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Office Condo with Monument Signage

101-10108 W Overland Rd, Boise, ID 83705

For Sale
$550,000

The unit is part of a six-building office complex with stucco and stone construction.

Property Size1,500 SF
Price / SF$366.67
Days on Market27

Property Features for 101-10108 W Overland Rd

General Information

Standard status Active
Size 1,500 SF

Property Condition

Severity Repairs Needed
Evidence Needs some TLC.

Site & Location

Neighborhood South Boise Village

Additional Details

Condition Needs Renovation
Property Use Office

Amenities

monument signage

Building Details

Construction stucco & stone
Listing Agency: Coldwell Banker Tomlinson
Listed By: Rick Mcgraw · License ID AB17400
Source: Exprealty
Added: Oct 19 Changed: Nov 12 Last Checked: Nov 12 at 2:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Tomlinson

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office condominium is located within Williamsburg Office Complex, a six-building development where each building shares the same design. The exterior combines stucco and stone, and monument signage is present at the property. Parking is also available for the complex.

Key Highlights

  • Office condominium in Williamsburg Office Complex
  • Six‑building complex with consistent building design
  • Stucco and stone exterior construction

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,318
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$406,360 $406.4K
Cap Rate 7%
$290,257 $290.3K
Cap Rate 9%
$225,756 $225.8K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$31.5K $21.00/SF
− Vacancy
−$4.4K −$2.94/SF
EGI
$27.1K $18.06/SF
− OpEx
−$6.8K −$4.52/SF
NOI
$20.3K $13.54/SF
Area
Ada County, ID
Vacancy
14.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$406,360
Cap Rate 7%
$290,257
Cap Rate 9%
$225,756

Alternative Uses

Best Use
Office B
$290.3K
$254.0K – $338.6K (±1% cap)
NOI $20,318 @ 7.0% cap · market cap 3.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$414.3K
$362.5K – $483.3K (±1% cap)
NOI $28,998 @ 7.0% cap · market cap 5.27%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm HVAC Service Computer & Electronic Repair Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,100
Businesses Nearby

Demographics for 83705, ID

27,756
Population
13,228
Households
2.1
Avg Household Size
35
Median Age
38%
College-Educated
93%
High-School Grad
16.2 sq mi
ZIP Area
1,713
Density / Sq Mi
$62,605
Median Household Income
$37,283
Median Earnings
$1,166
Median Rent
$378,800
Median Home Value

Market

Average Price Trend$/SF for Office Units in Boise, ID

$281 Jul
$254 Aug
$237 Sep
$255 Oct

Properties on Market for Office Units in Boise

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Boise, ID

7.5% 2020
5.8% 2021
8.8% 2022
11.1% 2023
10.6% 2024
11.5% 2025

Frequently Asked Questions

What type of property is this?
Office unit - The unit is part of a six-building office complex with stucco and stone construction.
Where is this office unit located?
The property is located at 101-10108 W Overland Rd Boise, ID.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Office condominium in Williamsburg Office Complex; Six‑building complex with consistent building design; Stucco and stone exterior construction
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Includes: Price & PSF · Cap rate · Location · Zoning

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