Entity Owned Property summary
AI-generated overview
This single-story, 11,445 square-foot shopping center in Boise, Idaho, is situated on a 2.12-acre lot and offers a compelling value-add investment opportunity. Priced at $2,815,000 with a 6.75% cap rate, the property boasts a prime location on West State Street, experiencing 36,000 AADT. The C-2 zoning allows for diverse commercial uses, and the existing tenant mix includes Strive Academy, Brave Brazilian Jiu-Jitsu, and FIT4EVER. The flexible building layout features a roll-up door on an end cap unit, with potential for additional garage doors in the back, enhancing adaptability for various tenants. Ample parking and excellent accessibility are key features. The property's strategic location is surrounded by new multifamily developments, indicating significant potential for future rent growth. Furthermore, the excess land presents a valuable opportunity for expansion, potentially into mixed-use or multifamily residential development. This investment combines the stability of strong existing tenants with the upside potential of a thriving location and expandable land. The property's APN is R8123251931.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2000
Total area
12,000 SF
Lot
2.12 ac (92,391 SF)
Zoning code
C-2
APN
R8123251931
UPID
US27-0057595
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Family Recreation Center
-
High School Daycare Center
-
Daycare Center
-
Interior Design Home Decor Store
-
Training Center Sports School
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.38M
Blend (final)
Blend
$1.37M
Owner & transaction history
since 2025
7 recorded transactions
Zoning & alternative use
C-2 · Boise, ID
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.37M
Value range
$1.23M – $1.50M
±10% around blend
Estimated value / SF
$114 / SF
Confidence
Property data
100
Comparable evidence
60
$1.23M
blend $1.37M
$1.50M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
12,000 SF
Lot area
2.12 ac
Year built
2000
Stories
1
APN
R8123251931
Zoning
C-2
Assessed value
$2,048,300
Annual tax
$16,428
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.38M
Range $539k – $2.18M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.37M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.05M
Move the market yield to see immediate price impact.
Value / SF
$171
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$129k
$2.58M
$1.84M
$1.43M
$143k
$2.87M
$2.05M
$1.59M
$158k
$3.15M
$2.25M
$1.75M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$16,428
Tax year 2022
Assessed value
$2,048,300
Assessed 2023
Previous assessed
$1,950,800
+5.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$914,700
Assessed improvement
$1,133,600
Land market value
$914,700
Improvement market value
$1,133,600
Total market value
$2,048,300
Applied tax rate
6.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2000
Heating
YES
Stories
1
Bathrooms
1
Total area
12,000 SF
Lot
2.12 ac (92,391 SF)
Zoning code
C-2
APN
R8123251931
UPID
US27-0057595
Jurisdiction
ADA
Zoning & alternative use
C-2 · Boise, IDZoning C-2 · permitted uses
C-2 · Boise, ID
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2000
Heating
YES
Stories
1
Bathrooms
1
Lot
2.12 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C-2
Jurisdiction
Boise, ID
Recorded code
C-2
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-2 in Boise, ID.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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