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    The Largest CRE Database in the US with Over 1 Million Listings

    4105 N Adams St Garden City, ID 83714

    Sponsored
    For Lease
    $95,040

    COMMERCIAL - Garden City, ID

    Property size:
    5,280 SF
    Lot size:
    0.21 Acres
    Days on Market:
    239
    Last Refresh:
    Feb 5 at 10:06 pm

    Property Features for 4105 N Adams St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    R2734501571
    Size
    5,280 SF
    Lot size
    0.21 Acres

    Utilities

    Cooling system
    Wall/Window Unit(s), Window Unit(s)

    Building Details

    Number of units
    4
    Flooring type
    Concrete
    Building materials
    Concrete, Masonry

    We can help!

    Listing Contact
    Chelsea Hough

    Keller Williams Realty Boise (208) 672-9000

    Listing agent Chelsea Hough (208) 921-1309 License #SP35400

    Listing date Jun 12, 2025

    MLS# 98950346

    Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Garden City Commercial Space Available

    This commercial space in Garden City, Idaho, features a current floor plan that includes a reception area, an open office or showroom, and a private restroom. The space showcases modern industrial aesthetics within the open office or showroom area. The property benefits from high visibility, situated on a corner lot at the intersection of Adams Street and 41st Street, and is also visible from Veterans Memorial Parkway, which sees approximately 23,173 vehicles per day. Ample on-site parking is available, providing 9 parking spaces for employees or customers, which equates to 4 parking spaces per 1,000 square feet. The property is closely located near the new Boardwalk Apartment development, the Boise Greenbelt, and Veterans Memorial Park. Nearby establishments include Cinder Wines, Telaya Wines, Sturman's, Answer Charter School, and a variety of repair, maintenance, and industrial services. The lot size is 0.21 acres and the property size is 5,280 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Garden City
    County
    Ada
    State
    Idaho
    Longitude
    -116.245781
    Latitude
    43.633234

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    FAQs

    What type of property is this?
    Office space - Visible corner lot near Boise Greenbelt and Veterans Memorial Park.
    Where is this office space located?
    The property is located at 4105 N Adams St Garden City, ID.
    What are key features of this property?
    This property features: - High Visibility Corner Lot: Located at the intersection of Adams St and 41st St, visible from Veterans Memorial Parkway with high daily traffic.; - Ample On-Site Parking: Provides 9 parking spaces.; - Modern Industrial Aesthetics: Features a modern industrial design within the open office/showroom space.
    (208) 672-9000
    Request Owner's contact information
    4105 N Adams St Garden City, ID 83714
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    Garden City, ID 83714
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4105 N Adams St Garden City, ID 83714
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    We can help!
    Listing Contact
    Chelsea Hough
    Real Estate License ID: SP35400
    (208) 672-9000
    Learn more
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