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Office Condo with Monument Signage
New
For Sale
$550,000

10108 West Overland, Boise, ID 83709

The unit is part of a six-building office complex with shared architectural design and on-site parking.

Property Size1,500 SF
Price / SF$366.67
Days on Market2

Property Features for 10108 West Overland

General Information

Standard status Active
Size 1,500 SF
Property subtype Commercial

Property Condition

Severity Repairs Needed
Evidence Needs some TLC.

Amenities

monument signage
Garage: 1 - 5 Spaces
1 - 5 Spaces

Building Details

Year Built 2003
Construction stucco & stone
Listing Agency: Coldwell Banker Tomlinson
Listed By: Rick Mcgraw · License #AB17400
Source: Clearwaterproperties
Added: Oct 20 Changed: Oct 21 Last Checked: Oct 21 at 2:07AM

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

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Investment Insights

Based on property information with market context.

This 1,500-square-foot office condominium was built in 2003 with stucco and stone exterior construction. Monument signage and parking are among the property’s features.

The unit is within Williamsburg Office Complex, a six-building development whose buildings share the same design. The property is located at 10108 West Overland in Boise, Idaho.

Key Highlights

  • 1,500‑square‑foot office condominium
  • Stucco and stone exterior construction
  • Monument signage

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

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Current Use

Metamorphosis Counseling Center: ... Family Counselor Chiropractic Spine Care Alternative Medicine Practice Mrs. Cheryl Baker Counselor Metamorphosis Counseling & Health ... Crisis Center Dr. Micah Randall Alternative Medicine Practice

Suggested Use

Top Pick Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store HVAC Service

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

679
Businesses Nearby

Demographics for 83709, ID

59,461
Population
22,262
Households
2.7
Avg Household Size
38
Median Age
37%
College-Educated
96%
High-School Grad
33.7 sq mi
ZIP Area
1,764
Density / Sq Mi
$88,893
Median Household Income
$48,981
Median Earnings
$1,743
Median Rent
$440,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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 shared architectural design and on-site parking.
Where is this office unit located?
The property is located at 10108 West Overland 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: 1,500‑square‑foot office condominium; Stucco and stone exterior construction; Monument signage
More about this property
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