Versatile Flex Building on
11505 W Fairview Ave, Boise, ID 83713
For Sale
Contact for pricing
Flex building with retail frontage, loading, and flexible zoning.
Property Size20,050 SF
Price / SF$167.08
Days on Market277
Property Features for 11505 W Fairview Ave
General Information
Standard status
Size
Class
Property subtype
Zoning
Investment Type
Site & Location
Neighborhood
Building Details
Year Built
Year Renovated
Buildings
Stories
Listing Agency:
Lee & Associates - Boise
Listed By:
Trey Thomas · License ID SP51767
(208) 340-3697
Source:
Crexi
Added: Feb 9
Changed: Nov 8
Last Checked: Nov 12 at 8:33AM
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 Lee & Associates - Boise
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex building is positioned along a heavily traveled corridor in Boise. The property offers a combination of retail frontage, functional loading, and flexible zoning. It is suited for a range of owner-user or investor strategies. The property features Fairview Avenue exposure with traffic, paired with loading capabilities. The building includes two grade-level doors and one dock-high door, allowing for accommodation of distribution, service, showroom, or hybrid retail/industrial uses. The property size is 20050 square feet.
Key Highlights
- Prominent Fairview Avenue exposure with strong daily traffic counts.
- Flexible zoning ideal for a wide range of owner‑user or investor strategies.
- Rare combination of retail frontage and functional loading.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$254,129
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,082,580
$5.1M
Cap Rate 7%
$3,630,414
$3.6M
Cap Rate 9%
$2,823,656
$2.8M
Market Conditions
NOI Build-Up for 20,050 SF
Gross rent
$380.1K $18.96/SF
− Vacancy
−$17.1K −$0.85/SF
EGI
$363.0K $18.11/SF
− OpEx
−$108.9K −$5.43/SF
NOI
$254.1K $12.67/SF
Area
Ada County, ID
Vacancy
4.50%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,082,580
Cap Rate 7%
$3,630,414
Cap Rate 9%
$2,823,656
Alternative Uses
Best Use
Retail
$3.63M
$3.18M – $4.24M
NOI $254,129 @ 7.0% cap · market cap 7.59%
Second Best
Mixed Use
$3.58M
$3.13M – $4.17M
NOI $250,374 @ 7.0% cap · market cap 7.47%
Theoretical Best
Office A
$5.54M
$4.85M – $6.46M
NOI $387,607 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
569
Businesses Nearby
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Business Placement
Demographics for 83713, ID
30,056
Population
12,019
Households
2.5
Avg Household Size
38
Median Age
42%
College-Educated
96%
High-School Grad
6.6 sq mi
ZIP Area
4,554
Density / Sq Mi
$86,419
Median Household Income
$45,276
Median Earnings
$1,716
Median Rent
$421,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Mixed-use properties in Boise
Vacancy Rate% for Industrial in Boise, ID
Frequently Asked Questions
What type of property is this?
Mixed-use property - Flex building with retail frontage, loading, and flexible zoning.
Where is this mixed-use property located?
The property is located at 11505 W Fairview Ave Boise, ID.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: Prominent Fairview Avenue exposure with strong daily traffic counts.; Flexible zoning ideal for a wide range of owner‑user or investor strategies.; Rare combination of retail frontage and functional loading.
