Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers

    24 Wapiti Drive, Cascade, ID 83611

    View on Map
    Claim this Listing
    For Sale
    $239,000

    LAND - Cascade, ID

    Lot size:
    0.91 Acres
    Added:
    Apr 28, 2026
    Days on Market:
    29
    Last Refresh:
    May 26 at 2:06 pm

    Property Features for 24 Wapiti Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    RP00102002018A
    Lot size
    0.91 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    582

    Utilities

    Water front features
    Waterfront, Lake, Creek
    Water front
    1

    Building Details

    Additional Structures
    Storage

    We can help!

    Listing Contact
    Toni Curtis

    Listing agent Toni Curtis

    Listing office Silvercreek Realty Group LLC 1099 S Wells Suite 200, Meridian, ID

    Listing date Apr 28, 2026

    MLS# 544297 Listing URL

    Copyright © 2026 Mountain Central Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Three waterfront lots with creek access offering enhanced recreational opportunities and natural beauty.
    • No CC&Rs or HOA provide freedom from restrictive covenants and fees.
    • Multi‑use zoning allows for flexible usage including single‑family home, agriculture, or timber use, including a shop or garage.
    • Individual parcels can be used or sold separately, despite being combined for tax purposes.
    • Existing infrastructure includes a dry cabin with covered porch on Lot 18 and a shipping container for storage on Lot 17.
    • Easy access & RV parking with well‑maintained gravel driveways and level graveled area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Cascade
    County
    Valley
    State
    Idaho
    Longitude
    -116.146215
    Latitude
    44.561155

    Nearby Similar for Sale

    • $1,250,000
      1,536 SF

      Established Nursery Business on 8+ Acres

      Turn-key nursery business on 8+ acres in Cascade, Idaho.
      12 Alpha Lane, Cascade, ID 83611
      View Details
    • $285,000
      1,224 SF

      Commercial Land in Cascade, ID

      Commercial land with highway frontage and mixed-use potential.
      301 S Main Street, Cascade, ID 83611
      View Details
    • $165,000

      Cascade Commercial Lot on Main

      High-visibility commercial lot in downtown Cascade.
      119 S Main Street, Cascade, ID 83611
      View Details
    • $1,349,000

      Lake Cascade Waterfront Land Opportunity

      One-acre waterfront property with potential for multiple homes.
      44 Pats Lane, Cascade, ID 83611
      View Details
    • $149,900

      Land Near Kelly's Whitewater Park

      Building lot near Kelly's Whitewater Park with easy highway access.
      111 Cabarton Road, Cascade, ID 83611
      View Details
    • $110,000

      Scenic Lot Near Lake Cascade

      Land with views near Lake Cascade, convenient location.
      468 Hilltop Road, Cascade, ID 83611
      View Details
    • $2,900,000

      348 Acres of Idaho Mountain Ground

      Stunning Idaho mountain ground near Herrick Reservoir in Cascade.
      Skunk Creek Road, Cascade, ID 83611
      View Details
    • $239,000

      Waterfront Lots with Creek Access

      Waterfront lots with creek access, dry cabin, and container.
      24 Wapiti Dr, Cascade, ID 83611
      View Details
    • $275,000

      Cascade Land Ready for Building

      2.021 acre lot ready for custom home or recreation.
      15 Rising Ln, Cascade, ID 83611-5419
      View Details
    • $199,900

      Wooded Land in Cascade, Idaho

      2.56-acre wooded lot with southeast views in Eagle Nest.
      45 Joshua Drive, Cascade, ID 83611
      View Details
    • $389,000

      20 Acres of Recreational Land

      20-acre retreat near Cascade with mountain views and amenities.
      101 Sixty Lane, Cascade, ID 83611
      View Details
    • $389,000

      20 Acres of Recreational Land

      20-acre retreat near Cascade, ID, with mountain views.
      101 Sixty Ln, Cascade, ID 83611
      View Details

    FAQs

    Where is this waterfront land located?
    The property is located at 24 Wapiti Drive Cascade, ID.
    What is the asking price?
    The asking price for this property is $239,000.
    What are key features of this property?
    This property features: Three waterfront lots with creek access offering enhanced recreational opportunities and natural beauty.; No CC&Rs or HOA provide freedom from restrictive covenants and fees.; Multi‑use zoning allows for flexible usage including single‑family home, agriculture, or timber use, including a shop or garage.
    (208) 630-3553
    We can help!
    Listing Contact
    Toni Curtis
    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
    24 Wapiti Drive, Cascade, ID 83611
    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!