Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    512 Main St Hailey, ID 83333-8417

    Property Lookup

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

    512 Main St Hailey, ID 83333-8417

    View on Map
    • Auto shops
    • 440 SF
    • 0.26 lot acres
    Off-Market
    Property ID
    US27-0469427
    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

    • Powerhouse Bocce Ball Court / Sports Field & Court
    • Perfect Loop Angling Company / (Bike/Boat/Book/etc) Store
    • Carrs 4 U 2 / Car Dealership

    Property Details for 512 Main St

    Lot size
    0.26 lot acres
    Property size
    440 SF
    Property type
    Auto shops
    APN
    RPH0000064013A
    APU
    RPH0000064013A

    Description

    This exceptional 0.26-acre commercial lot, located at 512 N Main Street in Hailey, Idaho (APN RPH0000064013A), presents a unique investment opportunity. Offered at $695,000, this fee simple property boasts a highly desirable location at the north end of Main Street, within the Downtown Residential Overlay zone. This advantageous zoning allows for more favorable density and parking regulations, making it particularly suitable for multifamily development projects. The property's prime location ensures excellent visibility and accessibility for any commercial venture. A key advantage is the pre-approved curb cut from the Idaho Transportation Department, a significant asset for businesses requiring drive-thru capabilities or convenient vehicle access. The versatile zoning allows for a range of uses, including mixed-use developments that combine commercial spaces with residential units. This lot offers significant potential for developers seeking to capitalize on Hailey's thriving downtown area and its strong demand for both commercial and residential properties. The property's strategic location and zoning flexibility make it an ideal investment for those seeking a high-return opportunity in a vibrant and growing community. The 83333 zip code ensures easy access to local amenities and services. Serious inquiries are encouraged.

    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
    Hailey
    County
    Blaine
    State
    Idaho
    Longitude
    -114.318
    Latitude
    43.5241
    CBSA code
    25200
    CBSA name
    HAILEY, 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
    $2,456
    $578,817
    $45,828
    $624,645
    -
    $578,817
    $45,828
    $624,645

    Comparable in this City

    • Value Estimation by Request
      2,080 SF

      14 Croy St

      AUTO REPAIR, GARAGE • 2,080 SF
      14 Croy St, Hailey, ID 83333-8407
      View Details
    • Value Estimation by Request
      4,680 SF

      4320 Glenbrook Dr

      AUTO REPAIR, GARAGE • 4,680 SF
      4320 Glenbrook Dr, Hailey, ID 83333-8510
      View Details
    • Value Estimation
      $770,000
      15,564 SF

      920 Main St

      AUTO REPAIR, GARAGE • 15,564 SF
      920 Main St, Hailey, ID 83333-8435
      View Details
    • Value Estimation by Request
      1,748 SF

      100 Golden Eagle S Dr

      AUTO REPAIR, GARAGE • 1,748 SF
      100 Golden Eagle S Dr, Hailey, ID 83333-5129
      View Details
    • Value Estimation by Request
      4,260 SF

      4111 Glenbrook Dr

      AUTO REPAIR, GARAGE • 4,260 SF
      4111 Glenbrook Dr, Hailey, ID 83333-8793
      View Details
    • Value Estimation by Request
      3,475 SF

      210 Main St

      AUTO REPAIR, GARAGE • 3,475 SF
      210 Main St, Hailey, ID 83333-8406
      View Details

    Similar Nearby for Sale

    • $249,500

      Established Custom Closet Business For Sale

      Profitable custom closet business with equipment, client list, and training.
      4121 S Black Oak Dr, Hailey, ID 83333
      View Details
    • Contact for pricing
      2,912 SF

      Corner Lot Building in Hailey

      Two-tenant building with high exposure and ample parking.
      315 S River St, Hailey, ID 83333
      View Details
    • New
      $695,000
      1,164 SF

      Main Street Retail Property

      Commercial property with retail frontage and expansion potential in Hailey.
      102 N Main St, Hailey, ID 83333
      View Details
    • $3,250,000
      0.83 Acres

      Entitled Multifamily Development Opportunity

      Permitted 50-unit multifamily development with retail space for sale.
      403 417 & 419, Hailey, ID 83333
      View Details
    • $949,000
      1,070 SF

      Prime Downtown Hailey Commercial Property

      Commercial property with showroom in desirable downtown location.
      409 S Main St, Hailey, ID 83333
      View Details
    • $2,950,000
      10,598 SF

      Prime Corner in Downtown Hailey

      Commercial property in downtown Hailey, great for user or investor.
      202 N Main St, Hailey, ID 83333
      View Details

    Similar Nearby for Lease

    • $1,650 /Mo
      680 SF

      Downtown Hailey Second Floor Office

      High-end office space in downtown Hailey with natural light.
      126 S Main St, Hailey, ID 83333
      View Details
    • New
      $2,650 /Mo
      1,200 SF

      Hailey Office Space For Rent

      Remodeled office space available near Hailey core with parking.
      201 N River St, Hailey, ID 83333
      View Details
    • $1,275 /Mo
      628 SF

      Office Space with Kitchenette

      Southern-facing office space in a secure, professional building.
      141 Citation Way, Hailey, ID 83333
      View Details
    • Contact for pricing

      Office Space Available For Rent

      Office spaces available, ranging from 378 to 390 square feet.
      416 S Main St, Hailey, ID 83333
      View Details
    • $750 /Mo

      Modern Office in Sawtooth Business Center

      Light-filled private office with amenities in Hailey's Sawtooth Business Center.
      101 Empty Saddle Trl, Hailey, ID 83333
      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.
    512 Main St
    Hailey, ID 83333-8417
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!