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

    110 3Rd St Kamiah, ID 83536

    • Commercial real estate
    • 2,053 SF
    • 0.13 lot acres
    For Sale
    View listing
    $210,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Kids Ahoy Child Care / Child Care Agency

    Property Details for 110 3Rd St

    Year built
    1956
    Lot size
    0.13 lot acres
    Property size
    2,053 SF
    Property type
    Commercial real estate

    Description

    This exceptional commercial property, located at 110 W 3rd St. Unit Lot 1 in Kamiah, Idaho, presents a unique investment opportunity. The 2,053 square foot building sits on a 0.13-acre lot, offering ample space and potential for a variety of uses. Its prime location provides excellent visibility and accessibility, being within walking distance of Kamiah City Park, medical facilities, grocery stores, and the downtown area. The building features a storefront and convenient parking. Recent upgrades include a new roof installed in 2021 and a new heating and cooling unit installed in May 2023. City utilities are readily available. The property also boasts a fenced yard, enhancing security and providing additional outdoor space. The building's versatile layout includes a kitchen area, a large great room, and an office, along with a store area in the front and living quarters in the back. Currently operating as a daycare (business not included in sale), this property offers endless possibilities for entrepreneurs and investors. The building and lot are priced to sell at $210,000. This is a motivated seller offering a rare chance to acquire a well-maintained commercial property in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kamiah
    County
    Lewis
    State
    Idaho
    Longitude
    -116.023
    Latitude
    46.2292

    Comparable in this City

    • Value Estimation by Request

      280 Hl Side Dr

      COMMERCIAL (GENERAL)
      280 Hl Side Dr, Kamiah, ID 83536-5120
      View Details
    • Value Estimation by Request
      0.92 Acres

      Kamiah, ID 83536

      COMMERCIAL (GENERAL) • 0.92 Acres
      Kamiah, ID 83536
      View Details
    • Value Estimation by Request
      16.34 Acres

      Kamiah, ID 83536

      COMMERCIAL (GENERAL) • 16.34 Acres
      Kamiah, ID 83536
      View Details
    • Value Estimation by Request

      Kamiah, ID 83536

      COMMERCIAL (GENERAL)
      Kamiah, ID 83536
      View Details
    • Value Estimation by Request

      Kamiah, ID 83536

      COMMERCIAL (GENERAL)
      Kamiah, ID 83536
      View Details
    • Value Estimation by Request

      560 Doty Rd

      COMMERCIAL (GENERAL)
      560 Doty Rd, Kamiah, ID 83536
      View Details

    Similar Nearby for Sale

    • $210,000
      2,053 SF

      Kamiah Commercial Building & Lot

      Prime Kamiah location, 2053 sq ft, .13 acre lot.
      110 3Rd St, Kamiah, ID 83536
      View Details
    • $260,000
      2,750 SF

      Prime Kamiah Commercial Space

      High-Visibility Main Street Building
      413 Main St, Kamiah, ID 83536
      View Details
    • $145,000
      10.03 Acres

      10 Acres in Kamiah, Idaho

      10-acre property near Kamiah with building potential.
      3 Glenwood Rd, Kamiah, ID 83536
      View Details
    • $77,900
      0.19 Acres

      Commercial Land in Kamiah, ID

      Commercial lot off HWY 12, ready for business.
      2nd And Cedar St, Kamiah, ID 83536
      View Details
    • $145,000
      6.01 Acres

      Kamiah Land with Developed Building

      6.01 acre view lot with utilities near downtown Kamiah.
      385 Glenwood Rd, Kamiah, ID 83536
      View Details
    • $114,900
      9.68 Acres

      Idaho County Land with Views

      9.68 acres with sweeping valley views near Kamiah.
      N Glenwood Rd, Kamiah, ID 83536
      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.
    110 3Rd St
    Kamiah, ID 83536
    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.