Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    55 Tbd Hwy Cascade, ID 83611

    • Land
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 55 Tbd Hwy

    Property type
    Land

    Description

    Exceptional commercial land opportunity awaits in Cascade, Idaho, along Highway 55. These lots, part of the River District Subdivision, represent the first commercial development available for northbound traffic leaving the Treasure Valley, offering unparalleled visibility and accessibility. The lots range in size from 25,624 to 37,505 square feet, priced at $15 per square foot. This master-planned mixed-use development provides a unique chance to establish a business in a rapidly growing area. Future residents and visitors will enjoy three miles of planned walking paths with direct access to the Payette River and proximity to planned restaurants, creating a vibrant and attractive environment. The permitted zoning is commercial, allowing for a wide range of business ventures. This is an exceptional opportunity to secure fully improved commercial lots in a location poised for significant growth and offering excellent exposure to a substantial volume of traffic. The property is located at TBD Highway 55, Cascade, ID 83611, in Valley County. Don't miss this chance to be part of Cascade's exciting future.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cascade
    County
    Valley
    State
    Idaho
    Longitude
    -116.04
    Latitude
    44.5809

    Comparable in this City

    • Value Estimation by Request
      0.64 Acres

      55 Tbd Hwy

      Multifamily properties • 0.64 Acres
      55 Tbd Hwy, Cascade, ID 83611
      View Details
    • Value Estimation by Request
      20.00 Acres

      10246 Highway 55

      Farms • 20.00 Acres
      10246 Highway 55, Cascade, ID 83611
      View Details
    • Value Estimation by Request
      555.00 Acres

      Lakeshore Dr

      Land • 555.00 Acres
      0 Lakeshore Dr, Cascade, ID 83611
      View Details
    • Value Estimation by Request

      9738 Id-55

      Land
      9738 Id-55, Cascade, ID 83611
      View Details
    • Value Estimation by Request
      1,812.46 Acres

      Warner Pond Rd

      Farms • 1,812.46 Acres
      0 Warner Pond Rd, Cascade, ID 83611
      View Details
    • Value Estimation by Request
      320.00 Acres

      Gold Fld Ct

      Farms • 320.00 Acres
      0 Gold Fld Ct, Cascade, ID 83611
      View Details

    Similar Nearby for Sale

    • $1,449,000
      26.96 Acres

      Land with Insulated Shop

      Land with shop, power, water, septic, heat, and RV hookups.
      11 Stonebraker Ln, Cascade, ID 83611
      View Details
    • $20,450,000
      555.00 Acres

      Cascade Lakefront Estate

      555 Acres, Mountain Views
      0 Lakeshore Dr, Cascade, ID 83611
      View Details
    • $9,995,000
      1,812.46 Acres

      Big Creek Meadows Ranch, Idaho

      1,812 Acres, Prime Hunting & Fishing
      0 Warner Pond Rd, Cascade, ID 83611
      View Details
    • $1,600,000

      Iconic Idaho Lodge for Sale

      Established Restaurant, C-Store, Lodging
      9738 Id-55, Cascade, ID 83611
      View Details
    • $225,000
      0.44 Acres

      Riverfront Land in Cascade, Idaho

      Riverfront land with mountain views, ideal for building a retreat.
      L8 B1 Riv Bank Dr, Cascade, ID 83611
      View Details
    • $235,000
      0.77 Acres

      Land with River and Mountain Views

      Land with Payette River access and mountain views in Cascade.
      L5 B1 Lazy Riv St, Cascade, ID 83611
      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.
    55 Tbd Hwy
    Cascade, ID 83611
    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.