21-22 Terrace Dr Bayview, ID 83803
This exceptional 0.55-acre commercial land parcel, identified by APNs 059000010210, 148386, and 136789, is situated at 21-22 N Terrace Drive in Bayview, Idaho, zip code 83803. Currently zoned for residential use, this hillside property boasts a desirable southern exposure, offering filtered views of the stunning Lake Pend Oreille. The land is naturally wooded, providing a tranquil setting amidst established homes and friendly neighbors. The property's location offers easy access to the amenities of both Coeur d'Alene and Sandpoint, placing it at the heart of a four-season recreational paradise. The lot's size provides ample space for development, while the relatively simple CC&Rs ensure a harmonious community environment. This is a unique opportunity to acquire a piece of Idaho's natural beauty with significant commercial potential. The asking price for this remarkable property is $250,000. The property is conveniently located in Kootenai County.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.