Mixed-Use Property with Commercial
For Sale
$879,500
Pending
21000 A Hwy 30, Filer, ID 83328
Commercial Sale, Filer, ID
Property Size7,968 SF
Lot Size5.67 Acres
Days on Market1061
Property Features for 21000 A Hwy 30
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Fencing
Fenced
Lot features
5 - 9.9 Acres
Directions
Located on Hwy 30 in Filer just West of Quality Truss & Lumber on Stevens Street.
Standard status
Pending
APN
RP10S16E180170
Size
7,968 SF
Lot size
5.67 Acres
Taxes and HOA fees
Tax Description
SEC 18 T 10 R 16 Tax #4533 IN NE NE
Tax Annual Amount
3005
Legal Description
SEC 18 T 10 R 16 Tax #4533 IN NE NE
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating), Hot Water(Heating)
Building Details
Year built
1971
Flooring type
Concrete, Wood
Building materials
Brick, Frame, Metal Siding, Wood Siding
Roof type
Composition, Metal
Listing Agency:
Berkshire Hathaway HomeServices Idaho Homes & Properties · Prudential Real Estate
(208) 733-5336
Listed By:
Mandi Riddle · License #DB32412
(208) 539-1230
Added: Oct 19, 2023
Changed: Sep 13
Last Checked: Sep 13 at 2:06PM
MLS# 98892897
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.
Investment Insights
Based on property information with market context.
This mixed-use property spans 5.67 acres and includes a 5,400-square-foot commercial shop, a 2,568-square-foot house, and an additional detached building. The shop has a concrete floor, office with its own entrance, two grade-level overhead doors, a rear sliding door, three-phase power, built-in exhaust, and an air compressor. The house dates to 1971 and includes updated flooring and paint, while the detached structure offers additional office or flex-space potential.
Located at 21000 A Hwy 30 in Filer, the property provides commercial highway frontage and on-site parking areas. The acreage is fenced and includes water shares, with pasture space that may support parking, animals, storage construction, or RV storage subject to applicable approvals. The property is served by a septic tank and includes brick, frame, metal siding, and wood siding construction elements.
Located at 21000 A Hwy 30 in Filer, the property provides commercial highway frontage and on-site parking areas. The acreage is fenced and includes water shares, with pasture space that may support parking, animals, storage construction, or RV storage subject to applicable approvals. The property is served by a septic tank and includes brick, frame, metal siding, and wood siding construction elements.
Key Highlights
- 5.67‑acre mixed‑use property at 21000 A Hwy 30, Filer, ID 83328
- 5,400‑square‑foot commercial shop with concrete floor and office entrance
- 10'x16' and 10'x10' grade‑level overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$76,239
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.67%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,524,780
$1.5M
Cap Rate 7%
$1,089,129
$1.1M
Cap Rate 9%
$847,100
$847.1K
Market Conditions
NOI Build-Up for 7,968 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$129.1K $16.20/SF
− Vacancy
−$7.1K −$0.89/SF
EGI
$122.0K $15.31/SF
− OpEx
−$45.7K −$5.74/SF
NOI
$76.2K $9.57/SF
Area
Twin Falls County, ID
Vacancy
5.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,524,780
Cap Rate 7%
$1,089,129
Cap Rate 9%
$847,100
Alternative Uses
Best Use
Mixed Use
$1.09M
$953.0K – $1.27M
NOI $76,239 @ 7.0% cap · market cap 8.67%
Second Best
Warehouse
$881.2K
$771.0K – $1.03M
NOI $61,682 @ 7.0% cap · market cap 7.01%
Theoretical Best
Specialty Retail
$1.83M
$1.60M – $2.13M
NOI $127,952 @ 7.0% cap · market cap 14.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
112
Businesses Nearby
Explore this area
Business Placement
Demographics for 83328, ID
6,230
Population
2,518
Households
2.5
Avg Household Size
37
Median Age
21%
College-Educated
86%
High-School Grad
67.3 sq mi
ZIP Area
93
Density / Sq Mi
$62,273
Median Household Income
$35,841
Median Earnings
$1,131
Median Rent
$293,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use acreage combines a commercial shop, separate office access, and additional buildings along highway frontage.
Where is this mixed-use property located?
The property is located at 21000 A Hwy 30 Filer, ID.
What is the asking price?
The asking price for this property is $879,500.
What are key features of this property?
This property features: 5.67‑acre mixed‑use property at 21000 A Hwy 30, Filer, ID 83328; 5,400‑square‑foot commercial shop with concrete floor and office entrance; 10'x16' and 10'x10' grade‑level overhead doors
