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

    3769 Lava Ln Island Park, ID 83429

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime Commercial Cabin, 1.59 Acres

    Property size:
    1,065 SF

    Property Features for 3769 Lava Ln

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,065 SF
    Lot Size
    69,260 SF

    We can help!

    Listing Contact
    Kristen Andelin

    Listing Agency: Mountain Life Realty Listing Agent: Kristen Andelin

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

    Learn more

    Property Insight Report

    Overview

    This exceptional mixed-use commercial property in Island Park, Idaho, presents a rare investment opportunity. Located at 3769 Lava Ln, 83429, this 1,065 square foot property sits on a spacious 1.59-acre lot zoned Fremont-C1-Commercial. Currently operating as a successful short-term rental, the cabin features an open layout, two bedrooms, one bathroom, and a dedicated office nook. Its convenient location offers easy access to local amenities including restaurants, hotels, and gas stations. Outdoor enthusiasts will appreciate its proximity to the renowned Henrys Fork River, providing world-class fishing opportunities, and numerous trails ideal for both summer and winter recreation. The property is also a short drive from Harriman State Park, Henrys Lake State Park, and the West Gate of Yellowstone National Park. The property is surrounded by beautiful natural scenery, including pine and aspen trees, and vibrant wildflowers during the summer months. This unique offering combines the potential for continued short-term rental income with the flexibility of commercial zoning, making it an ideal investment for a variety of uses. The asking price is $645,000. A 3D tour is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Auto Repair Shop Kitchen & Bath Showroom Bar & Pub Cafe & Coffee Shop (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Travel Agency Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Island Park
    County
    Fremont
    State
    Idaho
    Longitude
    -111.3989068
    Latitude
    44.367559

    Nearby Similar for Sale

    • $2,985,000
      9,000 SF

      Turnkey Business Near Yellowstone Park

      Thriving commercial property with lodging, retail, and guided fishing.
      4771 Us Highway 20, Island Park, ID 83429
      View Details
    • New
      $890,000
      2,160 SF

      Furnished Triplex Near Pond's Lodge

      Island Park triplex ideal for vacation rental or multi-family getaway.
      3770 Arctic Fox Dr, Island Park, ID 83429
      View Details
    • $3,150,000
      8,790 SF

      Island Park Townhouse Quadplex

      Four-unit townhouse near Yellowstone, ideal for short-term rentals.
      4359 Yeti Ln, Island Park, ID 83429
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Prime Commercial Cabin, 1.59 Acres
    Where is this mixed-use property located?
    The property is located at 3769 Lava Ln Island Park, ID.
    What is the asking price?
    The asking price for this property is $645,000.
    What are key features of this property?
    This property features: $645,000 asking price.; Mixed-use commercial property.; 1,065 square feet.
    (208) 982-0309 Call to check price and availability
    Request Owner's contact information
    3769 Lava Ln Island Park, ID 83429
    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.
    3769 Lava Ln
    Island Park, ID 83429
    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
    3769 Lava Ln Island Park, ID 83429
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Kristen Andelin
    Real Estate License ID: 56532
    (208) 982-0309 (208) 360-8850
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!