Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Tbd Main St Riggins, ID 83549

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Tbd Main St Riggins, ID 83549

    View on Map
    • Commercial real estate
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Tbd Main St

    Property type
    Commercial real estate

    Description

    This exceptional commercial property, located at TBD Main Street in the vibrant town of Riggins, Idaho, presents a unique investment opportunity. Priced at $795,000, this offering encompasses a sizable lot of zero acres, providing ample space for a variety of commercial ventures. The property's "General Commercial" zoning allows for considerable flexibility in development plans, catering to a wide range of business types. Its Main Street location ensures high visibility and accessibility, attracting significant foot traffic and potential clientele. The absence of existing structures on the lot offers a blank canvas for constructing a building tailored to specific business needs, maximizing efficiency and functionality. This presents a rare chance to establish a prominent presence in a growing Idaho community. The property's strategic location within Riggins offers easy access to local amenities and services, while also providing convenient connections to regional transportation networks. This makes it an ideal location for businesses seeking both local and regional market reach. The lack of existing buildings eliminates the need for costly renovations or demolition, allowing for immediate development and a faster return on investment. Serious inquiries are encouraged to explore the full potential of this prime commercial land in Riggins, Idaho. The property's size and location make it an attractive prospect for developers and entrepreneurs alike.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Riggins
    County
    Idaho
    State
    Idaho
    Longitude
    -116.285
    Latitude
    45.3884

    Comparable in this City

    • Value Estimation by Request

      Moose Crk

      Commercial real estate
      Moose Crk, Kooskia, ID 83549
      View Details
    • Value Estimation by Request

      104 Main St

      COMMERCIAL (GENERAL)
      104 Main St, Riggins, ID 83549
      View Details
    • Value Estimation by Request

      21 Salmon Riv Rd

      Commercial real estate
      21 Salmon Riv Rd, Riggins, ID 83549
      View Details
    • Value Estimation by Request

      129 Main St

      COMMERCIAL (GENERAL)
      129 Main St, Riggins, ID 83549
      View Details
    • Value Estimation by Request

      106 Main St

      COMMERCIAL (GENERAL)
      106 Main St, Riggins, ID 83549-1900
      View Details
    • Value Estimation by Request
      28.84 Acres

      Riggins, ID 83549

      COMMERCIAL (GENERAL) • 28.84 Acres
      Riggins, ID 83549
      View Details

    Similar Nearby for Sale

    • $9,995,000
      30.00 Acres

      Riggins Land with Development Potential

      30-acre property on the confluence of two rivers.
      247 E Salmon Riv Rd, Riggins, ID 83549
      View Details
    • $649,000
      0.33 Acres

      Salmon River Commercial Land

      Idaho River Recreation Business Opportunity
      100 Salmon Riv, Riggins Hot Springs, ID 83549
      View Details
    • $1,000,000
      16.00 Acres

      Riggins Timbered Land by Elkhorn Creek

      16-acre timbered property near Salmon River with recreation opportunities.
      Salmon Riv Rd, Riggins, ID 83549
      View Details
    • $9,995,000

      Riggins Former Mill Site Land

      30-acre former mill site with development potential in Riggins.
      247 E Salmon Riv Rd, Riggins, ID 83549
      View Details
    • Contact for pricing

      Outfitting and Guide Business

      Profitable outfitting and guide business with permits and equipment.
      Moose Crk, Kooskia, ID 83549
      View Details
    • $1,000,000
      16.00 Acres

      Riggins, ID Timbered Land

      16-acre timbered property near Salmon River, Riggins, Idaho.
      Nf Rd 310, Riggins, ID 83549
      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.
    Tbd Main St
    Riggins, ID 83549
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!