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Property profile & analytics
OFF-MARKET
Drive through restaurants
804 16th Ave Lewiston, ID 83501-3734
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US27-0541174
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1987
Total area
1,597 SF
Lot
0.32 ac (13,939 SF)
Zoning code
C3
APN
RPL1360020006A
UPID
US27-0541174
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
-
Zip's Drive In Restaurant Take-out & Catering
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
Ltown Holdings LLC · 4 yrs held
Ltown Holdings LLC
since 2022
2 recorded transactions
Zoning & alternative use
C3 · Lewiston, ID
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide for development of commercial and service uses designed to serve community wide needs such areas shall provide for uses which because of size, operating characteristics, or need for major street accessibility, may not be suitable in the central business district or local commercial areas
Zone name
Community Commercial Zone
General category
COMMERCIAL
Zone area
218.41 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 Lewiston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lewiston 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 2023Property tax & assessments
Tax year 2023
Tax billed
$6,168
Tax year 2023
Assessed value
$407,665
Assessed 2024
Previous assessed
$401,913
+1.4% YoY
Effective rate
1.51%
On assessed value
Assessed land
$177,965
Assessed improvement
$229,700
Land market value
$177,965
Improvement market value
$229,700
Total market value
$407,665
Applied tax rate
10,000.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1987
Stories
1
Total area
1,597 SF
Lot
0.32 ac (13,939 SF)
Zoning code
C3
APN
RPL1360020006A
UPID
US27-0541174
Jurisdiction
NEZ PERCE
Zoning & alternative use
C3 · Lewiston, IDZoning C3 · permitted uses
C3 · Lewiston, ID
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To provide for development of commercial and service uses designed to serve community wide needs such areas shall provide for uses which because of size, operating characteristics, or need for major street accessibility, may not be suitable in the central business district or local commercial areas
Zone name
Community Commercial Zone
General category
COMMERCIAL
Zone area
218.41 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1987
Stories
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Ltown Holdings LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1645 E SELTICE WAY, POST FALLS, ID 83854-7007
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
May 20, 2022
—
Ltown Holdings LLC
Southway L1 Holdings LLC
Quit Claim Deed
related
—
Mar 13, 2018
—
L1 Holdings LLC
Zips L1 LLC
Quit Claim Deed
related
—
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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