Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    102 Main St Emmett, ID 83617-2936
    Back to Search
    Property profile & analytics

    102 Main St, Emmett, ID 83617-2936

    View on Map
    • Banks
    • 7,016 SF
    • 0.27 lot acres
    Off-Market
    Property ID
    US27-0891965
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Wells Fargo Bank / Bank / Loan Service
    • Wells Fargo Advisors / Financial Advisor
    • Wells Fargo ATM / Atm

    Property Details for 102 Main St

    Year built
    1971
    Lot size
    0.27 lot acres
    Property type
    Banks
    APN
    RPE3210014005AA
    APU
    RPE3210014005AA

    Description

    This unique 6,719 square foot commercial property located at 102 E Main Street in Emmett, Idaho, presents a rare investment opportunity. Sitting on a 0.15-acre lot, this historic building boasts a rich past, having served as the Noland Drug Store and Gino's Barber Shop. Currently, the main level is occupied by a tumbling gym and a clothing store. The upper level is awaiting restoration and redevelopment, presenting significant potential for residential conversion, subject to rezoning. A newer central air conditioning unit was installed in the tumbling gym area in July 2016. The property includes a total of 3.5 half bathrooms. The building is being sold in its "as is" condition. Prospective buyers are responsible for verifying all information provided. This is a chance to own a piece of Emmett's history and shape its future. The property's prime location on Main Street offers excellent visibility and accessibility. The existing tenants provide immediate income potential, while the upper level presents a significant opportunity for value enhancement through renovation and repurposing. This versatile property is ideal for investors seeking a unique and potentially high-return investment. Don't miss this chance to acquire a piece of Emmett's vibrant commercial landscape.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Emmett
    County
    Gem
    State
    Idaho
    Longitude
    -116.5
    Latitude
    43.8758
    CBSA code
    14260
    CBSA name
    BOISE CITY-NAMPA, ID METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $5,641
    $51,076
    $600,687
    $651,763
    -
    $51,076
    $600,687
    $651,763

    Comparable in this City

    • Value Estimation by Request
      4,778 SF

      200 Washington Ave

      FINANCIAL BUILDING
      200 Washington Ave, Emmett, ID 83617-2950
      View Details
    • Value Estimation by Request
      2,436 SF

      415 Washington Ave

      FINANCIAL BUILDING
      415 Washington Ave, Emmett, ID 83617-2953
      View Details
    • Value Estimation by Request
      3,147 SF

      250 Washington Ave

      FINANCIAL BUILDING
      250 Washington Ave, Emmett, ID 83617-2950
      View Details
    • Value Estimation by Request
      7,344 SF

      1024 Washington Ave

      FINANCIAL BUILDING
      1024 Washington Ave, Emmett, ID 83617-3533
      View Details
    • Value Estimation
      $515,000
      16,096 SF

      115 Hayes Ave

      RETAIL STORES (PERSONAL SERVICES)
      115 Hayes Ave, Emmett, ID 83617-2956
      View Details
    • Value Estimation by Request
      3,207 SF

      116 Main St

      RETAIL STORES (PERSONAL SERVICES)
      116 Main St, Emmett, ID 83617-2932
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      16,000 SF

      Freestanding Grocery Outlet Investment Property

      Single-tenant Grocery Outlet in Emmett, Idaho with a 15-year lease.
      2175 South Sub Station Rd, Emmett, ID 83617
      View Details
    • Contact for pricing

      Established Emmett Gas Station/Store

      Turnkey gas station and convenience store in Emmett, Idaho.
      702 S Washington Ave, Emmett, ID 83617
      View Details
    • $3,495,000
      13,550 SF

      Emmett Warehouse: Prime Location

      Spacious warehouse, cold storage, office space.
      2920 Central Rd, Emmett, ID 83617
      View Details
    • Contact for pricing

      Land for Sale

      Land available in Emmett, Idaho.
      9449 Brill Rd, Emmett, ID 83617
      View Details
    • $399,000
      Pending

      Residential Acreage with Irrigation

      Build on 5.01 acres with irrigation in place and expansive views, plus flexibility from HOA/CC&R restrictions.
      1 W Central Rd, Emmett, ID 83617
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr

      Retail Spaces For Lease

      Retail spaces available for lease with excellent highway visibility.
      620 Highway 16, Emmett, ID 83617
      View Details
    • Contact for pricing

      High-Exposure Commercial Lot on Highway

      Prime commercial lot with high visibility and development potential.
      2010 South Johns Ave, Emmett, ID 83617
      View Details
    • Contact for pricing

      Prime Commercial Lot on Highway

      High-exposure commercial lot ready for development on Highway 16.
      2010 South Johns Ave, Emmett, ID 83617
      View Details
    • Contact for pricing

      Prime Pad Sites Available

      Land lease or build-to-suit options in Emmett, Idaho.
      Id-16, Emmett, ID 83617
      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.
    102 Main St
    Emmett, ID 83617-2936
    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
    102 Main St, Emmett, ID, 83617
    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!