Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    High-Visibility Mixed-Use Land in Star Title is generated by Realmo AI

    12080 W State Street, Star, ID 83669

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime location in Star, ideal for various commercial uses.

    Type:Retail
    Property size:
    1 SF
    Added:
    Nov 21, 2025
    Days on Market:
    182
    Last Refresh:
    Apr 6 at 1:09 am

    Property Features for 12080 W State Street

    General Information

    Standard status
    Active
    Size
    1 SF
    Property subtype
    Retail

    Spaces For Lease

    at 12080 W State Street Contact us

    We can help!

    Listing Contact
    Holly Chetwood, CCIM
    Holly Chetwood, CCIM

    Listing agent Holly Chetwood, CCIM License #SP39024

    Listing office TOK Commercial - Boise

    Listing date Nov 21, 2025

    Source Tokcommercial

    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 TOK Commercial - Boise

    HighLights

    • Prime location in Star adjacent to new Albertsons.
    • Located in the heart of the city’s growth corridor with strong traffic and convenient access.
    • Flexible mixed‑use zoning allows for retail, restaurants, medical services, fitness studios, schools, or community facilities.
    • Ample parking available for tenants and customers.
    • Excellent signage opportunities to maximize visibility.
    • Anchor opportunities available.

    Overview

    This high-visibility property is located in Star, off W State Street and near North Star Road, placing businesses in the heart of the city’s growth corridor. The location ensures strong traffic, convenient access, and a built-in customer base. Zoned for mixed-use, the property is suitable for a variety of uses, including retail shops, restaurants, medical services, fitness studios, schools, or community facilities. The location is in the path of growth and offers anchor opportunities. It is adjacent to a new Albertsons. The property offers the visibility and versatility needed to succeed. Tenants will benefit from ample parking and excellent signage opportunities. The location provides synergy with neighboring national and local retailers, offering a place in a premier retail center within one of the Treasure Valley’s fastest-growing markets. The property size is 1 acre.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Star
    County
    Ada
    State
    Idaho
    Longitude
    -116.505
    Latitude
    43.693

    Nearby Similar for Lease

    • Contact for pricing
      1,100 SF

      Office and Retail Space Available

      Single tenant office and retail space for rent.
      12545 W State St Suite #101, Star, ID 83669
      View Details
    • Contact for pricing
      12,500 SF

      Star Retail Development Opportunity

      New retail development in Star with pad sites available.
      8874 State St, Star, ID
      View Details
    • $40 SF/Yr
      14,661 SF

      Norterra & Bounty Retail/Office Space

      Proposed retail/office buildings in high-visibility Star location.
      12388 W Bounty Ln, Star, ID
      View Details
    • $40 SF/Yr
      12,946 SF

      Retail/Office Space in Star, ID

      New retail/office buildings in high-visibility Star location.
      12296 W Bounty Ln, Star, ID
      View Details
    • Contact for pricing

      Retail Project in Star, Idaho

      22-acre retail project with shop space and ground lease options.
      11646 W State St, Star, ID 83669
      View Details
    • Contact for pricing

      Prime Corner Land in Star

      High-visibility corner lot in Star, ideal for retail.
      342 S Calhoun Pl, Star, ID 83669
      View Details
    • Contact for pricing

      Highway Frontage Commercial Land

      Commercial land with highway frontage and future development potential.
      NEC Highway 44 & Highway 16, Star, ID 83616
      View Details

    FAQs

    What type of property is this?
    Commercial land - Prime location in Star, ideal for various commercial uses.
    Where is this commercial land located?
    The property is located at 12080 W State Street Star, ID.
    What are key features of this property?
    This property features: Prime location in Star adjacent to new Albertsons.; Located in the heart of the city’s growth corridor with strong traffic and convenient access.; Flexible mixed‑use zoning allows for retail, restaurants, medical services, fitness studios, schools, or community facilities.
    (208) 947-0827
    We can help!
    Listing Contact
    Holly Chetwood, CCIM
    Holly Chetwood, CCIM
    Real Estate License ID: SP39024
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    12080 W. State Street, Star, ID 83669
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!