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Property profile & analytics
OFF-MARKET
Commercial real estate
1502 Franklin St, Boise, ID 83702-4028
Entity Owned
7-yr Hold
Property ID
US27-0027372
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1896
Total area
2,401 SF
Lot
0.14 ac (6,098 SF)
Zoning code
R-3HD/CD
APN
R1013008845
UPID
US27-0027372
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
-
North End Wellness Family Counselor
-
Dr. Bonita K. Vestal, MD Pediatrician Children's Hospital
-
Vestal Bonnie MD Physician
-
Johnson Lori Family Counselor
-
Michelle D. Marks, LAC Alternative Medicine Practice Acupuncture
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
1502 W Franklin Street LLC · 7 yrs held
1502 W Franklin Street LLC
since 2019
5 recorded transactions
Zoning & alternative use
R-3HD/CD · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,557
Tax year 2022
Assessed value
$1,175,300
Assessed 2023
Previous assessed
$1,111,900
+5.7% YoY
Effective rate
0.73%
On assessed value
Assessed land
$304,900
Assessed improvement
$870,400
Land market value
$304,900
Improvement market value
$870,400
Total market value
$1,175,300
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
1896
Heating
YES
Cooling
YES
Stories
2
Units
5
Bathrooms
3
Total area
2,401 SF
Lot
0.14 ac (6,098 SF)
Zoning code
R-3HD/CD
APN
R1013008845
UPID
US27-0027372
Jurisdiction
ADA
Zoning & alternative use
R-3HD/CD · Boise, ID
Zoning R-3HD/CD · permitted uses
R-3HD/CD · 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
1896
Heating
YES
Cooling
Yes
Stories
2
Units
5
Bathrooms
3
Lot
0.14 ac
Current owner
From public records · entity-resolved
1502 W Franklin Street LLC
Entity
Mailing address
1502 W FRANKLIN ST, BOISE, ID 83702-4028
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2019
—
1502 W Franklin Street LLC
Bury,jennifer
Quit Claim Deed
related
—
May 14, 2018
—
Jennifer Bury
Boise Womens Health & Birth C
Warranty Deed
$495,000 · Idaho Ctrl Cu
Dec 8, 2016
—
Boise Womens Health & Birth C
—
Deed
related
$94,054 · Community Dev Commission
Mar 27, 2014
—
Boise Womens Health & Birth Center
North End Wellness LLC
Warranty Deed
$421,100 · Zions First National Bank
—
—
Boise Womens Health & Birth C
—
Deed Of Trust
related
$94,054 · Community Dev Commission
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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