Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Vacant Land in Aspen Lakes Title is generated by Realmo AI

    125 Aspen Lakes Dr, Hailey, ID 83333

    View on Map
    Claim this Listing
    For Sale
    $2,375,000

    Vacant lot in Aspen Lakes community available for purchase.

    Type:Land
    Added:
    Feb 11, 2026
    Days on Market:
    113
    Last Refresh:
    Mar 16 at 8:27 am

    Property Features for 125 Aspen Lakes Dr

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Sue Engelmann
    Sue Engelmann

    Listing agent Sue Engelmann License #18062

    Listing office Berkshire Hathaway HomeServices Sun Valley Properties

    Listing date Feb 11, 2026

    Source Evrealestate

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

    All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Sun Valley Properties

    HighLights

    • Vacant lot ready for development.
    • Located in Flying Heart.
    • Situated in Aspen Lakes.
    • Located on the left side of the road.
    • Blaine County location.
    • View (See Remarks).

    Overview

    Located off Aspen Lakes Drive, this vacant lot is situated within the Aspen Lakes community. The property is accessible via the north entrance to Flying Heart. The lot is located on the left side of Aspen Lakes Drive.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Gym & Fitness Center Hotel & Motel Pharmacy Kitchen & Bath Showroom Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hailey
    County
    Blaine
    State
    Idaho
    Longitude
    -114.3288686
    Latitude
    43.5397901

    Nearby Similar for Sale

    • $2,995,000
      8,070 SF

      Versatile Commercial Property in Hailey, ID

      Versatile commercial property with high visibility and unlimited potential uses.
      3930 Woodside Blvd, Hailey, ID 83333
      View Details
    • $399,000
      909 SF

      Professional Office Condo with Elevator

      Office condo features a reception area, four private offices, conference room, and elevator access for convenient downtown operations.
      101 E BULLION St lot: 2H, Hailey, ID 83333
      View Details
    • $879,000
      1,070 SF

      Live-Work Redevelopment Opportunity

      Flexible zoning, prime main street exposure, and alley parking make this downtown site a strong live-work redevelopment canvas.
      409 S Main St, Hailey, ID 83333
      View Details
    • $2,750,000
      4,740 SF

      Main Street Commercial Property For Sale

      Commercial property with long-term tenant in a visible location.
      507 S MAIN St, Hailey, ID 83333
      View Details
    • $2,925,000
      13,039 SF

      Hailey Commercial Building For Sale

      Fully leased commercial building with ample parking in Hailey, Idaho.
      21 E Maple St, Hailey, ID 83333
      View Details
    • $489,000
      1,287 SF

      Hailey Commercial Flex Space Available

      Light industrial space with office, loft storage, and garage door.
      4301 Glenbrook Dr, Hailey, ID 83333
      View Details
    • $698,000
      2,080 SF

      Hailey Office-Warehouse Property For Sale

      Light Industrial zoned office-warehouse property with 3-phase power in Hailey.
      4301 GLENBROOK Dr, Hailey, ID 83333
      View Details
    • $695,000
      1,164 SF

      Main Street Retail Property

      Commercial property with retail frontage and expansion potential in Hailey.
      102 N Main St, Hailey, ID 83333
      View Details
    • $365,000

      Land in Quigley Canyon

      Land for sale in Hailey, Idaho's unique community development.
      1500 Fox Acres Rd, Hailey, ID 83333
      View Details
    • $989,000

      Prime Hailey Development Opportunity

      Five parcels in central Hailey, offering zoning versatility.
      307 S River, Hailey, ID 83333
      View Details
    • $989,000

      Hailey Commercial Development Opportunity

      Five parcels near Main Street in Hailey, Idaho.
      307 S River, Hailey, ID 83333
      View Details
    • $360,000

      Land in Quigley Canyon

      Land for sale in Hailey, ID, Quigley Farm community.
      1510 Fox Acres Rd, Hailey, ID 83333
      View Details

    FAQs

    What type of property is this?
    Land - Vacant lot in Aspen Lakes community available for purchase.
    Where is this land located?
    The property is located at 125 Aspen Lakes Dr Hailey, ID.
    What is the asking price?
    The asking price for this property is $2,375,000.
    What are key features of this property?
    This property features: Vacant lot ready for development.; Located in Flying Heart.; Situated in Aspen Lakes.
    (208) 720-0680
    We can help!
    Listing Contact
    Sue Engelmann
    Sue Engelmann
    Real Estate License ID: 18062
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    125 Aspen Lakes Dr, Blaine County, ID 83333
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!