Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,215,000
Commercial real estate
7681 Lemhi St Boise, ID 83709-2867
Entity Owned
17-yr Hold
Absentee Owner
Free & Clear
Property ID
US27-1093107
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1992
Total area
27,396 SF
Lot
0.83 ac (36,155 SF)
Zoning code
M-1D
APN
R5135510181
UPID
US27-1093107
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
-
Arrowrock Supply Big Box & Wholesale Store
-
Boise Professional Coating General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$765k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.66M
Blend (final)
Blend
$1.22M
Owner & transaction history
Davis-jones INC · 17 yrs held
Davis-jones INC
since 2008
7 recorded transactions
Zoning & alternative use
M-1D · Boise, ID
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 Boise submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boise 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
$765,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.22M
Range $1.09M – $1.34M · ±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
$44 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$24,816
Tax year 2022
Assessed value
$3,355,300
Assessed 2023
Previous assessed
$2,862,100
+17.2% YoY
Effective rate
0.74%
On assessed value
Assessed land
$231,400
Assessed improvement
$3,123,900
Land market value
$231,400
Improvement market value
$3,123,900
Total market value
$3,355,300
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1992
Heating
NONE
Stories
1
Total area
27,396 SF
Lot
0.83 ac (36,155 SF)
Zoning code
M-1D
APN
R5135510181
UPID
US27-1093107
Jurisdiction
ADA
Zoning & alternative use
M-1D · Boise, ID
Zoning M-1D · permitted uses
M-1D · Boise, ID
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boise. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Heating
NONE
Stories
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
Davis-jones INC
Entity
Free & Clear · 17 yrs held
Mailing address
3184 W ELDER ST, BOISE, ID 83705-4709
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2025
—
Boise Land Company LLC
—
Deed
related
$150,000,000 · Bank Of America NA
Feb 7, 2017
—
Joshnik Lllp
—
Loan Modification
related
$114,000,000 · Zions First Nat'l Bk
Sep 19, 2011
—
Davis-jones INC
—
Grant Deed
related
$34,500,000 · Zions First Nat'l Bk
Nov 21, 2008
—
Davis-jones INC
Fearless Farris Svc Stns INC
Grant Deed
related
—
Jun 7, 2005
—
Farris Svc Stations I Fearless
—
Deed Of Trust
related
$12,540,250 · Zions First National Bank
—
—
Davis-jones INC
—
Deed Of Trust
related
—
—
—
Joshnik Lllp
—
Deed Of Trust
related
—
—
—
Davis-jones INC
—
Deed Of Trust
related
—
—
—
Fearless Farris Svc Stns INC
—
Deed Of Trust
related
$6,812,500 · Zions First National Bank
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?”
You own 7681 Lemhi St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
