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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Bars & Pubs
2115 Thain Grade Lewiston, ID 83501-4106
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US27-0671285
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1996
Total area
3,943 SF
Lot
1.61 ac (70,132 SF)
Zoning code
C6
APN
RPL355W0056001
UPID
US27-0671285
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
$590k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$501k
Blend (final)
Blend
$545k
Owner & transaction history
Id Seafood LLC · 3 yrs held
Id Seafood LLC
since 2023
1 recorded transaction
Zoning & alternative use
C6 · Lewiston, ID
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To encourage the establishment of areas for varied types of commercial uses and to meet the needs of the regional market area
Zone name
Regional Commercial Zone
General category
COMMERCIAL
Zone area
272.33 ac
Source
Realmo
Top alternative use upside
Office building
$415,000
+5.5%
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 Lewiston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lewiston 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
$590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NIGHTCLUB (COCKTAIL LOUNGE)
$395,000
Current use
OFFICE BUILDING
$415,000
Change: +5% · Conversion: Difficult
AUTO REPAIR, GARAGE
$380,000
Change: -3% · Conversion: Difficult
COMMERCIAL (GENERAL)
$360,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
$138 / 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
$22,097
Tax year 2023
Assessed value
$1,432,350
Assessed 2024
Previous assessed
$1,439,850
-0.5% YoY
Effective rate
1.54%
On assessed value
Assessed land
$880,750
Assessed improvement
$551,600
Land market value
$880,750
Improvement market value
$551,600
Total market value
$1,432,350
Applied tax rate
10,000.0000
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
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
Off-Market
Year built
1996
Stories
1
Total area
3,943 SF
Lot
1.61 ac (70,132 SF)
Zoning code
C6
APN
RPL355W0056001
UPID
US27-0671285
Jurisdiction
NEZ PERCE
Zoning & alternative use
C6 · Lewiston, IDZoning C6 · permitted uses
C6 · Lewiston, ID
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To encourage the establishment of areas for varied types of commercial uses and to meet the needs of the regional market area
Zone name
Regional Commercial Zone
General category
COMMERCIAL
Zone area
272.33 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
NIGHTCLUB (COCKTAIL LOUNGE) Current
Est. value
$395,000
OFFICE BUILDING
Est. value
$415,000
AUTO REPAIR, GARAGE
Est. value
$380,000
COMMERCIAL (GENERAL)
Est. value
$360,000
NIGHTCLUB (COCKTAIL LOUNGE) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1996
Stories
1
Lot
1.61 ac
Current owner
From public records · entity-resolved
Id Seafood LLC
Entity
Free & Clear · 3 yrs held
Mailing address
15915 VENTURA BLVDPH2, ENCINO, CA 91436-2736
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2023
—
Id Seafood LLC
Spirit Master Funding Ix LLC
Special Warranty Deed
—
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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