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    856 Star Rd Star, ID 83669
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    Property profile & analytics

    856 Star Rd Star, ID 83669

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    • Commercial real estate
    • 0.91 lot acres
    Off-Market
    Property ID
    US27-0022824
    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 real estate

    Property Details for 856 Star Rd

    Lot size
    0.91 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 0.91-acre commercial lot presents a unique investment opportunity in the thriving town of Star, Idaho. Located at 856 S Star Rd, this property offers significant potential for a variety of commercial ventures. The expansive lot provides ample space for development, allowing for flexibility in design and construction to suit diverse business needs. Its strategic location within Star ensures high visibility and accessibility, making it an ideal site for attracting customers and clients. The property's size and zoning (which should be independently verified) offer considerable potential for building a substantial commercial structure. This is a rare chance to acquire a sizable parcel of land in a rapidly growing area, promising strong returns on investment. The asking price of $669,000 reflects the property's prime location and development potential. Serious inquiries are encouraged to explore the possibilities this exceptional commercial lot offers. Further due diligence, including zoning verification and site analysis, is recommended to fully assess the property's suitability for specific development plans. Don't miss this opportunity to secure a piece of Star's vibrant commercial landscape. Contact us today to schedule a viewing and begin planning your next commercial venture.

    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
    Star
    County
    Ada
    State
    Idaho
    Longitude
    -116.4926
    Latitude
    43.6843

    Comparable in this City

    • $900,000
      2,450 SF

      Prime Star, ID Commercial Land

      High-visibility, build-to-suit opportunity.
      12550 Goldcrest St, Star, ID 83669
      View Details
    • $990,000
      2,456 SF

      Corner Commercial Space in Star

      2,456 SF corner commercial space on a major highway.
      12567 W State St, Star, ID 83669
      View Details
    • New
      $330,000
      0.33 Acres

      Star, Idaho Land For Sale

      Land in gated community with lake access in Star, Idaho.
      6266 Chateau Pl, Star, ID 83669
      View Details
    • Contact for pricing
      14,561 SF

      Retail/Office Buildings Near High-Traffic Area

      Proposed retail/office buildings in a rapidly growing area.
      12340 W Bounty Ln, Star, ID 83669
      View Details

    Similar Nearby for Sale

    • $900,000
      2,450 SF

      Prime Star, ID Commercial Land

      High-visibility, build-to-suit opportunity.
      12550 Goldcrest St, Star, ID 83669
      View Details
    • $990,000
      2,456 SF

      Corner Commercial Space in Star

      2,456 SF corner commercial space on a major highway.
      12567 W State St, Star, ID 83669
      View Details
    • Contact for pricing
      14,561 SF

      Retail/Office Buildings Near High-Traffic Area

      Proposed retail/office buildings in a rapidly growing area.
      12340 W Bounty Ln, Star, ID 83669
      View Details
    • New
      $330,000
      0.33 Acres

      Star, Idaho Land For Sale

      Land in gated community with lake access in Star, Idaho.
      6266 Chateau Pl, Star, ID 83669
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Corner Land in Star

      High-visibility corner lot in Star, ideal for retail.
      342 S Calhoun Pl, Star, ID 83669
      View Details
    • Contact for pricing

      High-Visibility Mixed-Use Land in Star

      Prime location in Star, ideal for various commercial uses.
      12080 W State St, Star, ID 83669
      View Details
    • Contact for pricing

      Retail Project in Star, Idaho

      22-acre retail project with shop space and ground lease options.
      11646 W State St, Star, ID 83669
      View Details
    • Contact for pricing
      9,094 SF

      Star Retail Development Opportunity

      New retail development in Star with pad sites available.
      8874 State St, Star, ID 83669
      View Details
    • Contact for pricing

      Office and Retail Space Available

      Single tenant office and retail space for rent.
      12545 W State St, Star, ID 83669
      View Details
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    856 Star Rd
    Star, ID 83669
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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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