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

    433 N 7TH St Montpelier, ID 83254

    View on Map
    Claim this Listing
    For Sale
    $64,900

    LAND - Montpelier, ID

    Lot size:
    0.56 Acres
    Added:
    Sep 24, 2024
    Days on Market:
    590
    Last Refresh:
    May 5 at 11:06 pm

    Property Features for 433 N 7TH St

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Single-Family, Multi-Fami
    Standard status
    Active
    APN
    00481.05
    Lot size
    0.56 Acres

    Taxes and HOA fees

    Tax Annual Amount
    260

    Utilities

    Utilities
    Natural Gas Available

    We can help!

    Listing Contact
    Holden Budge
    Holden Budge

    Listing agent Holden Budge License #51748

    Listing office Mountain Retreat Real Estate, LLC PO Box 221, Georgetown, ID

    Listing date Sep 24, 2024

    MLS# 2025158 Listing URL

    Copyright © 2026 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Montpelier, ID Building Lot

    This 0.56-acre building lot is located in Montpelier, Idaho. Zoned R-4, the property allows for the construction of either a duplex or a single-family home with a large backyard. The location offers a semi-rural feel while remaining close to the conveniences of Montpelier. Additionally, the property is situated in a large animal district, providing the option to keep horses on the lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Montpelier
    County
    Bear Lake
    State
    Idaho
    Longitude
    -111.305329
    Latitude
    42.324675

    Nearby Similar for Sale

    • $699,000
      4,520 SF

      Montpelier, ID Commercial Opportunity

      Versatile commercial building with three office spaces in Montpelier, Idaho.
      755 N 4th St, Montpelier, ID 83254
      View Details
    • $429,000

      Expansive Montpelier Land Parcel

      74-acre property with frontage, water rights, and utilities access.
      1776 OVID Rd, Montpelier, ID 83254
      View Details
    • $4,200,000
      16,035 SF

      Clover Creek Inn Hospitality Property

      Hospitality property with strong occupancy in popular tourism market.
      243 N 4th Street, Montpelier, ID 83254
      View Details
    • $80,000

      Montpelier Corner Lot For Sale

      Spacious corner lot in Montpelier, ideal for residential development.
      403 N 7TH St, Montpelier, ID 83254
      View Details
    • $880,000

      Prime Agricultural Land Near Montpelier

      115 acres near Bear Lake, ideal for agriculture/development.
      19154 US 89, Montpelier, ID 83254
      View Details
    • $4,200,000
      16,035 SF

      Clover Creek Inn Hospitality Property

      Hospitality property with guest suites, bar, and parking in Montpelier.
      243 N 4th Street, Montpelier, ID 83254
      View Details
    • $955,000

      Montpelier, ID Agricultural Land

      158.99 acres in Bear Lake County, Idaho. Zoned AG.
      HIGHWAY 30, Montpelier, ID 83254
      View Details
    • $650,000
      12,428 SF

      Montpelier, ID Commercial Opportunity

      Former car dealership with showroom, shop, offices, and retail space.
      205 N 4th St, Montpelier, ID 83254
      View Details
    • $229,000

      Rockwell Ridge Land Opportunity

      4.9 acre lot near Bear Lake and National Forests.
      300 MAGGI Rd, Montpelier, ID 83254
      View Details
    • $129,000

      Montpelier Land in Prime Location

      2.5 acre lot near Bear Lake's North Beach.
      17 HUCKLEBERRY Ln, Montpelier, ID 83254
      View Details
    • $139,000

      Acreage in Prime Location

      2.5 acre lot near Bear Lake and outdoor recreation.
      43 HUCKLEBERRY Ln, Montpelier, ID 83254
      View Details
    • $229,000

      Rockwell Ridge Land Opportunity

      4.9 acre lot near Bear Lake with paved access.
      400 MAGGI Rd, Montpelier, ID 83254
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Roomy lot in Montpelier, build a duplex or dream home.
    Where is this residential land & home lot located?
    The property is located at 433 N 7TH St Montpelier, ID.
    What is the asking price?
    The asking price for this property is $64,900.
    What are key features of this property?
    This property features: Zoned R‑4: Build a duplex or single‑family home.; Large animal district: Allows for keeping horses on the property.; 0.56 acre lot: Offers ample space for a large backyard.
    (208) 399-5409
    We can help!
    Listing Contact
    Holden Budge
    Holden Budge
    Real Estate License ID: 51748
    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

    Thank You for Inquiry
    433 N 7TH St, Montpelier, ID 83254
    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!