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Property profile & analytics
OFF-MARKET
Estimated value
$3,085,000
Commercial real estate
1000 Park Blvd Boise, ID 83712-7791
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US27-0480463
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2017
Total area
27,972 SF
Lot
2.65 ac (115,260 SF)
Zoning code
C-3D
APN
R1088500138
UPID
US27-0480463
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
St. Luke's Clinic - Internal Medicine: Boise, Park Blvd. Physician
-
Park Place Clinic Physician
-
St. Luke's Clinic COVID Recovery Medical Clinic
-
Slater Cristin C MD Physician
-
Erika A. Lewis, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.74M
Blend (final)
Blend
$3.09M
Owner & transaction history
Oak Hill Terrace Associates · 7 yrs held
Oak Hill Terrace Associates
since 2019
3 recorded transactions
Zoning & alternative use
C-3D · Boise, ID
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Boise submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boise submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.09M
Range $2.78M – $3.39M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$110 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$119,997
Tax year 2022
Assessed value
$14,613,100
Assessed 2023
Previous assessed
$13,839,400
+5.6% YoY
Effective rate
0.82%
On assessed value
Assessed land
$4,898,600
Assessed improvement
$9,714,500
Land market value
$4,898,600
Improvement market value
$9,714,500
Total market value
$14,613,100
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2017
Heating
NONE
Stories
1
Total area
27,972 SF
Lot
2.65 ac (115,260 SF)
Zoning code
C-3D
APN
R1088500138
UPID
US27-0480463
Jurisdiction
ADA
Zoning & alternative use
C-3D · Boise, IDZoning C-3D · permitted uses
C-3D · Boise, ID
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2017
Heating
NONE
Stories
1
Lot
2.65 ac
Current owner
From public records · entity-resolved
Oak Hill Terrace Associates
Entity
Mailing address
PO BOX 8640, TRUCKEE, CA 96162-8640
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2019
—
Oak Hill Terrace Associates
Park Mob LLC
Grant Deed
$7,600,000 · Public Emp Retirement Sys
Jan 4, 2017
—
Park Mob LLC
Valley LP Pleasant
Grant Deed
$10,165,000 · Bank Of The Cascades
Jan 3, 2008
—
Nine Sixteen LLC
—
Deed Of Trust
related
$125,000 · Don R Thornton
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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