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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Warehouses
3946 Professional Way Idaho Falls, ID 83402-7302
Entity Owned
Absentee Owner
Free & Clear
Property ID
US27-0326879
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2016
Total area
12,382 SF
Lot
1.59 ac (69,304 SF)
APN
RPO7990001008O
UPID
US27-0326879
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
$950k
Comparable Approach
Comparable
$946k
Blend (final)
Blend
$950k
Owner & transaction history
Lighthouse Investment Properties Ll
Lighthouse Investment Properties Ll
since 2025
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+64.6%
Office building
$785,000
+20.6%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,030,000
6.5%
$950,000
7%
$885,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$650,000
Current use
RESTAURANT
$1,070,000
Change: +65% · Conversion: Difficult
OFFICE BUILDING
$785,000
Change: +21% · Conversion: Difficult
AUTO REPAIR, GARAGE
$640,000
Change: -2% · Conversion: Easy
MEDICAL BUILDING
$630,000
Change: -4% · Conversion: Difficult
RETAIL STORES
$625,000
Change: -4% · Conversion: Moderate
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±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
$77 / 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
$4,130
Tax year 2024
Assessed value
$857,985
Assessed 2024
Previous assessed
$857,985
+0.0% YoY
Effective rate
0.48%
On assessed value
Assessed land
$110,886
Assessed improvement
$747,099
Land market value
$110,886
Improvement market value
$747,099
Total market value
$857,985
Applied tax rate
11.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2016
Heating
NONE
Total area
12,382 SF
Lot
1.59 ac (69,304 SF)
APN
RPO7990001008O
UPID
US27-0326879
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
WAREHOUSE, STORAGE Current
Est. value
$650,000
RESTAURANT
Est. value
$1.1M
OFFICE BUILDING
Est. value
$785,000
AUTO REPAIR, GARAGE
Est. value
$640,000
MEDICAL BUILDING
Est. value
$630,000
RETAIL STORES
Est. value
$625,000
WAREHOUSE, STORAGE Current
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
2016
Heating
NONE
Lot
1.59 ac
Current owner
From public records · entity-resolved
Lighthouse Investment Properties Ll
Entity
Free & Clear · 0 yrs held
Mailing address
232 CALISTOGA DR, IDAHO FALLS, ID 83404-4923
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2025
—
Lighthouse Investment Properties Ll
Keystone Assets Id LLC
Grant Deed
—
Jan 19, 2021
—
Keystone Assets Id LLC
—
Deed
related
$755,000 · Westmark Credit Union
May 31, 2017
—
Btb Enterprises LLC
Cahnces Are LLC
Warranty Deed
$650,000 · Pioneer Title Company
Apr 12, 2017
—
Chances Are LLC
Sunnyside Industrial And Profession
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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