Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Property with Rental Units Title is generated by Realmo AI

    Tract 2 Highway 2, Bonners Ferry, ID 83805

    View on Map
    Claim this Listing
    New
    For Sale
    $639,000

    COMMERCIAL - Bonners Ferry, ID

    Property size:
    1,203 SF
    Lot size:
    2.83 Acres
    Price / SF:
    $531/SF
    Added:
    May 21, 2026
    Days on Market:
    3
    Last Refresh:
    May 23 at 12:06 pm

    Property Features for Tract 2 Highway 2

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Com/Commercial
    Basement
    None
    Standard status
    Active
    Size
    1,203 SF
    Lot size
    2.83 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    SEE ATTACHED
    Tax Annual Amount
    3599

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Propane (Heating), Propane Stove, Electric (Heating), Other (Heating), Baseboard
    Water source
    Well

    Building Details

    Year built
    2000
    Building materials
    Cedar, Lap Siding, Frame
    Roof type
    Metal
    Architectural style
    Other
    Additional Structures
    Workshop

    We can help!

    Listing Contact
    Isaac Carey

    Listing agent Isaac Carey License #SP53544

    Listing office ERA - Shelman Realty Po Box 538, Bonners Ferry, ID

    Listing date May 21, 2026

    MLS# 26-5231

    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

    • Strong income potential with 17 rental units: cabin, RV sites, and tent sites.
    • 2.82 acres of mixed commercial/residential zoned property in North Idaho.
    • Located near Bonners Ferry with easy year‑round access.
    • High‑producing shared well (50 GPM).
    • Includes a 16x42 storage shop with overhang.
    • Features a charming cabin with a proven short‑term rental history.

    Overview

    This 2.82-acre property, zoned for mixed commercial and residential use, is situated near Bonners Ferry, Idaho, amidst forests and mountain ranges, offering year-round access. Currently operating as part of the Hemlocks campground, the property includes a cabin with a short-term rental history, 13 full-service RV sites, and 2 tent sites equipped with water and power hookups. Additional accommodations consist of a small cabin attached to a camper, plus a standalone camper. A 16x42 storage shop with an overhang is also present. The property features a high-producing shared well yielding approximately 50 gallons per minute. The property contains 17 rental units.
    Location Intelligence

    Current Use by Public Records

    Campgrounds

    Map

    City
    Bonners Ferry
    County
    Boundary
    State
    Idaho
    Longitude
    -116.651
    Latitude
    48.8159

    Nearby Similar for Sale

    • $685,000
      2,520 SF

      Bonners Ferry Commercial Opportunity

      Operating business with equipment, land, and building for sale.
      6708 Main St, Bonners Ferry, ID 83805
      View Details
    • $4,950,000
      8,910 SF

      North Idaho Resort in Bonners

      Resort in the Purcell Mountains with riverfront access.
      2673 Moyie River Rd, Bonners Ferry, ID 83805
      View Details
    • $399,999
      1,920 SF

      Versatile Commercial Building in Bonners

      Commercial building with highway frontage and income potential.
      6665 Main St, Bonners Ferry, ID 83805
      View Details
    • $1,850,000
      10,000 SF

      Bonners Ferry Flex Space Available

      10,000 SF industrial/flex space with apartment on 1 acre.
      509977 U.S. 95, Bonners Ferry, ID 83805
      View Details
    • $1,650,000

      Bonners Ferry Lodge and Restaurant

      Turn-key lodge and restaurant with expansion potential in Bonners Ferry.
      5952 Main St, Bonners Ferry, ID 83805
      View Details
    • $559,000
      20,000 SF

      Aviation Hangar with Taxiway Access

      Versatile aviation hangar suitable for various aviation businesses.
      203 Industrial Way S, Bonners Ferry, ID 83805
      View Details
    • $1,700,000
      9,053 SF

      Remodeled Motel on Commercial Acres

      Recently remodeled 20-unit motel on over 3 commercial acres.
      6409 S Main St, Bonners Ferry, ID 83805
      View Details
    • $672,000
      810 SF

      32.46 Acres Overlooking Kootenai River

      Legacy property with river views, suitable for family or investor.
      2447 Turner Hill Rd, Bonners Ferry, ID 83805
      View Details
    • $525,000
      2,400 SF

      Remodeled 5-Plex in Downtown

      Fully leased, remodeled 5-plex near downtown Bonners Ferry, ID.
      6476 Kootenai St, Bonners Ferry, ID 83805
      View Details

    FAQs

    What type of property is this?
    Campground - 2.82 acres with rental units near Bonners Ferry, Idaho.
    Where is this campground located?
    The property is located at Tract 2 Highway 2 Bonners Ferry, ID.
    What is the asking price?
    The asking price for this property is $639,000.
    What are key features of this property?
    This property features: Strong income potential with 17 rental units: cabin, RV sites, and tent sites.; 2.82 acres of mixed commercial/residential zoned property in North Idaho.; Located near Bonners Ferry with easy year‑round access.
    (208) 661-1389
    We can help!
    Listing Contact
    Isaac Carey
    Real Estate License ID: SP53544
    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
    Tract 2 Highway 2, Bonners Ferry, ID 83805
    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!