Office Unit in Stucco and Stone
New
For Sale
$550,000
10108 West Overland Unit 101, Boise, ID 83709
A 2003 office condominium offers monument signage and parking within a six-building complex.
Property Size1,500 SF
Price / SF$366.67
Days on Market5
Property Features for 10108 West Overland Unit 101
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Commercial
Property Condition
Severity
Repairs Needed
Evidence
Needs some TLC.
Site & Location
Neighborhood
Southwest Ada County Alliance
Amenities
monument signage
Lot Features: On City Bus Route, Lot Size Acres: 69, Lot Size Area: 69, Lot Size Square Feet: 3005640, Lot Size Units: Acres
Fencing: None
Tax Legal Description: Unit 01 Bldg 06 Williamsburg Condo
Flooring: Wood
Cooling: Central Air, Cooling YN: t
Heating: Forced Air, Natural Gas, Heating YN: t
Business Type: Professional/Office, Listing Id: 99004078, Listing Service: Full Service, Listing Terms: Cash, List Price: 550000, Mls Status: Active, Number Of Units Total: 1, Standard Status: Active
Parking Features: 1 - 5 Spaces
Above Grade Finished Area Units: Square Feet, Below Grade Finished Area Units: Square Feet, Building Area Total: 1500, Building Area Units: Square Feet, Building Name: Boise Office Condo, Construction Materials: Stucco, Stone, Living Area: 1500, Living Area Units: Square Feet, Stories: 1, Year Built: 2003
City: Boise, Coordinates: -116.308564, 43.591288, Country: US, County Or Parish: Ada, Latitude: 43.591288, Longitude: -116.308564, Postal Code: 83709, State Or Province: ID, Street Name: West Overland, Street Number: 10108, Street Number Numeric: 10108, Unit Number: 101, Unparsed Address: 10108 West Overland # 101, Boise ID 83709
Farm Land Area Units: Square Feet, Leasable Area: 1500, Leasable Area Units: Square Feet, Parcel Number: R9435120120, Possible Use: Office Suitable(Business Park, Condo), Property Type: Commercial Sale, Road Surface Type: Paved
Electric: 110 Volt, Utilities: Sewer Connected, Natural Gas Available, Propane
Water Source: City Service
Accessibility Features: Handicap Access
Exterior Features: Paved Outside Area
Building Details
Year Built
2003
Construction
stucco & stone
Listing Agency:
Coldwell Banker Tomlinson
(208) 336-3393
Listed By:
Rick Mcgraw · License #AB17400
(208) 880-8889
Source:
Thgboise
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 23 at 8:11AM
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 is located in a six-building complex with matching designs. Stucco and stone construction, monument signage, and parking are among the property’s established features. The unit was built in 2003 and requires some work before occupancy.
Key Highlights
- 1,500‑square‑foot office condominium
- Constructed in 2003
- 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
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
NOI $28,998 @ 7.0% cap · market cap 5.27%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
679
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Boise, ID
Frequently Asked Questions
What type of property is this?
Office unit - A 2003 office condominium offers monument signage and parking within a six-building complex.
Where is this office unit located?
The property is located at 10108 West Overland Unit 101 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; Constructed in 2003; Stucco and stone exterior construction
