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Property profile & analytics
OFF-MARKET
Estimated value
$820,000
Commercial real estate
818 10th St, Boise, ID 83702-5422
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US27-1076008
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1900
Total area
12,028 SF
Lot
0.28 ac (12,197 SF)
Zoning code
L-OHD/CD
APN
R1013005500
UPID
US27-1076008
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
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$820k
Owner & transaction history
Standard Insurance Company · 2 yrs held
Standard Insurance Company
since 2023
6 recorded transactions
Zoning & alternative use
L-OHD/CD · 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
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$820k
Range $738k – $902k · ±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
$68 / 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
$19,925
Tax year 2022
Assessed value
$2,466,500
Assessed 2023
Previous assessed
$2,466,500
+0.0% YoY
Effective rate
0.81%
On assessed value
Assessed land
$561,100
Assessed improvement
$1,905,400
Land market value
$561,100
Improvement market value
$1,905,400
Total market value
$2,466,500
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
1900
Heating
NONE
Stories
2
Units
18
Total area
12,028 SF
Lot
0.28 ac (12,197 SF)
Zoning code
L-OHD/CD
APN
R1013005500
UPID
US27-1076008
Jurisdiction
ADA
Zoning & alternative use
L-OHD/CD · Boise, ID
Zoning L-OHD/CD · permitted uses
L-OHD/CD · 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
1900
Heating
NONE
Stories
2
Units
18
Lot
0.28 ac
Current owner
From public records · entity-resolved
Standard Insurance Company
Entity
Mailing address
PO BOX 6093RD BOISE, BOISE
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2023
—
Standard Insurance Company
Jones Apartments LLC
Assignment Of Deed
$1,974,000 · Standard Insurance Co
Apr 15, 2019
—
Jones Apartments LLC
Jones,robert P
Quit Claim Deed
related
—
Jan 29, 2019
—
Robert P Jones
Jones Vera L
Quit Claim Deed
related
$225,000 · First Interstate Bk
Jul 7, 2008
—
Robert P Jones
Jones,robert P & Lejeanne
Quit Claim Deed
related
—
—
—
Robert P Jones
—
Deed Of Trust
related
$150,000 · Bank Of The Cascades
—
—
Robert P Jones
—
Deed Of Trust
related
$50,000 · Bank Of The Cascades
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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