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Property profile & analytics
OFF-MARKET
Commercial real estate
349 Ctr St Shelley, ID 83274-1364
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US27-0814794
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.7 ac (30,666 SF)
Zoning code
R1
APN
RP2045300
UPID
US27-0814794
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
Drew Hojnacki · 5 yrs held
Drew Hojnacki
since 2021
4 recorded transactions
Zoning & alternative use
R1 · Shelley, ID
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Title 10-9a R1-A Residential Zone Title 10-9B R2A Residence Zone Title 10-10 Special Use Permits Title 10-11 Non Conforming Uses Title 10-12 Appeals, Variances & Actions by Affected Persons Title 10-13 Mobile Home & Travel Trailer Parks Title 10-14 Enforcement Title 10-15 Planned Unit Developments Title 10-16 Subdivision Regulations and Procedures Title 10-1…
Zone name
Single Family Residence District
General category
RESIDENTIAL
Zone area
703.72 ac
Source
City Code | City of Shelley
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
$4,314
Tax year 2024
Assessed value
$253,000
Assessed 2024
Previous assessed
$137,880
+83.5% YoY
Effective rate
1.71%
On assessed value
Assessed land
$41,150
Assessed improvement
$211,850
Land market value
$41,150
Improvement market value
$211,850
Total market value
$253,000
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
0.7 ac (30,666 SF)
Zoning code
R1
APN
RP2045300
UPID
US27-0814794
Jurisdiction
BINGHAM
Zoning & alternative use
R1 · Shelley, IDZoning R1 · permitted uses
R1 · Shelley, ID
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Title 10-9a R1-A Residential Zone Title 10-9B R2A Residence Zone Title 10-10 Special Use Permits Title 10-11 Non Conforming Uses Title 10-12 Appeals, Variances & Actions by Affected Persons Title 10-13 Mobile Home & Travel Trailer Parks Title 10-14 Enforcement Title 10-15 Planned Unit Developments Title 10-16 Subdivision Regulations and Procedures Title 10-17 Siting of Manufactured Homes Title 10-18 Amendments Title 10-19 Street Numbering Title 10-20 Water Rights Transference Title 10-21 Wind Energy Conversion Systems Table of Contents Home City Code Shelley, ID 101 S Emerson Ave. Shelley, ID 83274 (208) 357-3390 © 2026 Adobe Downloader
Zone name
Single Family Residence District
General category
RESIDENTIAL
Zone area
703.72 ac
Source
City Code | City of Shelley
Building & site characteristics
From public records
Lot
0.7 ac
Current owner
From public records · entity-resolved
Drew Hojnacki
Individual
Mailing address
20 N 3167TH E, IDAHO FALLS, ID 83402-5663
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2021
—
Drew Hojnacki
Jennifer Hojnacki
Intrafamily Transfer
related
$327,250 · Mountain America FCU
Feb 2, 2021
—
Brandon Wilde
—
Deed
related
$194,000 · Idaho Central Cu
Nov 13, 2020
—
Brandon Wilde
Brandon W Wilde
Intrafamily Transfer
related
$194,000 · Idaho Central Cu
Sep 8, 2020
—
Brandon W Wilde
Jim Sorensen Murray
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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