2 Terrace Dr Bayview, ID 83803
This exceptional 0.41-acre commercial lot presents a unique opportunity in the desirable Bayview, Idaho community. Located at Lt 11 Bk 2 N Terrace Dr, 83803, this property boasts a level building site, mature trees, and a desirable southern exposure, providing breathtaking views of Lake Pend Oreille. The lot is zoned for residential use and has already undergone perc testing for a drain field septic system, simplifying the building process. All utilities, except natural gas, are readily available through the Bayview Water & Sewer District. A gravel driveway provides access, and a neighbor-maintained road ensures easy year-round access, even during snowy conditions. The property is situated in a neighborhood of attractive homes, offering a peaceful and established community setting. Embrace the four-season outdoor lifestyle that Bayview offers, combining small-town charm with access to abundant recreational opportunities. This is an ideal location for those seeking a tranquil yet convenient setting to build their dream home or develop a commercial venture. The APN is 059000020110; 122593, and the Kootenai County location provides easy access to local amenities and attractions. Don't miss this chance to own a piece of this beautiful Idaho landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.