Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    222 Dover Lane Twin Falls, ID

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Commercial land with easy interstate access near major businesses.

    Type:LAND
    Lot size:
    4.74 Acres
    Added:
    Apr 28, 2025
    Days on Market:
    363
    Last Refresh:
    Apr 5 at 8:56 pm

    Property Features for 222 Dover Lane

    General Information

    Standard status
    Active
    Lot size
    4.74 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Tami Walker
    Tami Walker

    Listing agent Tami Walker License #SP45677

    Listing office Colliers International Idaho |Twin Falls

    Listing date Apr 28, 2025

    Source Moodyscre

    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 Colliers International Idaho |Twin Falls

    Overview

    Commercial Land Near State Hwy

    This commercial land is located just off State Highway 30, offering convenient access to the interstate. The property is situated in close proximity to major businesses including Chobani, Clif Bar, and Jayco. The zoning is C-1 Commercial Highway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Twin Falls
    County
    Twin Falls
    State
    Idaho
    Longitude
    -114.431
    Latitude
    42.545

    Nearby Similar for Sale

    • $399,900
      2,560 SF

      Twin Falls Versatile Income Property

      Duplex with commercial zoning on high-traffic Addison Avenue.
      1644 Addison Ave E, Twin Falls, ID 83301
      View Details
    • $799,999
      4,825 SF

      Twin Falls Multi-Unit Investment Property

      Triplex on 4 acres with income potential and room to grow.
      564 S Blue Lakes Blvd, Twin Falls, ID 83301
      View Details
    • $610,000

      Twin Falls Land with Canyon Views

      Rare opportunity to own land with Shoshone Falls views.
      738 & 727 Falls View Drive, Twin Falls, ID 83301
      View Details
    • $940,000

      Twin Falls Commercial Power Plant

      Well-maintained commercial power plant with water rights for sale.
      3775 N 2500 E, Twin Falls, ID 83301
      View Details
    • $417,900
      2,024 SF

      Twin Falls Duplex: Modern Investment

      Well-maintained 2019 duplex with strong income potential.
      317/321 Adams St., Twin Falls, ID 83301
      View Details
    • $654,000

      Prime Land on Kimberly Road

      Versatile commercial land with high visibility and development potential.
      1701 Kimberly Rd., Twin Falls, ID 83301
      View Details
    • $500,000
      2,970 SF

      Twin Falls Triplex Investment Opportunity

      Triplex with upgrades, commercial zoning, near College of Southern Idaho.
      195 Washington St N, Twin Falls, ID 83301
      View Details
    • $515,000
      3,246 SF

      Twin Falls Fourplex on Large Lot

      Income-producing fourplex with growth potential bordering a city park.
      351 Lois St., Twin Falls, ID 83301
      View Details
    • $385,000
      2,304 SF

      Twin Falls Duplex Near College

      Duplex near College of Southern Idaho with income potential.
      324/328 Ridgeway Dr., Twin Falls, ID 83301
      View Details
    • $1,654,408

      Twin Falls Commercial Development Opportunity

      2.11 acres in high-traffic area, ideal for development.
      235 Avenida Del Rio, Twin Falls, ID 83301
      View Details
    • $4,963,224

      Twin Falls Commercial Development Opportunity

      6.33 acres in high-traffic Twin Falls commercial corridor.
      Avenida Del Rio, Twin Falls, ID 83301
      View Details
    • $1,654,408

      Twin Falls Commercial Development Opportunity

      2.11 acres in high-traffic Twin Falls commercial corridor.
      265 Avenida Del Rio, Twin Falls, ID 83301
      View Details

    FAQs

    What type of property is this?
    Land - Commercial land with easy interstate access near major businesses.
    Where is this land located?
    The property is located at 222 Dover Lane Twin Falls, ID.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: C‑1 Commercial Highway zoning; Easy access to interstate; Located near Chobani, Clif Bar and Jayco
    (208) 472-2827 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Tami Walker
    Tami Walker
    Real Estate License ID: SP45677
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!