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

    380 Lakeside Fairfield, ID 83327

    View on Map
    Claim this Listing
    For Sale
    $187,900

    LAND - Fairfield, ID

    Lot size:
    6.59 Acres
    Added:
    Sep 15, 2025
    Days on Market:
    228
    Last Refresh:
    Apr 30 at 7:06 am

    Property Features for 380 Lakeside

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    RP02S17E022404A
    Lot size
    6.59 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    Tax No 1895 Sec 2 T2s R17e
    Tax Annual Amount
    139

    Utilities

    Utilities
    Electricity Available
    Water front features
    Waterfront
    Water front
    1

    We can help!

    Listing Contact
    Jeffrey Wills

    Listing agent Jeffrey Wills License #AB39350

    Listing office Homes of Idaho 3597 E Monarch Sky Lane, Nampa, ID

    Listing date Sep 15, 2025

    MLS# 98961728 Listing URL

    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.

    Overview

    Magic Reservoir Waterfront Land Opportunity

    This property offers 6.59 acres of waterfront land on the shores of Magic Reservoir. The land is divided into two separate parcels, one of 4.35 acres and another of 2.21 acres. The property allows for the development of up to 4 homes per parcel, providing flexibility for building a private retreat, creating family getaways, or pursuing an investment development. There are no HOA restrictions. Power is available to the property. The property offers water views and recreational opportunities. The Reservoir is currently low due to the water season, but the water level comes much closer to the property line during high water season. The property is located in Fairfield, ID.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Fairfield
    County
    Camas
    State
    Idaho
    Longitude
    -114.795
    Latitude
    43.4721

    Nearby Similar for Sale

    • $399,000
      662 SF

      Turn-Key Fairfield Drive-Thru Shop

      Drive-thru coffee and sandwich shop with redevelopment potential.
      101 2nd St E, Fairfield, ID 83327
      View Details
    • $309,000
      662 SF

      Turn-Key Drive-Thru Coffee Shop

      Drive-thru coffee shop on Highway 20 with income potential.
      101 2nd St E, Fairfield, ID 83327
      View Details
    • $110,000

      Fairfield Mixed-Use Land Opportunity

      Mixed-use property in downtown Fairfield, Idaho, with development potential.
      101 2nd St E, Fairfield, ID 83327
      View Details
    • $110,000

      Fairfield Mixed-Use Land Opportunity

      Versatile commercial/residential land in downtown Fairfield, Idaho.
      101 2nd St E, Fairfield, ID 83327
      View Details
    • $79,000

      Fairfield, ID Half-Acre Lot

      Half-acre lot in a peaceful country community near recreation.
      380 Bison Way, Fairfield, ID 83327
      View Details
    • $105,000

      Fairfield Land Near Recreation

      5.09 acres near Soldier Mountain with year-round recreation.
      Mountain View Cir, Fairfield, ID 83327
      View Details
    • $310,000
      2,096 SF

      Fairfield Live/Work Commercial Building

      Live/work building in downtown Fairfield with high-end finishes.
      113 Poplar Ave W, Fairfield, ID 83327
      View Details
    • $110,000

      Fairfield ID Land Homesite

      6.28 acre homesite with views near recreation.
      Buena Vista Loop lot: 20, Fairfield, ID 83327
      View Details
    • $107,000

      Fairfield ID Land Homesite

      5.18 acre homesite with views and recreation access.
      Buena Vista Loop lot: 22, Fairfield, ID 83327
      View Details
    • $104,000

      Fairfield Land with View Homesites

      Residential land near recreation with mountain views and easy access.
      Buena Vista Loop lot: 21, Fairfield, ID 83327
      View Details
    • $199,999

      Fairfield Land with Stunning Views

      Land with utilities and views near Soldier Mountain.
      Palamino, Fairfield, ID 83327
      View Details
    • $89,000

      Fairfield Land with Mountain Views

      8.03-acre lot near Soldier Mountain and Mormon Reservoir.
      Redtail Ln Lot 7 Blk 2, Fairfield, ID 83327
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - 6.59 acres of waterfront land on Magic Reservoir.
    Where is this waterfront land located?
    The property is located at 380 Lakeside Fairfield, ID.
    What is the asking price?
    The asking price for this property is $187,900.
    What are key features of this property?
    This property features: Waterfront property on Magic Reservoir with sweeping water views; 6.59 acres offered as two separate parcels (4.35 acres and 2.21 acres); Development potential: ability to build up to 4 homes per parcel
    (208) 631-8775
    We can help!
    Listing Contact
    Jeffrey Wills
    Real Estate License ID: AB39350
    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!