Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    328 Id-55 Horseshoe Bend, ID 83629
    Property profile & analytics

    328 Id-55, Horseshoe Bend, ID 83629

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 328 Id-55

    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 4-acre commercial property is situated at the southern entrance to Horseshoe Bend, Idaho, offering unparalleled visibility and accessibility. The land includes an existing shop building on approximately 0.76 acres, providing a solid foundation for immediate development or renovation. The remaining acreage is comprised of upper residential building lots boasting breathtaking mountain views. This versatile property is zoned for commercial, industrial, and residential uses, presenting a unique investment opportunity. Utilities are conveniently located at the highway's edge, simplifying development. The property's proximity to the Payette River, known for its recreational opportunities, and the scenic Banks Lowman Highway enhances its appeal. Its location in the charming town of Horseshoe Bend, nestled near the Boise National Forest, offers a tranquil yet accessible environment for businesses. The existing shop building features "great bones," suggesting potential for adaptive reuse. This location is ideal for a convenience store or highway retail establishment. The combination of commercial land, an existing structure, and residential building lots makes this a truly multifaceted investment opportunity in a picturesque Idaho setting. The property is located at 328 ID-55, Horseshoe Bend, ID 83629. Asking price is $2,900,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Horseshoe Bend
    County
    Boise
    State
    Idaho
    Longitude
    -116.204
    Latitude
    43.8986

    Comparable in this City

    • Value Estimation by Request
      1,225 SF

      117 Cyn St Trlr, Unit 13

      MOBILE HOME PARK, TRAILER PARK
      117 Cyn St Trlr, Horseshoe Bend, ID 83629-5130
      View Details
    • Value Estimation by Request
      1,184 SF

      119 Newman Ln

      MOBILE HOME PARK, TRAILER PARK
      119 Newman Ln, Horseshoe Bend, ID 83629-5123
      View Details
    • Value Estimation by Request
      200 SF

      101 Riv St

      MOBILE HOME PARK, TRAILER PARK
      101 Riv St, Horseshoe Bend, ID 83629-8114
      View Details
    • Value Estimation by Request
      320 SF

      118 Cyn St

      MOBILE HOME PARK, TRAILER PARK
      118 Cyn St, Horseshoe Bend, ID 83629-5058
      View Details
    • Value Estimation by Request
      1,225 SF

      117 Cyn St

      MOBILE HOME PARK, TRAILER PARK
      117 Cyn St, Horseshoe Bend, ID 83629-5128
      View Details
    • Value Estimation by Request

      Horseshoe Bend, ID 83629

      VACANT COMMERCIAL LAND
      Horseshoe Bend, ID 83629
      View Details

    Similar Nearby for Sale

    • $269,000
      277,477 SF

      6.37 Acres with Breathtaking Views

      Land with leveled homesite, utilities, and seasonal creek.
      12 Webster Ln, Horseshoe Bend, ID 83629
      View Details
    • $249,900
      5.01 Acres

      Land with Expansive Valley Views

      5-acre parcel near Payette River with no restrictions.
      52 Parcel B, Horseshoe Bend, ID 83629
      View Details
    • $415,000
      1.00 Acre

      Two-Home Residential Income Property

      Two homes on separate parcels with substantial highway frontage and pressurized irrigation from a shared well.
      355 Highway 55, Horseshoe Bend, ID 83629
      View Details
    • $809,000
      3,478 SF

      Updated Two-Home Residential Income Property

      Completely updated two-home configuration with two full kitchens, private living spaces, and a large lot with tool sheds.
      25 Horseshu Vue Cir, Horseshoe Bend, ID 83629
      View Details
    • $3,300,000
      2,100 SF

      RV Park and Campground Property

      RV park with 23 rental spots, mix of dry and full-hookup sites, plus on-site homes under a CUP.
      28 Harris Creek Rd, Horseshoe Bend, ID 83629
      View Details
    • Contact for pricing
      3,700 SF

      Duplex and Mobile Home Park

      Duplex plus five-space mobile home park with seven income streams.
      109 Adams St, Horseshoe Bend, ID 83629
      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.
    328 Id-55
    Horseshoe Bend, ID 83629
    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
    328 Id-55, Horseshoe Bend, ID, 83629
    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!