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

    450 W Grand ave Arco, ID 83213

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Commercial property in Arco, Idaho, with ample parking.

    Type:Industrial, Land
    Property size:
    1,681 SF
    Price / SF:
    $232/SF
    Added:
    Jul 23, 2022
    Days on Market:
    1372
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 450 W Grand ave

    General Information

    Standard status
    Active
    Size
    1,681 SF
    Property subtype
    Industrial, Land

    We can help!

    Listing Contact
    Melyssa Cuellar

    Listing agent Melyssa Cuellar License #ID

    Listing office Twin Falls Office

    Listing date Jul 23, 2022

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Twin Falls Office

    Overview

    Arco Commercial Property For Sale

    Located in the original part of Arco, Idaho, this commercial property, known as The Sombrero Cowboy, occupies a corner lot that provides ample parking on the side and in the back. The property is situated in proximity to Craters of the Moon, shopping areas, schools, and various recreational activities. The property size is 1681 square feet.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Auto Repair Shop Pharmacy Gym & Fitness Center Hotel & Motel

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

    Similar Places Nearby

    • Touch of Country Floral — 118 W Lost River Ave, Arco, ID 83213

    Location Insight

    • Map
    • Local Demand
    City
    Arco
    County
    Butte
    State
    Idaho
    Longitude
    -113.295849
    Latitude
    43.638576

    Nearby Similar for Sale

    • $130,000
      1,954 SF

      Arco, ID Retail Opportunity

      Retail space with laundromat on a high-traffic corner lot.
      238 S Front Street, Arco, ID 83213
      View Details
    • $500,000
      4,440 SF

      Hardware Business in Arco, Idaho

      Thriving hardware and metal business with real estate for sale.
      331 N Idaho Street, Arco, ID 83213
      View Details
    • $136,000
      2,068 SF

      Arco Fourplex Investment Opportunity

      Fourplex in Arco, ID with highway frontage and value-add potential.
      560 W Grand Avenue, Arco, ID 83213
      View Details
    • $299,900

      25 Acres Near Arco, Idaho

      25-acre parcel suited for housing development or agricultural use.
      Sunset Drive, Arco, ID 83213
      View Details
    • $115,000

      Arco, Idaho 5-Acre Land

      5-acre property near Arco, Idaho, ideal for building.
      W 2500 N, Arco, ID 83213
      View Details
    • $146,000

      Arco, ID Land For Sale

      40 acre land parcel available in Arco, Idaho.
      3151 W 2500 N, Arco, ID 83213
      View Details
    • $48,500

      Commercial Building in Arco, Idaho

      Commercial building with fenced lot and large backyard.
      138 S Front Street, Arco, ID 83213
      View Details
    • $230,000
      2,430 SF

      Updated Office Building with Shop

      Well-kept office building with shop area in Arco, Idaho.
      147 S Idaho Street, Arco, ID 83213
      View Details
    • $250,000

      Mountain Man Cafe Opportunity

      Former cafe and trading post with highway frontage.
      2338 W Hwy 93, Arco, ID 83213
      View Details
    • $129,000

      Commercial Building in Arco, Idaho

      Commercial building with garage and carport in Arco, Idaho.
      153 Lost River Avenue, Arco, ID 83213
      View Details

    FAQs

    What type of property is this?
    Storefront property - Commercial property in Arco, Idaho, with ample parking.
    Where is this storefront property located?
    The property is located at 450 W Grand ave Arco, ID.
    What is the asking price?
    The asking price for this property is $390,000.
    What are key features of this property?
    This property features: Corner lot location.; Ample parking in both the side and back.; Close proximity to Craters of the Moon National Monument.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Melyssa Cuellar
    Real Estate License ID: ID
    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!