Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Black Rock Building Site Title is generated by Realmo AI

    L169 S Basalt Dr, Coeur d Alene, ID 83814

    View on Map
    Claim this Listing
    For Sale
    $365,000

    LAND - Coeur d'Alene, ID

    Lot size:
    0.59 Acres
    Added:
    May 4, 2026
    Days on Market:
    12
    Last Refresh:
    May 15 at 6:06 pm

    Property Features for L169 S Basalt Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    County-RUR
    Standard status
    Active
    APN
    007700040040
    Lot size
    0.59 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    BLACK ROCK, LT 4 BLK 4 0848N04W
    Tax Annual Amount
    495

    We can help!

    Listing Contact
    Greg Rowley
    Greg Rowley

    Listing agent Greg Rowley License #SP39746

    Listing office Coldwell Banker Schneidmiller Realty 1924 Northwest Blvd, Coeur D'Alene, ID

    Listing date May 4, 2026

    MLS# 26-4408 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

    • Enjoy elevated views of the golf course, surrounding mountains, and Lake Coeur d'Alene.
    • Shovel‑ready homesite with community water, sewer, and utility hookups.
    • Located in the prestigious, gated Black Rock community with 24/7 security.
    • Easy year‑round access.
    • 0.59 acre homesite positioned beyond the back tees of the 8th hole.
    • Beautiful territorial views towards neighboring CDA National Reserve.

    Overview

    This 0.59-acre building site is located within the prestigious Black Rock community, positioned beyond the back tees of the 8th hole. The property offers elevated views of the golf course, surrounding mountains, and Lake Coeur d'Alene in the distance, with territorial views towards the neighboring CDA National Reserve from the front of the lot. The site is shovel-ready and has community water, sewer, and utility hookups available. The gated community offers 24/7 security and easy year-round access. Membership to The Golf Club at Black Rock is not included or required to purchase property within the Black Rock Community, but may be available to apply for and purchase separately. The property is located in Coeur d'Alene, Idaho, in Kootenai County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Gym & Fitness Center Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Coeur d Alene
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.873446
    Latitude
    47.519748

    Nearby Similar for Sale

    • $399,000

      Established Retail Gem in Coeur d'Alene

      Thriving jewelry boutique in downtown Coeur d'Alene with full inventory.
      414 E Sherman Ave, Coeur d'Alene, ID 83814
      View Details
    • $290,000

      Established Restaurant in Coeur d'Alene

      Well-known restaurant with a strong community connection and proven concept.
      322 E Sherman Ave, Coeur d'Alene, ID 83814
      View Details
    • $720,000
      3,132 SF

      Coeur d'Alene Commercial Building

      Mid-town commercial building with office space and parking.
      408 E MONTANA Ave, Coeur d'Alene, ID 83814
      View Details
    • $525,000
      1,177 SF

      Coeur d'Alene Craftsman Home

      Charming home with separate living quarters in midtown Coeur d'Alene.
      1070 N 1st St, Coeur d'Alene, ID 83814
      View Details
    • $449,900

      Land in Peaceful Rural Setting

      5-acre lot with utilities near Coeur d'Alene amenities.
      10464 W THOMPSON RD, Coeur d'Alene, ID 83814
      View Details
    • $725,000
      3,945 SF

      Remodeled Duplex with Large Shop

      Spacious Coeur d'Alene duplex with shop, remodeled in 2021.
      3314&3316 N 5TH St, Coeur d'Alene, ID 83815
      View Details
    • $649,900
      2,724 SF

      Coeur d'Alene Duplex For Sale

      Duplex with long-term tenants in central Coeur d'Alene location.
      105 E Borah Ave, Coeur d'Alene, ID 83814
      View Details
    • $615,900
      1,344 SF

      Coeur d'Alene Commercial Property

      Unique commercial property with residential and multi-family potential.
      1813 N Government Way, Coeur d'Alene, ID 83814
      View Details
    • $629,000
      1,648 SF

      Coeur d'Alene Duplex on Large Lot

      Centrally located duplex with rental income potential near amenities.
      1024 E Woolsey Dr, Coeur d'Alene, ID 83814
      View Details
    • $2,795,000

      Downtown Coeur d'Alene Restaurants

      Two established restaurants on high-visibility Sherman Avenue in Coeur d'Alene.
      523/517 E Sherman Avenue, Coeur d'Alene, ID 83814
      View Details
    • $172,000
      587 SF

      Storage Condo in Coeur d'Alene

      Affordable storage condo with easy access and customization options.
      3334 N HUETTER Rd, Coeur d'Alene, ID 83814
      View Details
    • $250,000
      1,024 SF

      Coeur d'Alene Industrial Condo

      Rare corner unit industrial condo with easy access.
      3525 N Huetter Rd, Coeur d'Alene, ID 83814
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.59 acre homesite with golf course and mountain views.
    Where is this residential land & home lot located?
    The property is located at L169 S Basalt Dr Coeur d Alene, ID.
    What is the asking price?
    The asking price for this property is $365,000.
    What are key features of this property?
    This property features: Enjoy **elevated views** of the golf course, surrounding mountains, and Lake Coeur d'Alene.; Shovel‑ready homesite with community water, sewer, and utility hookups.; Located in the prestigious, **gated Black Rock community** with 24/7 security.
    (208) 659-6527
    We can help!
    Listing Contact
    Greg Rowley
    Greg Rowley
    Real Estate License ID: SP39746
    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
    L169 S Basalt Dr, Coeur d'Alene, ID 83814
    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!