Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    21St St Heyburn, ID 83336
    Back to Search
    Property profile & analytics

    21St St, Heyburn, ID 83336

    View on Map
    • Retail properties & Spaces
    • 1 SF
    • 75.00 lot acres
    For Lease
    $8 SF/Yr
    View Listing →
    Heyburn Commercial Land Portfolio For Lease
    $8 SF/Yr

    Heyburn Commercial Land Portfolio

    Prime Idaho commercial lots, 1-75 acres.

    0 21St St, Heyburn, ID 83336
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 21St St

    Lot size
    75.00 lot acres
    Property size
    1 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    This exceptional commercial land portfolio presents a unique investment opportunity in Heyburn, Idaho. Located on 21st Street, these versatile lots range from one to seventy-five acres, offering unparalleled flexibility for a variety of commercial developments. The property is zoned C-G, General Commercial, allowing for a wide range of uses, including retail, office, and light industrial. The zoning specifically encourages the grouping of businesses, retail establishments, and public uses, creating a vibrant and cohesive commercial environment. Light industrial uses are permitted, provided they are clean, quiet, and operate within enclosed structures, minimizing any potential disruption to neighboring businesses or residential areas. This zoning designation also facilitates a smooth transition between industrial and less intense commercial and residential uses. The expansive acreage provides ample space for large-scale projects or the potential for subdivision into smaller lots. Situated in Minidoka County, within the Burley submarket and Twin Falls submarket cluster, this property benefits from excellent access to transportation networks and a thriving local economy. The location offers significant potential for growth and development, making it an ideal investment for both established businesses and forward-thinking entrepreneurs. With its strategic location and flexible zoning, this property represents a rare opportunity to acquire prime commercial land in a rapidly growing area of Idaho. The total land area encompasses 75 acres.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Heyburn
    County
    Minidoka
    State
    Idaho
    Longitude
    -113.764
    Latitude
    42.5615

    Comparable in this City

    • Value Estimation by Request
      0.75 Acres

      334 600

      Land • 6,500 SF
      334 600, Heyburn, ID 83336
      View Details
    • Value Estimation by Request
      1.00 Acre

      21St St

      Lifestyle centers • 43,560 SF
      0 21St St, Heyburn, ID 83336
      View Details
    • Value Estimation by Request
      6,500 SF

      334 600

      Land • 6,500 SF
      334 600, Heyburn, ID 83336
      View Details
    • Value Estimation by Request
      115,879.00 Acres

      Commerce St

      Distribution properties • 115,879.00 Acres
      0 Commerce St, Heyburn, ID 83336
      View Details
    • Value Estimation by Request
      1.73 Acres

      21St St

      Individual retail properties • 75,359 SF
      0 21St St, Heyburn, ID 83336
      View Details
    • Value Estimation by Request
      55.50 Acres

      Silvercreek Ave

      Land • 55.50 Acres
      0 Silvercreek Ave, Heyburn, ID 83336
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Heyburn Commercial Land For Sale

      Commercial land suitable for business, retail, and light industrial uses.
      21St St, Heyburn, ID 83336
      View Details
    • Contact for pricing
      6,500 SF

      Retail Development Property For Sale

      Commercial land with excellent retail potential in Heyburn, Idaho.
      334 S 600 W, Heyburn, ID 83336
      View Details
    • Contact for pricing

      75 Acres of Land Available

      75 acres of land for sale in Heyburn, Idaho.
      541 21St St, Heyburn, ID 83336
      View Details
    • $4,400,000

      Expansive Development Opportunity in Heyburn

      119-acre development opportunity with commercial zoning and high visibility.
      300 W 300 S, Heyburn, ID 83336
      View Details
    • $70,000
      0.38 Acres

      Residential Lot in Biscotti Estates

      Residential lot available in Heyburn, Idaho's Biscotti Estates Subdivision.
      123 Tuscan Dr, Heyburn, ID 83336
      View Details
    • $70,000
      0.30 Acres

      Heyburn, ID Land For Sale

      Residential land in Heyburn, Idaho, suitable for building a home.
      670 Biscotti Loop, Heyburn, ID 83336
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      1 SF

      Heyburn Commercial Land Portfolio

      Prime Idaho commercial lots, 1-75 acres.
      0 21St St, Heyburn, ID 83336
      View Details
    • Contact for pricing
      202,990 SF

      Heyburn Industrial Land Portfolio

      115 Acres, Multiple Lots, Ground Lease Options
      0 Commerce St, Heyburn, ID 83336
      View Details
    • Contact for pricing

      Heyburn, ID Commercial Land for Lease

      73 Acres of Prime Commercial Land in Idaho
      330 600, Heyburn, ID 83336
      View Details
    • $12 SF/Yr

      New Construction Industrial Buildings

      New industrial buildings with flexible spaces for lease in Heyburn.
      Tbd Commerce, Heyburn, ID 83336
      View Details
    • $12 SF/Yr
      9,800 SF

      Heyburn Fabrication Shop with Lifts

      9,800 SF fabrication shop with amenities and interstate access.
      311 Centennial Dr, Heyburn, ID 83336
      View Details
    • Contact for pricing

      Turn-key Restaurant Near I-84

      Ready-to-operate restaurant available for rent near I-84.
      334 S 600 W, Heyburn, ID 83336
      View Details
    View Listing
    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.
    21St St
    Heyburn, ID 83336
    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
    21St St, Heyburn, ID, 83336
    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!