New search
Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Banks
2520 Channing Way, Idaho Falls, ID 83404-7515
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US27-0296222
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1996
Total area
18,423 SF
Lot
1.62 ac (70,545 SF)
APN
RPA3056108001D
UPID
US27-0296222
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
-
Westmark Credit Union Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$635k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$633k
Blend (final)
Blend
$635k
Owner & transaction history
Douglas Jay Ward · 1 yrs held
Douglas Jay Ward
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+9.5%
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 Idaho Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Idaho Falls 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
$635,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$960,000
Current use
AUTO REPAIR, GARAGE
$1,055,000
Change: +10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$935,000
Change: -3% · Conversion: Difficult
MEDICAL BUILDING
$920,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$635k
Range $572k – $699k · ±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
$34 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$31,914
Tax year 2024
Assessed value
$440,150
Assessed 2024
Previous assessed
$2,969,351
-85.2% YoY
Effective rate
7.25%
On assessed value
Assessed land
$423,270
Assessed improvement
$16,880
Land market value
$423,270
Improvement market value
$16,880
Total market value
$440,150
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1996
Heating
NONE
Stories
2
Total area
18,423 SF
Lot
1.62 ac (70,545 SF)
APN
RPA3056108001D
UPID
US27-0296222
Jurisdiction
BONNEVILLE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$960,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$935,000
MEDICAL BUILDING
Est. value
$920,000
FINANCIAL BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
Heating
NONE
Stories
2
Lot
1.62 ac
Current owner
From public records · entity-resolved
Douglas Jay Ward
Individual
Mailing address
205 W 13TH ST, IDAHO FALLS, ID 83402-4148
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
102 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2026
—
Lawrence Cody
—
Deed
related
$30,000 · Westmark Cu
Mar 18, 2026
—
Vernon D Avery
—
Deed
related
$32,000 · Westmark Cu
Jan 16, 2026
—
Gary L Orchard
—
Deed
related
$120,949 · Westmark Cu
Dec 23, 2025
—
Stan J Bell
—
Deed
related
$125,000 · Westmark Cu
Dec 5, 2025
—
Gumaro Rodriguez
—
Deed
related
$75,000 · Westmark Cu
Oct 28, 2025
—
Longmore Reh
—
Deed
related
$50,000 · Westmark Cu
Oct 20, 2025
—
Daniel Eric Norman
—
Deed
related
$30,000 · Westmark Cu
Oct 10, 2025
—
Karl A Powell
—
Deed
related
$70,000 · Westmark Cu
Sep 16, 2025
—
Clifford J Stanley
—
Deed
related
$250,000 · Westmark Cu
Aug 7, 2025
—
Kamden M Huntsman
—
Deed
related
$20,000 · Westmark Cu
Aug 5, 2025
—
Doyle G Hill
—
Deed
related
$75,000 · Westmark Cu
Jul 29, 2025
—
John M Cleveland III
—
Deed
related
$514,000 · Westmark Cu
Jul 24, 2025
—
Julie Schneider
—
Deed
related
$75,000 · Westmark Cu
Jul 10, 2025
—
Alan Dalley Layne
—
Deed
related
$20,000 · Westmark Cu
Jun 23, 2025
—
Philip A Wade
—
Deed
related
$80,000 · Westmark Cu
Jun 16, 2025
—
Tyler J Hobbs
—
Deed
related
$75,000 · Westmark Cu
Jun 5, 2025
—
Vicki H Brammer
—
Deed
related
$50,000 · Westmark Cu
Jun 3, 2025
—
Jamie M Gerber
—
Deed
related
$30,000 · Westmark Cu
May 29, 2025
—
Rick C Cutforth
—
Deed
related
$50,000 · Westmark Cu
May 14, 2025
—
Russell Taylor
—
Deed
related
$75,000 · Westmark Cu
May 12, 2025
—
Paul Lapietra
—
Deed
related
$5,000 · Westmark Cu
Apr 17, 2025
—
Carl J Farmer
—
Deed
related
$125,000 · Westmark Cu
Apr 16, 2025
—
Jeffrey Holland
—
Deed
related
$25,000 · Westmark Cu
Apr 11, 2025
—
Todd R Mary
—
Deed
related
$50,000 · Westmark Cu
Apr 7, 2025
—
Mark Mikkola
—
Deed
related
$15,000 · Westmark Cu
Mar 21, 2025
—
Justin P Terry
—
Deed
related
$50,000 · Westmark Cu
Mar 12, 2025
—
Douglas Jay Ward
Douglas Jay Ward
Deed
related
$135,606 · Westmark Cu
Mar 10, 2025
—
Jennifer Nadeau
—
Deed
related
$25,000 · Western Cu
Mar 3, 2025
—
Martin R Reyes
—
Deed
related
$105,000 · Westmark Cu
Feb 13, 2025
—
Gary Lynn Schwendiman
—
Deed
related
$50,000 · Westmark Cu
Feb 12, 2025
—
Gabriel A Martin
—
Deed
related
$30,000 · Westmark Cu
Jan 13, 2025
—
Stephen Novascone
—
Deed
related
$75,000 · Westmark Cu
Jan 8, 2025
—
Austin Monson Thayne
—
Deed
related
$60,000 · Westmark Cu
Jan 6, 2025
—
Chasidee Bird
—
Deed
related
$30,000 · Westmark Cu
Nov 26, 2024
—
Delynn R Randall
—
Deed
related
$30,000 · Westmark Cu
Nov 22, 2024
—
Edna Larsen
—
Deed
related
$40,000 · Westmark Cu
Oct 18, 2024
—
Ryan H Hardy
—
Deed
related
$70,000 · Westmark Cu
Oct 2, 2024
—
Heidi Rogers
—
Deed
related
$30,000 · Westmark Cu
Sep 11, 2024
—
Micheal Ingram
Michael Ingram
Intrafamily Transfer
related
$30,000 · Westmark Cu
Sep 5, 2024
—
Cindy S Wilde
—
Deed
related
$80,000 · Westmark Cu
Aug 23, 2024
—
Alexis Ann Rodriguez
—
Deed
related
$55,000 · Westmark Cu
Aug 21, 2024
—
Michele Hamblin
—
Deed
related
$50,000 · Westmark Cu
Aug 16, 2024
—
Thomas L Fullmer
—
Deed
related
$20,000 · Westmark Cu
Aug 12, 2024
—
Timothy A Arnold
—
Deed
related
$50,000 · Westmark Cu
Aug 1, 2024
—
Randall J Richmond
Randall J Richmond
Intrafamily Transfer
related
$200,000 · Westmark Cu
Jul 25, 2024
—
David Shelley
—
Deed
related
$75,000 · Westmark Cu
Jul 18, 2024
—
Christopher Delora
—
Deed
related
$30,000 · Westmark Cu
Jul 15, 2024
—
Brian Wulf
—
Deed
related
$75,000 · Westmark Cu
Jul 5, 2024
—
Janice Ulrich
—
Deed
related
$50,000 · Westmark Cu
Jul 2, 2024
—
Byron T Nukaya
—
Deed
related
$75,000 · Westmark Cu
Jun 26, 2024
—
Blake C Murri
—
Deed
related
$50,000 · Westmark Cu
Jun 24, 2024
—
Mark R Nelson
—
Deed
related
$75,000 · Westmark Cu
Jun 17, 2024
—
Duane Russell Clark
—
Deed
related
$18,000 · Westmark Cu
Jun 13, 2024
—
Brent K Clayton
—
Deed
related
$350,000 · Westmark Cu
Jun 10, 2024
—
Trina Davenport
—
Deed
related
$28,000 · Westmark Cu
Jun 3, 2024
—
Travis Smith
—
Deed
related
$75,000 · Westmark Cu
May 30, 2024
—
Tiffnee Hurst
—
Deed
related
$56,191 · Westmark Cu
May 29, 2024
—
Shawn Kent Jordan
—
Deed
related
$30,000 · Westmark Cu
May 24, 2024
—
Evy Jo Gilstrap
—
Deed
related
$60,000 · Westmark Cu
May 22, 2024
—
Mike Ghiglia
—
Deed
related
$20,000 · Westmark Cu
May 21, 2024
—
Alex Cummins Martin
—
Deed
related
$40,000 · Westmark Cu
May 15, 2024
—
Roselyn Quigg
—
Deed
related
$75,000 · Westmark Cu
May 9, 2024
—
Reginald Glenn Barnette
—
Deed
related
$75,000 · Westmark Cu
May 3, 2024
—
Jason Todd Shepherd
—
Deed
related
$55,000 · Westmark Cu
May 2, 2024
—
Darrell Wagner
—
Deed
related
$25,000 · Westmark Cu
Apr 29, 2024
—
Jeffrey A Burch
Jeffrey A Burch
Intrafamily Transfer
related
$40,000 · Westmark Cu
Apr 25, 2024
—
Jeremy Plothow
—
Deed
related
$60,000 · Westmark Cu
Apr 18, 2024
—
Kip D Davies
—
Deed
related
$50,000 · Westmark Cu
Apr 17, 2024
—
Bryan Morton Dean
—
Deed
related
$75,000 · Westmark Cu
Apr 12, 2024
—
Gail P Degnan
—
Deed
related
$32,937 · Westmark Cu
Apr 5, 2024
—
Guy F Vargo
—
Deed
related
$50,000 · Westmark Cu
Mar 28, 2024
—
Daniel David
—
Deed
related
$40,000 · Westmark Cu
Mar 26, 2024
—
Josh C Messick
—
Deed
related
$50,000 · Westmark Cu
Mar 22, 2024
—
Simone C Stoumbaugh
—
Deed
related
$75,000 · Westmark Cu
Mar 20, 2024
—
Patricia Lynn Hughes
—
Deed
related
$150,000 · Westmark Cu
Mar 14, 2024
—
Nickolas Michael Bolender
—
Deed
related
$175,000 · Westmark Cu
Mar 7, 2024
—
David James England
—
Deed
related
$20,000 · Westmark Cu
Feb 27, 2024
—
Benjamin Daniel Bottcher
—
Deed
related
$50,000 · Westmark Cu
Jan 16, 2024
—
Ryan E Moore
—
Deed
related
$20,000 · Westmark Cu
Dec 28, 2023
—
Lori A Beverly
—
Deed
related
$30,000 · Westmark Cu
Dec 26, 2023
—
James Norman Mcbride
—
Deed
related
$30,000 · Westmark Cu
Nov 27, 2023
—
Kenneth W Moore
—
Deed
related
$75,000 · Westmark Cu
Nov 21, 2023
—
Colleen A Wagner
—
Deed
related
$50,000 · Westmark Cu
Oct 31, 2023
—
Jason R Garcia
—
Deed
related
$57,600 · Westmark Cu
Oct 30, 2023
—
Casey J Kelley
—
Deed
related
$50,000 · Westmark Cu
Oct 17, 2023
—
Dawn Scates
—
Deed
related
$75,000 · Westmark Cu
Oct 13, 2023
—
Allison M Salmonson
—
Deed
related
$50,000 · Westmark Cu
Sep 29, 2023
—
David C Hooper
—
Deed
related
$22,000 · Westmark Cu
Sep 25, 2023
—
Sergio Soto
—
Deed
related
$55,000 · Westmark Cu
Sep 12, 2023
—
Diana C Beem
—
Deed
related
$25,000 · Westmark Cu
Aug 29, 2023
—
Clint Kelley
—
Deed
related
$35,000 · Westmark Cu
Aug 25, 2023
—
Paul Brooke Cornelius
—
Deed
related
$50,000 · Westmark Cu
Aug 23, 2023
—
Dylan Richins
—
Deed
related
$50,000 · Westmark Cu
Jul 31, 2023
—
Travis J Robison
—
Deed
related
$30,000 · Westmark Cu
Jul 24, 2023
—
Erik J Jacobson
—
Deed
related
$35,000 · Westmark Cu
Jul 20, 2023
—
Chris Cook
—
Deed
related
$200,000 · Westmark Cu
Jul 10, 2023
—
Desirae A Huether
—
Deed
related
$75,000 · Westmark Cu
Jul 3, 2023
—
Dan Carruthers
—
Deed
related
$35,000 · Westmark Cu
Jun 30, 2023
—
Brian P Schwieder
—
Deed
related
$47,000 · Westmark Cu
Jun 23, 2023
—
Chad S Hill
—
Deed
related
$30,000 · Westmark Cu
Aug 21, 2015
—
Tena M Hansen
Jessie K Hansen
Intrafamily Transfer
related
$97,600 · Westmark Cu
Mar 11, 2015
—
Kendall Purser
Jaron Christensen
Warranty Deed
$110,700 · Westmark Cu
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2520 Channing Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.