Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1067 Main St Payette, ID 83661
    Back to Search
    Property profile & analytics

    1067 Main St, Payette, ID 83661

    View on Map
    • Land
    • 1.13 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1067 Main St

    Lot size
    1.13 lot acres
    Property type
    Land

    Description

    This exceptional 1.13-acre (48,860 square foot) commercial lot presents a unique investment opportunity in Payette, Idaho. Located at 1067 S Main St, this is the last remaining parcel in a thriving new development situated between Main Street and South 16th Street. The property boasts a highly desirable C-2 commercial zoning, making it suitable for a variety of uses, including retail, drive-through restaurants (QSR), medical facilities, office spaces, professional service providers, or sales offices. All utilities are readily available at or near the site, making it a truly shovel-ready opportunity. This prime location benefits from its proximity to major roadways, including Highway 95, ensuring high visibility and accessibility. The area is experiencing significant growth, with recent additions such as McDonald's and a new 40-unit multi-family housing complex (Trappers Perch) currently under construction, scheduled for completion in Spring 2025. The seller is also developing adjacent multi-tenant shop spaces, further enhancing the area's appeal. Detailed demographic and retail demand reports are available upon request, providing comprehensive market analysis to support your investment decision. The parcel number is a portion of P1940039000S. The sale price is negotiable. This is an exceptional opportunity to capitalize on the burgeoning growth in Payette and secure a prime location for your business venture.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Payette
    County
    Payette
    State
    Idaho
    Longitude
    -116.923
    Latitude
    44.0616

    Comparable in this City

    • Value Estimation by Request
      10.46 Acres

      10Th Ave

      Farms
      0 10Th Ave, Payette, ID 83661
      View Details
    • Value Estimation by Request
      299.73 Acres

      6600 Little Willow Rd

      Land
      6600 Little Willow Rd, Payette, ID 83661
      View Details
    • Value Estimation by Request
      3,720 SF

      Tbd Bighorn

      Multifamily properties
      0 Tbd Bighorn, Payette, ID 83661
      View Details
    • Value Estimation by Request
      2,000 SF

      821 8th St

      HIGH-RISE APARTMENTS
      821 8th St, Payette, ID 83661-3600
      View Details
    • Value Estimation by Request
      3,480 SF

      525 14th N Ave

      HIGH-RISE APARTMENTS
      525 14th N Ave, Payette, ID 83661-2085
      View Details
    • Value Estimation by Request
      4,620 SF

      1405 6th St

      HIGH-RISE APARTMENTS
      1405 6th St, Payette, ID 83661-2084
      View Details

    Similar Nearby for Sale

    • $1,200,000
      12,889 SF

      Downtown Payette Mixed-Use Investment

      Historic building, 11 retail/office spaces, 5 apartments.
      Payette, ID 83661
      View Details
    • $485,000
      34,673 SF

      Commercially Zoned Land on Highway

      Commercially zoned land with high visibility and utilities nearby.
      1581 South Main St, Payette, ID 83661
      View Details
    • Contact for pricing
      496.00 Acres

      496 Acres in Payette, Idaho

      Large acreage with development potential in a growing Idaho community.
      Stone Quarry Rd, Payette, ID 83661
      View Details
    • Contact for pricing
      929.00 Acres

      Payette County Land Opportunity

      929 acres near infrastructure, ideal for various high-demand projects.
      Gulch Rd, Payette, ID 83661
      View Details
    • $90,000
      0.14 Acres

      Payette Buildable Residential Lot

      Buildable residential lot with utilities in Payette, Idaho.
      S 14Th St, Payette, ID 83661
      View Details
    • $295,000
      1.01 Acres

      Acre Property in Payette, ID

      One-acre property near Payette with development potential and mature trees.
      3065 Center Ave, Payette, ID 83661
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Downtown Retail Space For Lease

      Prime commercial space in downtown Payette with high visibility.
      109 N Main St, Payette, ID 83661
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space available with 4,449 SqFt area.
      501 N 16Th St, Payette, ID 83661
      View Details
    • Contact for pricing
      4,449 SF

      Former Daycare Space Available

      4,449 SF former daycare space available for lease.
      515 N 16Th St, Payette, ID 83661
      View Details
    • $13 SF/Yr

      Renovated Office Space in Payette

      Newly renovated office space in downtown Payette available for lease.
      2 N Main St, Payette, ID 83661
      View Details
    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.
    1067 Main St
    Payette, ID 83661
    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
    1067 Main St, Payette, ID, 83661
    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!