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    55 East State St Eagle, ID 83616

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    For Lease
    $32 SF/Yr

    Retail and office spaces available in Eagle's premier mixed-use project.

    Property size:
    14,052 SF
    Lot size:
    14,052 SF

    Property Features for 55 East State St

    General Information

    Size
    14,052 SF

    Source: Ben Kneadler, CCIM Agent Ben Kneadler, CCIM

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

    Overview

    Mixed-Use Property in Eagle, Idaho

    Located at the corner of Eagle Road and Old State Street in Eagle, Idaho, The Hemingway is a mixed-use project featuring restaurant, retail, and office spaces. The top two floors consist of 16 luxury condominiums available for sale. The commercial spaces are built to shell condition and feature abundant windows that provide natural light. On-site open parking is available at the rear of the property, with additional free public parking in nearby off-street lots and along downtown streets. The property is suitable for restaurant and retail shop space. Lease rates for main floor retail are $42-45 per square foot per year NNN, and second-floor office space is available at $32 per square foot per year NNN. Budgeted NNN expenses for 2025 are $5.18 per square foot per year. The property size is 14,052 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Law Firm Realty agency 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
    Eagle
    County
    Ada
    State
    Idaho
    Longitude
    -116.3534781
    Latitude
    43.6951064

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    FAQs

    What type of property is this?
    Retail space - Retail and office spaces available in Eagle's premier mixed-use project.
    Where is this retail space located?
    The property is located at 55 East State St Eagle, ID.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: - Located in Eagle's premier mixed-use project at the high-traffic corner of Eagle Road and Old State Street.; - Features for-sale, luxury condominiums on the top two floors.; - Includes commercial space for restaurants and retail shops.
    (208) 353-2242
    Request Owner's contact information
    55 East State St Eagle, ID 83616
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    Eagle, ID 83616
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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
    55 East State St Eagle, ID 83616
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