Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    273 Canyon Crest Dr Twin Falls, ID 83301
    Property profile & analytics

    273 Canyon Crest Dr Twin Falls, ID 83301

    View on Map
    • Commercial land
    • 0.43 lot acres
    For Lease
    $24 SF/Yr
    View Listing →
    Shell Office Space For Lease For Lease
    $24 SF/Yr
    4,144 SF

    Shell Office Space For Lease

    Shell office space in premier location, customizable for tenants.

    273 Canyon Crest Dr, Twin Falls, ID 83301
    View Listing
    Property ID
    US27-0698544
    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

    • Commercial land

    Property Details for 273 Canyon Crest Dr

    Lot size
    0.43 lot acres
    Property type
    Commercial land
    APN
    RPT45950000020
    APU
    RPT45950000020

    Description

    This exceptional 0.434-acre commercial land parcel, located at 273 Canyon Crest Dr in Twin Falls, Idaho, presents a unique opportunity for immediate development. Zoned C-1, Commercial Hwy Dist, this 5,000 square foot shovel-ready pad boasts a prime location within the Twin Falls River Vista South business development area. Surrounded by Class A professional offices, the property offers a prestigious business park setting. Its convenient location provides easy access to major retailers, restaurants, and services, while also being within walking distance of the canyon rim. The site is fully prepared for construction, featuring existing asphalt and striped parking spaces, with utilities readily available. The asking price is $329,667, translating to a land value of $18,905 per square foot. This ready-to-build site represents an exceptional investment opportunity in a highly desirable area of Twin Falls, Idaho, 83301. Don't miss this chance to establish your business in this thriving commercial hub.

    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
    Twin Falls
    County
    Twin Falls
    State
    Idaho
    Longitude
    -114.476
    Latitude
    42.5964
    CBSA code
    46300
    CBSA name
    TWIN FALLS, ID MICROPOLITAN 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
    2023
    $1,825
    $174,550
    $0.00
    $174,550
    -
    $174,550
    $0.00
    $174,550

    Comparable in this City

    • Value Estimation by Request
      0.14 Acres

      444 5th W Ave

      VACANT COMMERCIAL LAND • 0.14 Acres
      444 5th W Ave, Twin Falls, ID 83301-5827
      View Details
    • Value Estimation by Request
      0.53 Acres

      591 Addison W Ave

      VACANT COMMERCIAL LAND • 0.53 Acres
      591 Addison W Ave, Twin Falls, ID 83301-5047
      View Details
    • Value Estimation by Request
      0.13 Acres

      273 Addison W Ave

      VACANT COMMERCIAL LAND • 0.13 Acres
      273 Addison W Ave, Twin Falls, ID 83301-5049
      View Details
    • Value Estimation by Request
      0.11 Acres

      Filer W Ave

      VACANT COMMERCIAL LAND • 0.11 Acres
      Filer W Ave, Twin Falls, ID 83301
      View Details
    • Value Estimation by Request
      0.22 Acres

      2145 Floral Ave

      VACANT COMMERCIAL LAND • 0.22 Acres
      2145 Floral Ave, Twin Falls, ID 83301-7935
      View Details
    • Value Estimation by Request
      0.12 Acres

      663 Grange Ln

      VACANT COMMERCIAL LAND • 0.12 Acres
      663 Grange Ln, Twin Falls, ID 83301-5390
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Twin Falls Commercial Development Site

      Commercially zoned parcel near Snake River Canyon.
      1846 N 2900 E, Twin Falls, ID 83301
      View Details
    • $2,226,090

      Commercially Zoned Land Parcel

      Commercially zoned land with highway access in Twin Falls, Idaho.
      4TH 4Th Ave E, Twin Falls, ID 83301
      View Details
    • Contact for pricing

      Retail Pad Site on Pole Line

      Prime retail pad site with utilities and established landscaping.
      Pole Line Rd E, Twin Falls, ID 83301
      View Details
    • Contact for pricing

      Prime Commercial Pad Sites

      Commercial pad sites in high-growth Twin Falls location.
      Sec Pole Line Rd & Washington St, Twin Falls, ID 83301
      View Details
    • $2,179,743

      Commercial Land on Pole Line

      Large commercial lots with frontage on Pole Line/Hwy 93.
      434 Park Vw Loop E, Twin Falls, ID 83301
      View Details
    • $1,738,915
      5 SF

      Industrial Land with Highway Access

      5-acre industrial land with direct highway access and utilities.
      Land Victory Ln, Jerome, ID 83301
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Pad Sites Available

      Ground lease or purchase opportunity in Twin Falls, Idaho.
      Sec Pole Line Rd & Washington St, Twin Falls, ID 83301
      View Details
    • $30,000
      896 SF

      Commercial Land on Kimberly Road

      One acre commercial land available for lease in April 2026.
      1790 Kimberly Rd, Twin Falls, ID 83301
      View Details
    • $0.10 SF/Yr

      Versatile Yard Space in Twin Falls

      0.79 acres of yard space with build-to-suit options.
      Tbd Eastland South, Twin Falls, ID 83301
      View Details
    • $383,400
      53,250 SF

      Twin Falls Commercial Property

      Commercial property available for rent in Twin Falls, Idaho.
      568 Grange Ln, Twin Falls, ID 83301
      View Details
    • Contact for pricing

      Land Available in Twin Falls

      Land for sale on Pole Line Rd, Twin Falls, ID.
      Pole Line Rd, Twin Falls, ID 83301
      View Details
    • Contact for pricing

      Sun West Commercial Land Lease

      Prime Twin Falls commercial lots.
      0 Sec Pole Line Rd & Washington St, Twin Falls, ID 83301
      View Details
    View Listing
    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.
    273 Canyon Crest Dr
    Twin Falls, ID 83301
    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
    273 Canyon Crest Dr, Twin Falls, ID, 83301
    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!