Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7234 Hwy 21 Lowman, ID 83637-7006

    Property Lookup

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

    7234 Hwy 21 Lowman, ID 83637-7006

    View on Map
    • Commercial real estate
    • 4,885 SF
    • 4.38 lot acres
    Off-Market
    Property ID
    US27-0214912
    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
    $1,005,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 7234 Hwy 21

    Lot size
    4.38 lot acres
    Property size
    4,885 SF
    Property type
    Commercial real estate
    APN
    RP09N07E277193
    APU
    RP09N07E277193

    Description

    This exceptional investment opportunity encompasses a thriving hospitality business nestled on a picturesque 4.38-acre parcel in Lowman, Idaho. Boasting over 400 feet of frontage along the South Fork of the Payette River, the property enjoys a highly visible location at the intersection of Banks/Lowman Highway and Highway 21, placing it at the heart of Idaho's renowned recreational region. The main lodge building, spanning 7,000 square feet, features a fully equipped restaurant, a comfortable parlor, and a well-stocked bar. Multiple kitchens and bathrooms cater to the needs of guests and staff, ensuring efficient operation. Ample seating areas provide comfortable spaces for relaxation and dining. In addition to the main lodge, a 5,185-square-foot riverside inn offers ten guest rooms, providing comfortable accommodations for visitors. Three private cabins and a spacious 1,850-square-foot bunkhouse offer additional lodging options, ideal for staff housing or extended-stay guests. The property's water supply is secured by a single, deep 600-foot well, equipped with individual cabin filtration systems, ensuring reliable and clean water throughout the complex. The location offers unparalleled access to a wide array of outdoor activities, including fishing, whitewater rafting, and kayaking directly on the Payette River. The adjacent Boise National Forest provides endless opportunities for hunting, camping, hiking, horseback riding, cross-country skiing, snowshoeing, and exploring the area's numerous hot springs. This turnkey operation presents a unique chance to own a well-established business in a highly desirable location. The property is priced at $2,400,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,010,000
      6.5%
      $935,000
      7%
      $865,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,074,000
      Market price range: $299k - $1.07M

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

    Location Insight

    • Map
    • Local Demand
    City
    Lowman
    County
    Boise
    State
    Idaho
    Longitude
    -115.62
    Latitude
    44.0812
    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
    2023
    $9,014
    $195,180
    $2,192,838
    $2,388,018
    -
    $195,180
    $2,192,838
    $2,388,018

    Comparable in this City

    • Value Estimation by Request
      4,228 SF

      7641 Hwy 21

      COMMERCIAL (GENERAL) • 4,228 SF
      7641 Hwy 21, Lowman, ID 83637
      View Details
    • Value Estimation by Request
      672 SF

      7263 Hwy 21

      COMMERCIAL (GENERAL) • 672 SF
      7263 Hwy 21, Lowman, ID 83637-7005
      View Details
    • Value Estimation by Request
      1,464 SF

      7655 Hwy 21

      COMMERCIAL (GENERAL) • 1,464 SF
      7655 Hwy 21, Lowman, ID 83637-7025
      View Details
    • Value Estimation by Request
      2,904 SF

      636 Grandjean Rd

      COMMERCIAL (GENERAL) • 2,904 SF
      636 Grandjean Rd, Lowman, ID 83637-7070
      View Details
    • Value Estimation by Request
      0.80 Acres

      8467 Hwy 21

      COMMERCIAL (GENERAL) • 0.80 Acres
      8467 Hwy 21, Lowman, ID 83637
      View Details
    • Value Estimation by Request
      0.64 Acres

      8467 Hwy 21

      COMMERCIAL (GENERAL) • 0.64 Acres
      8467 Hwy 21, Lowman, ID 83637
      View Details

    Similar Nearby for Sale

    • $225,000
      44,431 SF

      Payette River View Land Parcel

      1.023-acre parcel with river views and easy forest access.
      12 Plateau Rd, Lowman, ID 83637
      View Details
    • $195,000
      1.02 Acres

      Scenic Land Overlooking Payette River

      1.02-acre parcel with river views and easy forest access.
      12 Plateau Rd, Lowman, ID 83637
      View Details
    • $2,245,000
      480.00 Acres

      Expansive Mountain Retreat Land

      480+/- acre mountain retreat with diverse terrain and wildlife.
      Nf-618 Rd, Ola, ID 83637
      View Details
    • $120,000
      0.95 Acres

      Land in Lowman, Idaho

      0.95-acre building lot near trails, river, and recreation.
      8 9, Lowman, ID 83637
      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.
    7234 Hwy 21
    Lowman, ID 83637-7006
    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!