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Property profile & analytics
OFF-MARKET
Estimated value
$1,935,000
Commercial real estate
106 48th St, Garden City, ID 83714-4734
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US27-0194462
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2001
Total area
19,392 SF
Lot
0.86 ac (37,505 SF)
Zoning code
C-1
APN
R7334150535
UPID
US27-0194462
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.61M
Blend (final)
Blend
$1.94M
Owner & transaction history
Bronco Elite Arts & Athletics LLC · 2 yrs held
Bronco Elite Arts & Athletics LLC
since 2024
5 recorded transactions
Zoning & alternative use
C-1 · Garden City, 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 Garden City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garden City 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
$1.94M
Range $1.74M – $2.13M · ±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
$100 / 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
$17,118
Tax year 2022
Assessed value
$2,398,200
Assessed 2023
Previous assessed
$2,398,200
+0.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$262,500
Assessed improvement
$2,135,700
Land market value
$262,500
Improvement market value
$2,135,700
Total market value
$2,398,200
Applied tax rate
6.0000
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
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
2001
Heating
NONE
Stories
1
Total area
19,392 SF
Lot
0.86 ac (37,505 SF)
Zoning code
C-1
APN
R7334150535
UPID
US27-0194462
Jurisdiction
ADA
Zoning & alternative use
C-1 · Garden City, ID
Zoning C-1 · permitted uses
C-1 · Garden City, ID
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Garden City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Heating
NONE
Stories
1
Lot
0.86 ac
Current owner
From public records · entity-resolved
Bronco Elite Arts & Athletics LLC
Entity
Mailing address
106 E 48TH ST, GARDEN CITY, ID 83714-4734
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2024
—
Bronco Elite Arts & Athletics LLC
106 Garden City LLC
Warranty Deed
$704,730 · Washington Trust Bank
Jan 4, 2019
—
106 Garden City LLC
Tricon Properties LLC
Warranty Deed
related
—
Dec 26, 2014
—
Tricon Properties LLC
Tanabe Properties LLC
Grant Deed
related
—
Oct 16, 2013
—
Tanabe Properties LLC
Bentley Properties LLC
Quit Claim Deed
related
—
—
—
Bentley Properties LLC
—
Deed Of Trust
related
$900,000 · Bank Of The Cascades
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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