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Property profile & analytics
OFF-MARKET
Commercial real estate
456 Ctr St Shelley, ID 83274-1311
Entity Owned
1-yr Hold
Free & Clear
Property ID
US27-0584706
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.19 ac (8,059 SF)
Zoning code
HC
APN
RP2092211
UPID
US27-0584706
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
Morehead Series LLC Series 9 · 1 yrs held
Morehead Series LLC Series 9
since 2025
2 recorded transactions
Zoning & alternative use
HC · Shelley, ID
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the HC District is to provide for the location and development of businesses and service establishments which are incompatible with the CB District in that they involve enterprises which depend primarily on motorized vehicular traffic and require outside activities, relatively large lot sizes and easy highway access. These districts are normal…
Zone name
Heavy Commercial District
General category
COMMERCIAL
Zone area
88.32 ac
Source
Realmo
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
$9,822
Tax year 2024
Assessed value
$576,000
Assessed 2024
Previous assessed
$262,000
+119.8% YoY
Effective rate
1.71%
On assessed value
Assessed land
$60,000
Assessed improvement
$516,000
Land market value
$60,000
Improvement market value
$516,000
Total market value
$576,000
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
0.19 ac (8,059 SF)
Zoning code
HC
APN
RP2092211
UPID
US27-0584706
Jurisdiction
BINGHAM
Zoning & alternative use
HC · Shelley, IDZoning HC · permitted uses
HC · Shelley, ID
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the HC District is to provide for the location and development of businesses and service establishments which are incompatible with the CB District in that they involve enterprises which depend primarily on motorized vehicular traffic and require outside activities, relatively large lot sizes and easy highway access. These districts are normally located along highways leading into the City and are characterized by buildings set well back from the right of way
Zone name
Heavy Commercial District
General category
COMMERCIAL
Zone area
88.32 ac
Source
Realmo
Building & site characteristics
From public records
Lot
0.19 ac
Current owner
From public records · entity-resolved
Morehead Series LLC Series 9
Entity
Free & Clear · 1 yrs held
Mailing address
3630 E SAGE VW LN APT #2, KIMBERLY, ID 83341-1613
Mailing matches property
Yes
Owner-occupied
Yes
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2025
—
Morehead Series LLC Series 9
Robert Morehead
Deed
related
—
Jul 29, 2021
—
Justin Chandler Smith
Tds Properties LLC
Warranty Deed
$667,683 · Idaho Central 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.
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