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    51 N Union St Star, ID 83669

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    For Sale
    $3,213,000

    New construction retail property with high growth potential in Star.

    Property size:
    3,940 SF

    Property Features for 51 N Union St

    General Information

    Size
    3,940 SF

    Building Details

    Year built
    2024

    Source: Mike Erkmann, CCIM Agent Mike Erkmann, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Retail Property in Star

    Located on Hwy 44 and N. Union Street in Star, Idaho, this property benefits from high exposure and easy access as a primary East/West corridor through the city. Constructed in 2024, the property features new 10-year leases. The property functions as a single tenant property with common ownership and a single point of contact for lease administration, resulting in minimal landlord responsibilities. The location offers strong brand recognition and a predicted 3-year growth rate of 45% in Star, Idaho. The property contains 3,940 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mountain Mike's Pizza Pizza Restaurant Jersey Mike's Subs Caterer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Star
    County
    Ada
    State
    Idaho
    Longitude
    -116.4957321
    Latitude
    43.692614

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    FAQs

    What type of property is this?
    NNN property - New construction retail property with high growth potential in Star.
    Where is this nnn property located?
    The property is located at 51 N Union St Star, ID.
    What is the asking price?
    The asking price for this property is $3,213,000.
    What are key features of this property?
    This property features: - Predicted 45% growth rate in 3 years in Star, Idaho.; - NNN Lease investment with minimal landlord responsibilities.; - **New construction (2024) with 10-year leases.**
    (208) 629-6003
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    51 N Union St Star, ID 83669
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    Star, ID 83669
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    Realmo Value Estimation

    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.

    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.

    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
    51 N Union St Star, ID 83669
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