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Property profile & analytics
FOR SALE
Investment properties
298 D St, Idaho Falls, ID 83402
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US27-0312601
For Sale
1 / 59
$1,750,000
298 D St, Idaho Falls, ID 83402
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1948
Total area
8,714 SF
Lot
0.45 ac (19,741 SF)
APN
RPA1980009007A
UPID
US27-0312601
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
-
Frosty Gator Restaurant
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
Jake Schaefer · 7 yrs held
Jake Schaefer
since 2018
7 recorded transactions
Zoning & alternative use
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 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
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
$5,829
Tax year 2024
Assessed value
$155,460
Assessed 2024
Previous assessed
$402,002
-61.3% YoY
Effective rate
3.75%
On assessed value
Assessed land
$138,180
Assessed improvement
$17,280
Land market value
$138,180
Improvement market value
$17,280
Total market value
$155,460
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1948
Heating
NONE
Stories
2
Total area
8,714 SF
Lot
0.45 ac (19,741 SF)
APN
RPA1980009007A
UPID
US27-0312601
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
Building & site characteristics
From public records
Year built
1948
Heating
NONE
Stories
2
Lot
0.45 ac
Current owner
From public records · entity-resolved
Jake Schaefer
Individual
Mailing address
4914 W 65TH S, IDAHO FALLS, ID 83402-5741
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2026
—
Jake Schaefer
—
Deed
related
$150,000 · D L Evans Bank
Dec 19, 2024
—
Jake Schaefer
—
Deed
related
$100,000 · D L Evans Bank
May 14, 2021
—
Jake Schaefer
—
Deed
related
$75,000 · D L Evans Bank
Mar 11, 2019
—
Michelle Lee Schaefer
—
Deed
related
$75,000 · D L Evans Bank
Nov 8, 2018
—
Jake Schaefer
Jake Schaefer
Intrafamily Transfer
related
$225,000 · D L Evans Bank
Sep 26, 2018
—
Jake Schaefer
—
Deed
related
$210,000 · Bank Of Idaho
Jun 22, 2005
—
Jake Schaefer
Vassoler Properties LLC
Limited Warranty Deed
$365,000 · Vassoler Properties LLC
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?”
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