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    Property profile & analytics

    154 1st W Ave Jerome, ID 83338-2326

    • Office buildings
    • 0.52 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Location Intelligence
    Property ID
    US27-0648956
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 154 1st W Ave

    Year built
    2008
    Lot size
    0.52 lot acres
    Property type
    Office buildings
    APN
    RPJ1370065016A
    APU
    RPJ1370065016A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $325,000

    • CAP approach

      CAP return
      Estimation
      6%
      $395,000
      6.5%
      $395,000
      7%
      $370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $470,000
      Geo Method
      $405,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $430,000
      Retail
      $475,000
      Mixed-Use
      $370,000
      Hospitality
      $390,000
      Educational
      $385,000
      Residential Income
      $420,000
      Energy
      $485,000
      Income-Based Land
      $475,000
      Food Service
      $405,000

    Location Insight

    • Map
    • Local Demand
    City
    Jerome
    County
    Jerome
    State
    Idaho
    Longitude
    -114.52
    Latitude
    42.7257
    CBSA code
    46300
    CBSA name
    TWIN FALLS, ID MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,820
    $39,807
    $598,244
    $638,051
    -
    $39,807
    $598,244
    $638,051

    Comparable in this City

    • Value Estimation by Request
      4.65 Acres

      2255 Lincoln Ave

      OFFICE BUILDING • 4.65 Acres
      2255 Lincoln Ave, Jerome, ID 83338
      View Details
    • Value Estimation by Request
      0.14 Acres

      476 Main St

      OFFICE BUILDING • 0.14 Acres
      476 Main St, Jerome, ID 83338-2234
      View Details
    • Value Estimation by Request

      104 Main St

      OFFICE BUILDING
      104 Main St, Jerome, ID 83338-2330
      View Details
    • Value Estimation by Request
      1.26 Acres

      491 Heritage Dr

      OFFICE BUILDING • 1.26 Acres
      491 Heritage Dr, Jerome, ID 83338-6701
      View Details
    • Value Estimation by Request
      0.14 Acres

      Jerome, ID 83338

      OFFICE BUILDING • 0.14 Acres
      Jerome, ID 83338
      View Details
    • Value Estimation by Request
      0.04 Acres

      128 5th W Ave

      OFFICE BUILDING • 0.04 Acres
      128 5th W Ave, Jerome, ID 83338-1863
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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    • $892,000
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      Commercial Land in Jerome, ID

      2.93 acres of shovel-ready land in Crossroads Point Business Center.
      Tbd American Ave, Jerome, ID 83338
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    • $130,000
      1.00 Acre

      Residential Land in Jerome, Idaho

      Unimproved land in new subdivision near Jerome, Idaho.
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    • $130,000
      1.00 Acre

      Residential Land in Jerome, Idaho

      One-acre residential land in a new subdivision near Jerome.
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    Similar Nearby for Lease

    • $13 SF/Yr
      3,685 SF

      Prime Jerome Executive Office Space

      Class A Office, 3685 sq ft, High Visibility
      921 Lincoln Ave, Jerome, ID 83338
      View Details
    • $1.07 SF/Yr
      22,464 SF

      Premier Distribution Facility in Jerome

      Exceptional distribution facility with easy highway access and secure yard.
      382 American Ave, Jerome, ID 83338
      View Details

    Property Visit Statistics

    • Visits by month
      4.4k
    • Visitors by month
      2.4k
    • Avg Time on site
      13 min
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    154 1st W Ave
    Jerome, ID 83338-2326
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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