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Property profile & analytics
OFF-MARKET
Estimated value
$955,000
Commercial real estate
12450 Franklin Rd Boise, ID 83709-0101
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US27-0180066
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2022
Total area
6,056 SF
Lot
9.82 ac (427,759 SF)
Zoning code
ZC-269
APN
S1109449030
UPID
US27-0180066
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
-
Mygrant Glass Co Inc Auto Repair Shop (Bike/Boat/Book/etc) Store
-
Daltile, Marazzi Sales Service Center Hardware & Home Improvement Carpet & Flooring Store
-
Graybar Building Supply Electrical Service
-
Vincen Mechanical's True Service of Idaho Inc. HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$765k
CAP Approach
CAP
$1.16M
Comparable Approach
Comparable
$947k
Blend (final)
Blend
$955k
Owner & transaction history
Vb S1 Assets LLC
Vb S1 Assets LLC
since 2026
2 recorded transactions
Zoning & alternative use
ZC-269 · 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
$765,000
CAP Approach
CAP Return
Estimation
6%
$1,255,000
6.5%
$1,155,000
7%
$1,075,000
Blend value · Realmo final
$955k
Range $860k – $1.05M · ±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
$158 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$148,911
Tax year 2023
Assessed value
$29,008,500
Assessed 2024
Previous assessed
$21,299,100
+36.2% YoY
Effective rate
0.51%
On assessed value
Assessed land
$3,978,200
Assessed improvement
$25,030,300
Land market value
$3,978,200
Improvement market value
$25,030,300
Total market value
$29,008,500
Applied tax rate
2.0000
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
2022
Stories
1
Total area
6,056 SF
Lot
9.82 ac (427,759 SF)
Zoning code
ZC-269
APN
S1109449030
UPID
US27-0180066
Jurisdiction
ADA
Zoning & alternative use
ZC-269 · Boise, ID
Zoning ZC-269 · permitted uses
ZC-269 · 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
2022
Stories
1
Lot
9.82 ac
Current owner
From public records · entity-resolved
Vb S1 Assets LLC
Entity
Mailing address
3271 ARDEN RD, HAYWARD, CA 94545-3901
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2026
—
Vb S1 Assets LLC
—
Deed
related
$132,596 · Deutsche Bank Trust Co Americas
May 9, 2023
—
Mrp Id Mt LLC
—
Deed
related
$18,870,000 · Wells Fargo Bank NA
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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