Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    540 Highway 81 Burley, ID 83318

    Property Lookup

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

    540 Highway 81 Burley, ID 83318

    View on Map
    • Industrial properties
    • 11.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 540 Highway 81

    Year built
    1960
    Lot size
    11.00 lot acres
    Property type
    Industrial properties

    Description

    This exceptional 11-acre industrial property, located at 540 E Hwy 81 in Burley, Idaho, presents a significant investment opportunity. The expansive lot offers substantial potential for various industrial uses, providing ample space for development and expansion. Its strategic location on Highway 81 ensures excellent accessibility and visibility, making it an ideal site for businesses requiring convenient transportation links. The property's size and location within Burley's thriving industrial sector make it particularly attractive to companies seeking a strong foothold in the region. The asking price is $3,500,000. This represents a compelling opportunity to acquire a large, well-situated industrial parcel ready for immediate development or long-term investment. The property is currently vacant, offering complete flexibility for the buyer to tailor the site to their specific needs. Given the scarcity of large industrial lots in this area, this property is expected to generate significant interest. Serious inquiries are encouraged to explore this exceptional opportunity further. Detailed site plans and surveys are available upon request. The property is zoned for industrial use. This is a rare chance to secure a substantial industrial holding in a rapidly growing market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Burley
    County
    Cassia
    State
    Idaho
    Longitude
    -113.689
    Latitude
    42.5161

    Comparable in this City

    • Value Estimation by Request
      63.72 Acres

      Burley, ID 83318

      INDUSTRIAL (GENERAL) • 63.72 Acres
      Burley, ID 83318
      View Details
    • Value Estimation by Request
      37.78 Acres

      Burley, ID 83318

      INDUSTRIAL (GENERAL) • 37.78 Acres
      Burley, ID 83318
      View Details
    • Value Estimation by Request
      2.22 Acres

      Burley, ID 83318

      INDUSTRIAL (GENERAL) • 2.22 Acres
      Burley, ID 83318
      View Details
    • Value Estimation by Request
      4.95 Acres

      35 238th W

      INDUSTRIAL (GENERAL) • 4.95 Acres
      35 238th W, Burley, ID 83318
      View Details
    • Value Estimation by Request
      5.03 Acres

      120 Hwy 81

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 5.03 Acres
      120 Hwy 81, Burley, ID 83318-5427
      View Details
    • Value Estimation by Request
      26.96 Acres

      Burley, ID 83318

      INDUSTRIAL (GENERAL) • 26.96 Acres
      Burley, ID 83318
      View Details

    Similar Nearby for Sale

    • $2,300,000
      11.92 Acres

      Burley Commercial Development Opportunity

      Commercial land with river frontage and development potential in Burley.
      392 W 90 N, Burley, ID 83318
      View Details
    • $2,300,000

      Prime Commercial Development Opportunity

      Unique commercial land with river frontage and development potential.
      392 W 90 N, Burley, ID 83318
      View Details
    • $750,000
      8,000 SF

      Burley Commercial Building - Huge Potential

      Three-level building, 8,000 sq ft, many uses.
      1221 Overland Ave, Burley, ID 83318
      View Details
    • $1,250,000

      Retail Property on Overland Avenue

      Retail property for sale with 10,000 square feet.
      1408 Overland Ave, Burley, ID 83318
      View Details
    • $1,751,634

      Burley Multifamily Investment Opportunity

      Eight-unit multifamily property with expansion potential in a growing area.
      536 Elba Ave, Burley, ID 83318
      View Details
    • $350,000
      0.47 Acres

      Thriving Burley Restaurant - Turnkey Opportunity

      Established Restaurant, High Ratings, Great Location
      163 Highway 30, Burley, ID 83318
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      499,361 SF

      State-of-the-Art Idaho Warehouse

      Modern 499,361 SF warehouse for lease.
      0 Calle Manufactura #1 Blvd, North Kenyon, ID 83318
      View Details
    • $52,434
      2,913 SF

      Burley Medical Office Suite

      Medical office suite in a prime Burley location.
      1263 Bennett Ave, Burley, ID 83318
      View Details
    • Contact for pricing

      Restaurant Space on Overland Avenue

      Restaurant space for lease in high-traffic Burley location.
      262 Overland Ave, Burley, ID 83318
      View Details
    • Contact for pricing

      Former Bar with Retail Potential

      6,100 SF building, formerly a bar, great location.
      1054 Overland Ave, Burley, ID 83318
      View Details
    • $9 SF/Yr
      6,875 SF

      Retail Space in Burley, ID

      Retail space with high visibility in a bustling retail hub.
      2560 Overland Ave, Burley, ID 83318
      View Details
    • $36,000
      1,529 SF

      New Office Space in Burley

      New construction office space in Elevate Plaza, Burley, ID.
      1404 Pomerelle Ave, Burley, ID 83318
      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.
    540 Highway 81
    Burley, ID 83318
    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!