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Property profile & analytics
OFF-MARKET
Commercial real estate
196 State St Shelley, ID 83274-1139
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US27-0467192
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.14 ac (6,142 SF)
Zoning code
CB
APN
RP2013200
UPID
US27-0467192
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cole Clinger · 6 yrs held
Cole Clinger
since 2020
1 recorded transaction
Zoning & alternative use
CB · Shelley, ID
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the CB District is to accommodate and encourage further expansion and renewal of the historic business-core area of the City. A variety of business, public, quasi public, cultural, residential and other related uses are encouraged in an effort to provide the mix of activities necessary to establish a vital downtown area. This district provides…
Zone name
Central Business District
General category
COMMERCIAL
Zone area
71.78 ac
Source
Realmo
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 Shelley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shelley 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 2024Property tax & assessments
Tax year 2024
Tax billed
$2,863
Tax year 2024
Assessed value
$167,870
Assessed 2024
Previous assessed
$167,870
+0.0% YoY
Effective rate
1.71%
On assessed value
Assessed land
$21,420
Assessed improvement
$146,450
Land market value
$21,420
Improvement market value
$146,450
Total market value
$167,870
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
Lot
0.14 ac (6,142 SF)
Zoning code
CB
APN
RP2013200
UPID
US27-0467192
Jurisdiction
BINGHAM
Zoning & alternative use
CB · Shelley, IDZoning CB · permitted uses
CB · Shelley, ID
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the CB District is to accommodate and encourage further expansion and renewal of the historic business-core area of the City. A variety of business, public, quasi public, cultural, residential and other related uses are encouraged in an effort to provide the mix of activities necessary to establish a vital downtown area. This district provides for the location and grouping of compatible uses having common performance standards. It should be characterized by clean and well lighted streets, ample pedestrian ways and convenient vehicular parking.
Zone name
Central Business District
General category
COMMERCIAL
Zone area
71.78 ac
Source
Realmo
Building & site characteristics
From public records
Lot
0.14 ac
Current owner
From public records · entity-resolved
Cole Clinger
Individual
Mailing address
1342 N 1100TH E, SHELLEY, ID 83274-5113
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2020
—
Cole Clinger
Chao Lin Wilson
Warranty Deed
$262,500 · Citizens Community Bank
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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