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    Commerce St Heyburn, ID 83336
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    Commerce St, Heyburn, ID 83336

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    • Warehouses
    • 115,879.00 lot acres
    For Lease
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    Heyburn Industrial Land Portfolio For Lease
    Contact for pricing

    Heyburn Industrial Land Portfolio

    115 Acres, Multiple Lots, Ground Lease Options

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

    Current Use by Public Records

    • Warehouses

    Property Details for 0 Commerce St

    Lot size
    115,879.00 lot acres
    Property type
    Warehouses
    Property subtype
    Retail properties & Spaces

    Description

    This exceptional investment opportunity encompasses a substantial 115.879-acre industrial land portfolio in Heyburn, Idaho, strategically located near the intersection of Nevada and Commerce Streets. The property, zoned for industrial use and situated within the Magic Valley submarket cluster of Twin Falls | Burley, offers significant flexibility for various development projects. The land is divided into multiple lots, providing options for individual purchases or ground leases. Specifically, three industrial lots are currently available, ranging in size from approximately 43,560 square feet to 115,870 square feet. Power is readily available at each lot. This prime location within Minidoka County presents a unique chance to acquire land suitable for flex, warehouse, or distribution uses. Ground lease options are available on Lots 2-4 at a rate of $6.00 per square foot. Lots 3 and 4 are also available for purchase at $8.00 per square foot. This expansive property presents a compelling opportunity for investors seeking significant land holdings in a thriving Idaho market. The property's versatility and strategic location make it ideal for a wide range of industrial and commercial developments. The availability of both purchase and ground lease options provides flexibility to suit diverse investment strategies. The property is classified as Retail, Industrial, and Land.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Heyburn
    County
    Minidoka
    State
    Idaho
    Longitude
    -113.745
    Latitude
    42.5668

    Comparable in this City

    • Value Estimation by Request
      72,000 SF

      Tbd Commerce

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      0 Tbd Commerce, Heyburn, ID 83336
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      1.00 Acre

      21St St

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      0.75 Acres

      334 600

      Land
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    • Value Estimation by Request
      75.00 Acres

      21St St

      Office Spaces
      0 21St St, Heyburn, ID 83336
      View Details
    • Value Estimation by Request
      6,500 SF

      334 600

      Land
      334 600, Heyburn, ID 83336
      View Details
    • Value Estimation by Request
      1.73 Acres

      21St St

      Individual retail properties
      0 21St St, Heyburn, ID 83336
      View Details

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      Retail Development Property For Sale

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      75 Acres of Land Available

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      Heyburn Industrial Lots For Sale

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    • $70,000
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      Residential Land in Heyburn, ID

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      Residential Land in Heyburn, ID

      Residential land for sale in Heyburn, Idaho.
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    Similar Nearby for Lease

    • 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
    • $1.00 SF/Yr

      New Industrial Buildings For Lease

      New construction industrial spaces available for lease in Heyburn, ID.
      Tbd Commerce, Heyburn, ID 83336
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    • $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

      New Construction Industrial Buildings

      New industrial buildings with flexible spaces for lease in Heyburn.
      Tbd Commerce, Heyburn, ID 83336
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      Heyburn, ID Commercial Land for Lease

      73 Acres of Prime Commercial Land in Idaho
      330 600, Heyburn, ID 83336
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      Turn-Key Restaurant Near I-84

      Restaurant with freeway visibility, drive-thru potential, and ample parking.
      334 S 600 W, Heyburn, ID 83336
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    Heyburn, ID 83336
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    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
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    Commerce St, Heyburn, ID, 83336
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