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Property profile & analytics
FOR LEASE
Outlet malls
3656 Industrial Rd Homedale, ID 83628
Entity Owned
Absentee Owner
Free & Clear
Property ID
US27-0478743
For Lease
1 / 8
$7.80 SF/Yr
3656 Industrial Rd, Homedale, ID 83628
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Property summary
AI-generated overview
This exceptional 60,000 square foot industrial property, located at 3656 Industrial Rd, Homedale, ID 83628, offers a unique blend of refrigerated/cold storage, flex space, and distribution capabilities, making it ideal for a variety of businesses. Built in 2007, this multi-use zoned facility sits on a generous 5.55-acre lot (APN: RP03N05W108603) and is situated in the Homedale submarket. The property is currently available for lease with a minimum divisible space of 14,000 square feet and a maximum contiguous space of 21,000 square feet. The property's versatile design caters to businesses requiring temperature-controlled storage, along with ample outdoor yard space for additional operations or storage needs. This rare opportunity presents a significant advantage for companies seeking specialized storage solutions in the Homedale area. The property's multi-use zoning provides flexibility for various business types, ensuring a long-term investment potential. Don't miss this chance to secure a prime industrial space in a thriving Idaho community.
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2007
Total area
5,000 SF
Lot
5.55 ac (241,671 SF)
APN
RP03N05W108603
UPID
US27-0478743
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
-
Helena Chemical Chemical Plant Agricultural Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$615k
Blend (final)
Blend
$610k
Owner & transaction history
HELENA AGRI ENTERPRISES LLC
HELENA AGRI ENTERPRISES LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$805,000
+109.6%
Restaurant
$710,000
+85.0%
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 Homedale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Homedale 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$385,000
Current use
COMMERCIAL (GENERAL)
$805,000
Change: +110% · Conversion: Easy
RESTAURANT
$710,000
Change: +85% · Conversion: Easy
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$122 / 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
$4,256
Tax year 2023
Assessed value
$654,947
Assessed 2023
Previous assessed
$669,067
-2.1% YoY
Effective rate
0.65%
On assessed value
Assessed land
$13,332
Assessed improvement
$641,615
Land market value
$13,332
Improvement market value
$641,615
Total market value
$654,947
Applied tax rate
30,000.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
For Lease
Year built
2007
Buildings
2
Total area
5,000 SF
Lot
5.55 ac (241,671 SF)
APN
RP03N05W108603
UPID
US27-0478743
Jurisdiction
OWYHEE
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
RETAIL STORES Current
Est. value
$385,000
COMMERCIAL (GENERAL)
Est. value
$805,000
RESTAURANT
Est. value
$710,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
RESTAURANT
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
2007
Buildings
2
Lot
5.55 ac
Current owner
From public records · entity-resolved
HELENA AGRI ENTERPRISES LLC
Entity
Free & Clear · 0 yrs held
Mailing address
225 SCHILLING BLVD STE #300, COLLIERVILLE, TN 38017-7177
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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