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    Agricultural Country Lot with Irrigation Title is generated by Realmo AI

    1200 N lot 16, Ashton, ID 83420

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    Claim this Listing
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    For Sale
    $119,000

    LAND - Ashton, ID

    Lot size:
    2.80 Acres
    Added:
    Jun 4, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 5 at 8:06 am

    Property Features for 1200 N lot 16

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    2.80 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    Lot 16 Block 1 Ashton Farms Subdivision
    Tax Annual Amount
    400

    Utilities

    Sewer type
    Private Sewer
    Water source
    Well

    We can help!

    Listing Contact
    Dallas Hill
    Dallas Hill

    Listing agent Dallas Hill License #SP47789

    Listing office Eagle Point Realty, LLC 155 W Main Ste 4, Rexburg, ID

    Listing date Jun 4, 2026

    MLS# 2163227 Listing URL

    Copyright © 2026 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.

    HighLights

    • Large 1‑10 acre lots in a peaceful, rural setting near Ashton, Idaho.
    • Enjoy Teton views and proximity to Island Park, Yellowstone, Driggs, Jackson Hole, and Rexburg.
    • Essential utilities included: electricity stubbed to lot and gravity flow pressurized irrigation.
    • Ready to build on, with lots to be planted in Perennial pasture in 2024.
    • Minimal CC&Rs to protect property value and maintain appearance.
    • Suitable for animals, fencing, and barns.

    Overview

    This for-sale agricultural country lot in Ashton, Idaho is part of a larger subdivision offering room for a quiet, rural lifestyle. The lots are described as ready for building and suitable for animals, with the ability to add fencing and barns. Irrigation is provided via gravity-flow pressurized water, and electricity is stubbed to the lot. The property is also planned for perennial pasture, with all lots noted to be planted in 2024.

    The subdivision is positioned around serene farm fields, creating a peaceful setting in a small farm town. The public remarks note that larger lots have private road access, and that the community will have minimal CC&R’s intended to protect property value and maintain a neat, clean appearance. Ashton is also described as being in close proximity to Island Park, Yellowstone, Driggs, Jackson Hole, and Rexburg.

    For buyers looking for an agricultural-minded homesite, this lot’s irrigation infrastructure and pasture planting schedule provide a practical foundation for livestock and land stewardship. The site is presented as build-ready, while the rural configuration supports flexible use for owners who want space to manage animals, fencing, and outdoor improvements without giving up the conveniences of nearby communities.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Ashton
    County
    Fremont
    State
    Idaho
    Longitude
    -111.468335
    Latitude
    44.05582327

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    FAQs

    What type of property is this?
    Land - Large Ashton farm lot with gravity-flow pressurized irrigation, electricity stubbed, and space for animals or pasture setup.
    Where is this land located?
    The property is located at 1200 N lot 16 Ashton, ID.
    What is the asking price?
    The asking price for this property is $119,000.
    What are key features of this property?
    This property features: Large 1‑10 acre lots in a peaceful, rural setting near Ashton, Idaho.; Enjoy Teton views and proximity to Island Park, Yellowstone, Driggs, Jackson Hole, and Rexburg.; Essential utilities included: electricity stubbed to lot and gravity flow pressurized irrigation.
    (208) 356-5777
    We can help!
    Listing Contact
    Dallas Hill
    Dallas Hill
    Real Estate License ID: SP47789
    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.

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