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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Commercial real estate
1150 Myrtle St, Boise, ID 83702-6900
Entity Owned
2-yr Hold
Free & Clear
Property ID
US27-0861381
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2018
Total area
5,037 SF
Lot
0.83 ac (36,068 SF)
Zoning code
C-5DD
APN
S1010223290
UPID
US27-0861381
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
-
Panera Bread Take-out & Catering Catering Service
-
BVA downtown Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$665k
CAP Approach
CAP
$960k
Comparable Approach
Comparable
$895k
Blend (final)
Blend
$930k
Owner & transaction history
Fa Myrtle LLC · 2 yrs held
Fa Myrtle LLC
since 2023
5 recorded transactions
Zoning & alternative use
C-5DD · 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
$665,000
CAP Approach
CAP Return
Estimation
6%
$1,045,000
6.5%
$960,000
7%
$895,000
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±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
$185 / 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
$30,252
Tax year 2022
Assessed value
$3,708,500
Assessed 2023
Previous assessed
$7,417,000
-50.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$3,273,200
Assessed improvement
$435,300
Land market value
$3,273,200
Improvement market value
$435,300
Total market value
$3,708,500
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
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
2018
Heating
NONE
Stories
1
Total area
5,037 SF
Lot
0.83 ac (36,068 SF)
Zoning code
C-5DD
APN
S1010223290
UPID
US27-0861381
Jurisdiction
ADA
Zoning & alternative use
C-5DD · Boise, ID
Zoning C-5DD · permitted uses
C-5DD · Boise, ID
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boise. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2018
Heating
NONE
Stories
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
Fa Myrtle LLC
Entity
Free & Clear · 2 yrs held
Mailing address
15015 MAIN ST STE #203, BELLEVUE, WA 98007-5229
Ownership since
2023
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
Aug 15, 2023
—
Fa Myrtle LLC
Franklin Acquisition LLC
Quit Claim Deed
related
—
Dec 9, 2020
—
Envision 360 INC
—
Deed
related
$1,500,000 · Capital Educators FCU
Apr 15, 2019
—
Envision 360 INC
—
Trustees Deed
related
$1,250,000 · Idaho Ctrl Cu
May 8, 2018
—
Bvgc Parcel D LLC
—
Deed
related
$1,250,000 · Citizens Community Bank
Nov 30, 2017
—
Bvgc Parcel D LLC
Bvgc Parcel B LLC
Quit Claim Deed
related
$1,250,000 · Citizens Cmnty Bk
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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