Value in commercial real estate is rarely created at the closing table. It's created in how a lease is structured, how a vacancy gets backfilled, and how an asset is underwritten long before it goes to market. We've spent years on the ownership side doing exactly that work — and we bring the same discipline to every assignment we take.
A cap rate is an opinion until someone verifies the rent roll. We verify it.
Lease abstracts, expense recoveries, tenant credit, and a defensible NOI, before a property goes to market or into your portfolio.
Your property
Example figure shown. Replace it with your own.
Operating expenses exclude debt service, capital improvements, and depreciation.
Indicative value
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Same income, different cap rate. This spread is what a well-marketed, well-documented offering negotiates over.
| Property type | Market cap rate | Year over year |
|---|
KZB market view: These are our best current estimates of market cap rates in the Treasure Valley. Actual cap rates vary with the asset, its location and lease terms, and the credit of the tenants.
A broker opinion of value from KZB looks at your actual leases, expense recoveries, tenant credit, and comparable Treasure Valley sales. No cost, no listing agreement.
This is an estimate, not an appraisal or a broker opinion of value. It applies a market-average cap rate to the income figure you entered. It does not account for lease structure, remaining term, rollover risk, tenant credit, deferred maintenance, entitlements, or submarket location, all of which can move value by more than the range shown. Do not rely on it for a purchase, sale, financing, tax, or legal decision.

“KZB was incredible to work with over the last four years, transitioning our family’s wealth from California to Idaho through identifying many off-market investment opportunities.”
John Gambucci, Gambucci Exempt Trust

“Blake helped us expand from 9k sqft into our dream facility here in Meridian. The skill and professionalism he and KZB provided during the process was very helpful.”
Eric Cafferty, Owner, The Mecca Gym

“KZB was a great resource to help us find off-market investment opportunities in Idaho.”
Joe Longa, Investor

“Blake and his team helped us secure a great location for our new start-up brand studio in Garden City.”
Anthony Avalos, Palm Creative
“We came to KZB with one store and a plan to grow. Blake helped us find the right locations and structure the leases to get to five across the Treasure Valley — he understood what our concept needed in a site before we did.”
Jes Lynne, Boise Juice Co.


“Blake, I really appreciated your kindness, professionalism and patience. You’re very good at what you do.”
Stephanie Smith, Coldwell Banker
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