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    27 S 4th West Lava Hot Springs, ID 83246

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    For Sale
    $1,995,000

    All Units-One Building, 5 - 10 Units - Lava Hot Springs, ID

    Property size:
    5,388 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $370/SF
    Added:
    Apr 8, 2025
    Days on Market:
    395
    Last Refresh:
    May 7 at 6:06 pm

    Property Features for 27 S 4th West

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Commercial General
    Bedrooms
    12
    Bathrooms
    14
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Standard status
    Active
    Size
    5,388 SF
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4557

    Utilities

    Heating system
    Electric (Heating), Heat Pump (Heating)
    Cooling system
    Heat Pump

    Building Details

    Year built
    2022
    Number of units
    10
    Building materials
    Frame
    Architectural style
    Other

    We can help!

    Listing Contact
    Julie Hill

    Listing agent Julie Hill

    Listing office Signature Real Estate 344 W Main St, Lava Hot Springs, ID

    Listing date Apr 8, 2025

    MLS# 578860 Listing URL

    Copyright © 2026 Greater Pocatello 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

    • High‑performing short‑term rental property in Lava Hot Springs, a popular tourist destination.
    • Turnkey business with systems in place and proven income history.
    • Mix of 6 nightly rental units and 4 long‑term studio rental units with strong occupancy rates.
    • Located near hot pools, river tubing, shops, and restaurants.
    • Year‑round revenue potential due to diverse seasonal activities.
    • Built in 2022 with modern amenities including heat pump heating and cooling.

    Overview

    Lava Hot Springs Lodge Investment

    The Winzig Lodge presents an opportunity to acquire a short-term rental property in Lava Hot Springs, Idaho. This European-inspired lodge is situated near the hot pools, the Portneuf River, and local shops and restaurants. The property is positioned to benefit from year-round visitor traffic. It features 6 nightly rental units (2 units with 2 bedrooms and 3 bathrooms each, and 4 units with 1 bedroom and 1 bathroom each) and 4 long-term studio rental units. The property has occupancy rates and cash flow. The location attracts guests for its hot springs, river recreation, hiking, biking, and winter activities. This property is a turnkey business investment with systems in place and income history. It is suited for investors seeking an income-producing asset in a vacation rental market. The property size is 5388 square feet and the lot size is 0.23 acres. The property is located in Lava Hot Springs, Idaho. The property is zoned for commercial general use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Building Supply Auto Repair Shop Department Store Dental Office Storage Facility Grocery & Convenience Store Discount Store Furniture & Home Goods Grocery & Convenience Store Clothing & Fashion Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lava Hot Springs
    County
    Bannock
    State
    Idaho
    Longitude
    -112.01763
    Latitude
    42.618939

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    FAQs

    What type of property is this?
    Short term rental property - High-performing short-term rental property in Lava Hot Springs, Idaho.
    Where is this short term rental property located?
    The property is located at 27 S 4th West Lava Hot Springs, ID.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: High‑performing short‑term rental property in Lava Hot Springs, a popular tourist destination.; Turnkey business with systems in place and proven income history.; **Mix of 6 nightly rental units and 4 long‑term studio rental units with strong occupancy rates.**
    (208) 851-2667
    We can help!
    Listing Contact
    Julie Hill
    Real Estate License ID: 41848
    Learn More
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    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
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