Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Spacious Lot in Teton Heights Title is generated by Realmo AI

    L16B8 146 N, Rigby, ID 83442

    View on Map
    Claim this Listing
    For Sale
    $99,500

    LAND - Rigby, ID

    Lot size:
    0.60 Acres
    Added:
    May 19, 2026
    Days on Market:
    19
    Last Refresh:
    Jun 6 at 9:06 pm

    Property Features for L16B8 146 N

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    RP007010080160
    Lot size
    0.60 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Lot 16 in Block 8 of Teton Heights Division 6
    Tax Annual Amount
    2

    We can help!

    Listing Contact
    Kipp Archibald

    Listing agent Kipp Archibald License #SP25028

    Listing office Archibald-Bagley Real Estate P O Box 23 527 Rigby Lake Dr - Suite A, Rigby, ID

    Listing date May 19, 2026

    MLS# 2184829 Listing URL

    Copyright © 2026 Snake River Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Owner financing available
    • Grandfathered private well irrigation rights means no canal fees or water bills
    • Spacious 0.6+ acre lots
    • Lower property taxes due to location outside city limits
    • Utilities at lot line (power, natural gas, fiber)
    • Pre‑approved well sites for straightforward installation

    Overview

    Located in Teton Heights Division #6 in Rigby, ID, this 0.6+ acre lot offers an opportunity to build a custom home. Flexible seller financing is available. The buyer will need to install a private domestic well and septic system. Pre-approved well sites are designated to streamline installation. The property has grandfathered private well irrigation rights (platted before July 1, 2025 cutoff), allowing irrigation of up to an acre with a private well, eliminating canal fees, irrigation district charges, and monthly water bills. The lot features paved road frontage, and power, natural gas, and high-speed fiber are available at the lot line. The terrain is flat, with no sub-surface water, making it suitable for standard basements and cost-effective septic systems. Situated just outside Rigby city limits in Jefferson County, the location offers lower property taxes and flexibility. There is ample space for a large shop, garden, and recreational area. The property is near Rigby schools, shopping, the Snake River, and provides convenient commutes to Idaho Falls & Rexburg. There is no forced builder. Limited lots remain at this price and are ready to build.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Building Supply Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Department Store Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Rigby
    County
    Jefferson
    State
    Idaho
    Longitude
    -111.8902684
    Latitude
    43.64735337

    Nearby Similar for Sale

    • $2,899,900
      20,852 SF

      Modern Industrial Warehouse with Offices

      2023-built warehouse with offices, break room, and conference room.
      4118 E 667 N, Rigby, ID 83442
      View Details
    • $175,000

      Commercial Land with Highway Frontage

      Commercial land with site plan approval and highway visibility.
      L7B1 Rigby Lake Drive, Rigby, ID 83442
      View Details
    • $895,000

      Productive 42-Acre Rigby Land

      42 acres with irrigation, ideal for ranchette or equestrian property.
      N 4300 E, Rigby, ID 83442
      View Details
    • $175,000

      Commercial Land with Highway Frontage

      Commercial land with highway frontage and site plan approval.
      L5B1 Rigby Lake Drive, Rigby, ID 83442
      View Details
    • $229,000

      Land in Woodland Lakes Estates

      Land with lake views and community amenities near Rigby, Idaho.
      L2/L3 B2 N 4456 E, Rigby, ID 83442
      View Details
    • $630,000

      Rigby Land With Development Potential

      7.5 acre lot with rezoning potential in Rigby, Idaho.
      N Annis Hwy, Rigby, ID 83442
      View Details
    • $114,000

      Residential Acre Lot in Rigby

      One-acre residential lot, ideal for custom home and outdoor living.
      TBD N 4046 E, Rigby, ID 83442
      View Details
    • $200,000

      Commercial Land in Rigby, Idaho

      Prime commercial lots with essential utilities and highway access.
      L1 B4 Landmark Lane, Rigby, ID 83442
      View Details
    • $985,000
      5,000 SF

      Redevelopment Site in Rigby, ID

      High-visibility 1.21-acre commercial land parcel for sale in Rigby.
      295 S State Street, Rigby, ID 83442
      View Details
    • $129,999

      Ready-to-Build Lot in Waterstone

      Prime 1-acre lot with new well in Waterstone Subdivision.
      545 N lot: 24, Rigby, ID 83442
      View Details
    • $945,000

      Rigby, ID Commercial Land

      13.5 acres of commercial land in a high-growth corridor.
      Yellowstone Hwy, Rigby, ID 83442
      View Details
    • $145,000

      Rigby, ID Acreage with Trees

      1.41 acre lot in Waterstone Subdivision, mature trees.
      L1 B4 N 3950 E, Rigby, ID 83442
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.6+ acre lot with flexible financing near Rigby, ID.
    Where is this residential land & home lot located?
    The property is located at L16B8 146 N Rigby, ID.
    What is the asking price?
    The asking price for this property is $99,500.
    What are key features of this property?
    This property features: Owner financing available; Grandfathered private well irrigation rights means no canal fees or water bills; Spacious 0.6+ acre lots
    (208) 200-0605
    We can help!
    Listing Contact
    Kipp Archibald
    Real Estate License ID: SP25028
    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
    L16B8 146 N, Rigby, ID 83442
    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!