Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    St. Joe River Waterfront Land Title is generated by Realmo AI

    248 Cedar Grove Lane, St Maries, ID 83861

    View on Map
    Claim this Listing
    Pending
    $325,000

    LAND - St. Maries, ID

    Lot size:
    0.86 Acres
    Added:
    May 7, 2026
    Days on Market:
    24
    Last Refresh:
    May 30 at 2:06 pm

    Property Features for 248 Cedar Grove Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Open
    Exterior features
    Fire Pit, Timber - Part
    Standard status
    Pending
    APN
    RP006600000140A
    Lot size
    0.86 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Cedar Grove Lot 14
    Tax Annual Amount
    957

    Utilities

    Water front
    1

    We can help!

    Listing Contact
    Mandi Knapp
    Mandi Knapp

    Listing agent Mandi Knapp License #DB48466

    Listing office St Maries Realty 726 Main St, St. Maries, ID

    Listing date May 7, 2026

    MLS# 26-4586 Listing URL

    Copyright © 2026 Coeur d'Alene 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.

    HighLights

    • St. Joe Riverfront Property: .86 acres with direct access to the emerald waters, ideal for swimming, kayaking, and relaxation.
    • Power Installed: Property is ready to use immediately.
    • Boat to Lake Coeur d'Alene: Direct river access allows boating to the lake.
    • Gentle River Entrance: Easy access to the water via a charming stone walkway.
    • Recreational Opportunities: Endless nearby activities including fishing, huckleberry picking, mountain exploring, and wildlife watching.
    • Convenient Location: Just 8 miles to the full‑service town of St. Maries with easy highway access.

    Overview

    This 0.86-acre property is located along the St. Joe River on Cedar Grove Lane. The land features power installation and a stone walkway leading to a gentle river entrance suitable for swimming and launching kayaks. Shady cedar trees cover the property. A fire pit is available for outdoor gatherings. Recreational opportunities include fishing, huckleberry picking, mountain exploring, boating, and wildlife watching. Boating access to Lake Coeur d'Alene is available. The town of St. Maries is located 8 miles away, providing access to services and the highway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    St Maries
    County
    Benewah
    State
    Idaho
    Longitude
    -116.547
    Latitude
    47.1781

    Nearby Similar for Sale

    • $535,000
      4,026 SF

      St. Maries Multifamily Investment Opportunity

      Four-unit property with rental income potential in St. Maries, ID.
      125 Sunset View St, St. Maries, ID 83861
      View Details
    • $260,000
      774 SF

      St. Maries Commercial Property

      Commercial property with shop, retail space, and residential unit.
      235 S 5th St, St. Maries, ID 83861
      View Details
    • $289,000
      1,500 SF

      Renovated Commercial Space in St. Maries

      1,500 sq ft commercial space with renovation and prime location.
      1421 J Ln, St. Maries, ID 83861
      View Details
    • $969,000
      5,184 SF

      St. Maries Commercial Opportunity

      Two income-generating properties on 4.1 acres in St. Maries, ID.
      68 and 104 Homer Drive, St. Maries, ID 83861
      View Details
    • $849,000
      7,355 SF

      St. Maries Mixed-Use Investment

      Mixed-use property with residential and commercial units in St. Maries.
      915 Main Ave, St. Maries, ID 83861
      View Details
    • $849,000
      7,355 SF

      St. Maries Mixed-Use Investment

      Mixed-use property with commercial units and apartments in St. Maries.
      915 Main Ave, St. Maries, ID 83861
      View Details
    • $50,000

      St. Maries Commercial Restaurant Opportunity

      Restaurant suite with transferable lease in convenient location.
      1117 Main Ave Suite #1, St. Maries, ID 83861
      View Details
    • $115,000

      St. Maries Riverfront Lot

      Level .18 acre lot with utilities in River Pine Estates.
      149 Sunny Rd, St. Maries, ID 83861
      View Details
    • $1,250,000

      Established Distribution Business Opportunity

      Turn-key distribution business with growth potential in multiple counties.
      Benewah Beverage and Custodial Llc, St. Maries, ID 83861
      View Details
    • $199,000
      470 SF

      Residential Land Near St. Maries

      4.6-acre residential land close to St. Maries, Idaho.
      NKA LOT #1 Saint Maries River Rd, St. Maries, ID 83861
      View Details
    • $79,000

      St. Maries Land For Sale

      Commercial or residential land for sale in St. Maries.
      115 S 5th St, St. Maries, ID 83861
      View Details
    • $489,900

      St. Joe Riverfront RV Lot

      Riverfront lot with RV hookups, dock, and outdoor cabana.
      850 Whitetail Flats Loop, St. Maries, ID 83861
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - 0.86-acre waterfront retreat on the St. Joe River.
    Where is this waterfront land located?
    The property is located at 248 Cedar Grove Lane St Maries, ID.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: St. Joe Riverfront Property: .86 acres with direct access to the emerald waters, ideal for swimming, kayaking, and relaxation.; Power Installed: Property is ready to use immediately.; Boat to Lake Coeur d'Alene: Direct river access allows boating to the lake.
    (208) 582-0267
    We can help!
    Listing Contact
    Mandi Knapp
    Mandi Knapp
    Real Estate License ID: DB48466
    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
    248 Cedar Grove Lane, St. Maries, ID 83861
    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!