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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1400 Riverside Dr Eagle, ID 83616

    • Commercial real estate
    • 3.80 lot acres
    For Sale
    View listing
    $5,000,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US27-0562923
    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.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1400 Riverside Dr

    Lot size
    3.80 lot acres
    Property type
    Commercial real estate
    APN
    R5321520070, R5321520050, R5321520090, R5321520060

    Description

    This exceptional 3.8-acre commercial land parcel, located in the desirable Eagle River Business Park in Eagle, Idaho, presents a remarkable development opportunity. The property consists of two parcels: a 2.3-acre parcel priced at $35 per square foot and a 1.5-acre parcel priced at $30 per square foot, totaling $5,000,000. The site boasts a highly convenient location just off State Street (Highway 44), offering easy access to major transportation routes. Infrastructure is already in place, including utilities, curbs, gutters, and sidewalks, significantly reducing development costs and timelines. Situated within a thriving business park, the property benefits from the proximity of numerous amenities, such as the Boise Greenbelt, Eagle Tennis Center, Starbucks, and Caci. The MU-DA zoning allows for a flexible range of uses, including limited office, commercial, and residential development, providing considerable versatility for potential projects. The APN numbers are R5321520070, R5321520050, R5321520090, and R5321520060. This ready-to-build site represents a unique chance to capitalize on the strong commercial market in Eagle, Idaho. The property's strategic location, existing infrastructure, and flexible zoning make it an ideal investment for developers seeking a prime location with significant upside potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Eagle
    County
    Ada
    State
    Idaho
    Longitude
    -116.33626687063
    Latitude
    43.687157192268

    Comparable in this City

    • Contact for pricing

      Land For Sale Eagle, ID

      Land available for sale in Eagle, Idaho.
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    • $1,200,000
      23.45 Acres

      Eagle, ID Land Opportunity

      23.45 acres of land with privacy and great views.
      Pearl Rd, Eagle, ID 83616
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    • $303,000
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      Land in Valnova Estates, Eagle

      Residential land in Eagle's Valnova Estates with many amenities.
      7211 N Cairnhill Way, Eagle, ID 83616
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    • $799,900

      Eagle Land with State Street Frontage

      1.26 acres with existing structure, suitable for development.
      2825 W State St, Eagle, ID 83616
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    • $303,000
      0.47 Acres

      Land in Valnova Estates, Eagle

      Residential land in Eagle's Valnova Estates with many amenities.
      7202 N Cairnhill Way, Eagle, ID 83616
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    • $175,000
      0.09 Acres

      Residential Land in Gated Community

      Ready-to-build lot in a low-maintenance, gated community.
      3854 W Spring House Ln, Eagle, ID 83616
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    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale Eagle, ID

      Land available for sale in Eagle, Idaho.
      Eagle Rd, Eagle, ID 83616
      View Details
    • $1,200,000
      23.45 Acres

      Eagle, ID Land Opportunity

      23.45 acres of land with privacy and great views.
      Pearl Rd, Eagle, ID 83616
      View Details
    • $303,000
      0.42 Acres

      Land in Valnova Estates, Eagle

      Residential land in Eagle's Valnova Estates with many amenities.
      7211 N Cairnhill Way, Eagle, ID 83616
      View Details
    • $799,900

      Eagle Land with State Street Frontage

      1.26 acres with existing structure, suitable for development.
      2825 W State St, Eagle, ID 83616
      View Details
    • $303,000
      0.47 Acres

      Land in Valnova Estates, Eagle

      Residential land in Eagle's Valnova Estates with many amenities.
      7202 N Cairnhill Way, Eagle, ID 83616
      View Details
    • $175,000
      0.09 Acres

      Residential Land in Gated Community

      Ready-to-build lot in a low-maintenance, gated community.
      3854 W Spring House Ln, Eagle, ID 83616
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      15,000 SF

      Eagle Road Development Land

      Prime Commercial Land, Build-to-Suit Available
      0 Eagle Rd, Eagle, ID 83616
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    • $1.67 SF/Yr

      Prime Eagle Location Office Space

      Ideally situated for a dental practice or office space.
      700 E State St, Eagle, ID 83616
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    • $22 SF/Yr
      1,350 SF

      Retail Space Available For Lease

      Retail space available for lease in Eagle, Idaho.
      1225 E Winding Creek Dr, Eagle, ID 83616
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    • $25 SF/Yr
      2,600 SF

      Eagle Retail Space: 1,463 SF Available

      Prime Eagle location, high-traffic retail space.
      1225 Winding Creek Dr, Eagle, ID 83616
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    • $1.50 SF/Yr
      28,640 SF

      Eagle Office/Industrial Opportunity

      High-quality office/industrial asset in a desirable location.
      1345 E State St, Eagle, ID 83616
      View Details
    • $23 SF/Yr
      7,254 SF

      Eagle, ID Executive Office Space

      7,254 SF Office/Retail in Eagle, ID
      1119 State St, Eagle, ID 83616
      View Details
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    1400 Riverside Dr
    Eagle, ID 83616
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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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