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    Recreation Acreage with Shop Title is generated by Realmo AI

    NKA Amaze Way, Athol, ID 83801

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    For Sale
    $649,000

    LAND - Athol, ID

    Lot size:
    16.94 Acres
    Added:
    Feb 24, 2026
    Days on Market:
    103
    Last Refresh:
    Jun 7 at 2:06 am

    Property Features for NKA Amaze Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    County RUR
    Exterior features
    Timber - All
    Standard status
    Active
    APN
    RP54N03W231300A
    Lot size
    16.94 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    23-54N-3W E2w2 Swne N Of Bn R/W W 240Ft Of E2swne N Of Bn R/W AND 23-54N-3W E 420 Ft Of E2swne & NWsene N Of G N R R
    Tax Annual Amount
    2126

    We can help!

    Listing Contact
    Rob Sower
    Rob Sower

    Listing agent Rob Sower License #SP38757

    Listing office Keller Williams Realty Boise 1065 S Allante Place, Boise, ID

    Listing date Feb 24, 2026

    MLS# 26-1585 Listing URL

    Copyright © 2026 Coeur d'Alene 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.

    HighLights

    • 16.94‑acre property with 2 adjacent parcels—ready for a North Idaho getaway or recreational retreat.
    • Includes a large shop on the property.
    • No HOA or CC&R restrictions reported.
    • Terrain features gentle sloping and areas of flat ground for flexible building options.
    • Easy access to Hwy 95, with a short drive to CDA.
    • Close to Farragut State Park, Lake Pend Oreille, and Sandpoint.

    Overview

    This recreation-oriented land offering includes two adjacent parcels totaling 16.94 acres, giving buyers room to create a personal compound or retreat. The property features a mix of gentle sloping and flat ground to support a variety of site layouts. A large shop is mentioned as part of the opportunity, and the listing notes there are no HOA or CC&R restrictions, allowing greater flexibility in how the property is used.

    The land is located in Athol, Idaho, in Bonner County, with zoning identified as County RUR. The listing highlights easy access to Highway 95, positioning the property for relatively short drives to Coeur d’Alene, Farragut State Park, Lake Pend Oreille, and Sandpoint.

    For buyers seeking recreation land with development flexibility, the combination of multiple build-ready areas and the absence of HOA/CC&R constraints may simplify planning. The presence of a large shop can also be useful for storage, projects, or outfitting an outdoor property, while the acreage configuration supports a range of practical on-site uses. Buyers can verify all intended uses, access details, and development requirements with Bonner County under the County RUR zoning designation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Athol
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.662909
    Latitude
    48.017224

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    FAQs

    What type of property is this?
    Recreation land - Two adjacent parcels totaling 16.94 acres offer gentle slopes and flexible build options near Highway 95.
    Where is this recreation land located?
    The property is located at NKA Amaze Way Athol, ID.
    What is the asking price?
    The asking price for this property is $649,000.
    What are key features of this property?
    This property features: 16.94‑acre property with 2 adjacent parcels—ready for a North Idaho getaway or recreational retreat.; Includes a large shop on the property.; No HOA or CC&R restrictions reported.
    (208) 761-5100
    We can help!
    Listing Contact
    Rob Sower
    Rob Sower
    Real Estate License ID: SP38757
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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.

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