83501
      View Details
    • $6,700,000
      24,374 SF

      Quality Inn Hotel Investment

      Established hotel near Hells Canyon with expansion potential.
      Lewiston, ID 83501
      View Details
    • $335,000
      1,768 SF

      Lewiston Multifamily Home with Flexibility

      Charming Lewiston home, flexible living options, investment or owner-occupied.
      1811 17Th Ave, Lewiston, ID 83501
      View Details
    • $840,000
      7,200 SF

      Lewiston Retail Investment Opportunity

      Three-tenant retail property for sale in Lewiston, Idaho.
      1024 16Th Ave, Lewiston, ID 83501
      View Details
    • Contact for pricing

      Lewiston Drive-Thru Restaurant Opportunity

      20-year absolute net lease with annual rental increases.
      1306 21St St, Lewiston, ID 83501
      View Details
    • $1,095,000
      3,072 SF

      Freestanding Building Leased to Jackman Tire

      Single-tenant NNN leased investment opportunity with a new 15-year lease.
      245 Thain Rd, Lewiston, ID 83501
      View Details
    • $450,000
      4,741 SF

      Lewiston Warehouse For Sale

      4,741 SF warehouse centrally located in Lewiston, Idaho.
      3314 10Th St, Lewiston, ID 83501
      View Details
    • $999,999
      3,664 SF

      Lewiston Retail Property: High Traffic Area

      Prime Retail Space, 3,664 SF, 1.6 Acres
      416 Thain Rd, Lewiston, ID 83501
      View Details
    • $1,000,000
      4,431 SF

      Lewiston Office Building - Prime Location

      Exceptional Office Space, Ample Parking
      1455 G St, Lewiston, ID 83501
      View Details
    • $450,000
      2,110 SF

      Two Homes on One Lot

      Unique property featuring two homes, ideal for multi-generational living.
      1407 Burrell Ave, Lewiston, ID 83501
      View Details
    • $330,000
      2,140 SF

      Furnished Duplex Near Hospital & LCSC

      Turnkey duplex near hospital and college, ideal for tenants.
      220-222 Glassway St, Lewiston, ID 83501
      View Details
    • $299,000
      Pending

      Centrally Located Lewiston Duplex

      Updated duplex in central Lewiston, ideal for investors.
      321 2Nd Ave, Lewiston, ID 83501
      View Details

    FAQs

    What type of property is this?
    Land - 18.43-acre parcel ideal for residential development in Lewiston, Idaho.
    Where is this land located?
    The property is located at Burell Ave Lewiston, ID.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: - 18.43-acre parcel suitable for residential development; - Located in the highly desirable Camelot Elementary School District; - Proximity to the brand-new Lewiston High School
    (208) 305-9989 Call to check price and availability
    Request Owner's contact information
    Burell Ave Lewiston, ID
    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.
    Burell Ave
    Lewiston, ID
    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
    Burell Ave Lewiston, ID
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jan Marie Mccoy
    Jan Marie Mccoy
    Real Estate License ID: 17312
    (208) 305-9989
    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!