Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Midvale Land with Grazing Potential Title is generated by Realmo AI

    1691 North Crane Creek Road, Midvale, ID 83645

    View on Map
    Claim this Listing
    For Sale
    $1,700,000

    Land with grazing, water resources, and potential home site.

    Type:Land / Agriculture
    Property size:
    10,676,556 SF
    Lot size:
    245.11 Acres
    Price / SF:
    $0.16/SF
    Added:
    Feb 18, 2026
    Days on Market:
    105
    Last Refresh:
    Mar 17 at 2:11 am

    Property Features for 1691 North Crane Creek Road

    General Information

    Standard status
    Active
    Size
    10,676,556 SF
    Lot size
    245.11 Acres
    Property subtype
    Land / Agriculture

    We can help!

    Listing Contact
    Rena Kerfoot
    Rena Kerfoot

    Listing agent Rena Kerfoot License #SP19345

    Listing office Mountain Home Pro Real Estate

    Listing date Feb 18, 2026

    Source Compass

    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 Mountain Home Pro Real Estate

    HighLights

    • Three individual parcels ideal for grazing, previously supporting 50 head of cattle.
    • Includes corrals, catch pens, and chute, ready for livestock.
    • Crane Creek Water Resources are leased and accessible.
    • Well on site (no documentation).
    • Overhead power at the original homestead site.
    • Potential to build a dream home with amazing views.

    Overview

    This property offers an opportunity to build a dream home with views and grazing land for cattle. The property consists of three individual parcels ready for grazing. Overhead power is available at the original homestead site, which is not habitable. A well is located on the site, but there is no documentation on its history. Crane Creek Water Resources are leased and accessible by all parcels. The property has previously supported 50 head of cattle. Corrals, catch pens, a chute, and panels are included, making it ready for use.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Restaurant Real Estate Agency Building Supply Auto Repair Shop Gym & Fitness Center Hotel & Motel Storage Facility Bar & Pub Food Market Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Midvale
    County
    Washington
    State
    Idaho
    Longitude
    -116.545
    Latitude
    44.3302

    Nearby Similar for Sale

    • $2,400,000

      Idaho Ranch with Grazing Ground

      1260-acre ranch known for producing top-quality beef cattle.
      Indian Valley Road, Midvale, ID 83645
      View Details
    • $689,000

      Restaurant Opportunity in Midvale, Idaho

      Established restaurant and coffee shop with owner-carry financing available.
      150 S Railroad St, Midvale, ID 83645
      View Details
    • $199,000

      20 Acres of Mountain Views

      20-acre property with mountain views near outdoor recreation.
      Jacks Rd, Midvale, ID 83645
      View Details
    • $169,000

      Idaho Land with Rural Views

      5.35 acres of land with no HOA or CCR's.
      2277 Keithley Creek Rd, Midvale, ID 83645
      View Details
    • $689,000
      2,336 SF

      Established Restaurant and Coffee House

      Turnkey restaurant and coffee shop opportunity in Midvale, Idaho.
      150 Railroad St, Midvale, ID 83645
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Land with grazing, water resources, and potential home site.
    Where is this agricultural land / farmland located?
    The property is located at 1691 North Crane Creek Road Midvale, ID.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: Three individual parcels ideal for grazing, previously supporting 50 head of cattle.; Includes corrals, catch pens, and chute, ready for livestock.; Crane Creek Water Resources are leased and accessible.
    (208) 863-9210
    We can help!
    Listing Contact
    Rena Kerfoot
    Rena Kerfoot
    Real Estate License ID: SP19345
    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
    1691 North Crane Creek Road, Midvale, ID 83645
    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!