Warm Shell Office/Retail
For Sale
$475,000
12590 W State St, Star, ID 83669
Newly planned retail and office condo opportunity with warm shell buildout including an office, bathroom, and water service.
Property Size1,266 SF
Price / SF$375.20
Days on Market148
Property Features for 12590 W State St
General Information
Standard status
Active
Size
1,266 SF
Property subtype
Commercial
Amenities
Lot Features: Sm Lot 5999 SF, Lawn Sprinklers, Lot Size Acres: 0.01, Lot Size Area: 0.01, Lot Size Square Feet: 435.6, Lot Size Units: Acres
Tax Legal Description: TBD- A portion of Stonecrest West Business Condo
Flooring: Concrete, Wood
Cooling: Central Air, Cooling YN: t
Heating: Electric, Natural Gas, Heating YN: t
Business Name: STONECREST WEST BLDG, Business Type: Commercial, Listing Id: 98987796, Listing Terms: Cash, Consider All, Conventional, 1031 Exchange, List Price: 475000, Mls Status: Active, 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: 1266, Building Area Units: Square Feet, Building Features: Lighting, Building Name: Stonecrest West, Construction Materials: Frame, Stucco, Metal Siding, Wood Siding, Living Area: 1266, Living Area Units: Square Feet, New Construction YN: t
City: Star, Coordinates: -116.5108888, 43.69266413, Country: US, County Or Parish: Ada, Directions: Just Southwest of the Dutch Bros on State ST in Star., Latitude: 43.69266413, Longitude: -116.5108888, Postal Code: 83669, State Or Province: ID, Street Dir Prefix: W, Street Name: State St, Street Number: 12590, Street Number Numeric: 12590, Unparsed Address: 12590 W State St, Star ID 83669
Farm Land Area Units: Square Feet, Leasable Area Units: Square Feet, Parcel Number: R8180750970, Possible Use: Land Suitable(Office), Health Care Suitable(Acute Care Hospital), Industrial Suitable(Condo, Flex Space), Office Suitable(Medical Office, Business Park, Condo, Creative/Loft, Office Building, R&D), Retail Suitable(Restaurant/Bar, Anchor, Business Park, Free Standing Building, Post Office, Retail Pad, Street Retail), Shopping Center Suitable(Neighborhood Center, Specialty Center), Sport/Entertainment Suitable(Golf Related, Theatre/Performing), Property Type: Commercial Sale, Road Surface Type: Paved
Electric: 110 Volt, Utilities: Sewer Connected
Water Source: City Service
Accessibility Features: Handicap Access
Exterior Features: Paved Outside Area
Listing Agency:
First Service Group Real Est.
(208) 343-9393
Listed By:
Christopher Todd · License #42015
(208) 899-0451
Source:
Thgboise
Added: May 27
Changed: Oct 21
Last Checked: Oct 20 at 11:11PM
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 First Service Group Real Est.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Stonecrest West Commercial is currently in the design phase, with construction anticipated to commence Summer 2026. The project is offering commercial and retail condo opportunities ranging from approximately 1,266 to 5,000 square feet.
This available unit is priced to include a warm shell finish, with one office, bathroom, and water service. That base build provides a foundation for owners to customize the space to fit their business needs.
The property is located at 12590 W State St, Star, ID 83669.
This available unit is priced to include a warm shell finish, with one office, bathroom, and water service. That base build provides a foundation for owners to customize the space to fit their business needs.
The property is located at 12590 W State St, Star, ID 83669.
Key Highlights
- Stonecrest West Commercial is in the design phase, with construction anticipated to commence Summer 2026.
- Retail and office condo spaces available from approximately 1,266 to 5,000 SF.
- Pricing includes a warm shell finish for each unit.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,148
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,960
$343.0K
Cap Rate 7%
$244,971
$245.0K
Cap Rate 9%
$190,533
$190.5K
Market Conditions
NOI Build-Up for 1,266 SF
Gross rent
$26.6K $21.00/SF
− Vacancy
−$3.7K −$2.94/SF
EGI
$22.9K $18.06/SF
− OpEx
−$5.7K −$4.52/SF
NOI
$17.1K $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%
$342,960
Cap Rate 7%
$244,971
Cap Rate 9%
$190,533
Alternative Uses
Best Use
Office B
$245.0K
$214.4K – $285.8K
NOI $17,148 @ 7.0% cap · market cap 3.61%
Second Best
Retail
$229.2K
$200.6K – $267.4K
NOI $16,046 @ 7.0% cap · market cap 3.38%
Theoretical Best
Office A
$349.6K
$305.9K – $407.9K
NOI $24,474 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
137
Businesses Nearby
Explore this area
Business Placement
Demographics for 83669, ID
13,647
Population
5,608
Households
2.4
Avg Household Size
42
Median Age
32%
College-Educated
98%
High-School Grad
22.0 sq mi
ZIP Area
620
Density / Sq Mi
$98,768
Median Household Income
$42,123
Median Earnings
$1,633
Median Rent
$535,500
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Retail space - Newly planned retail and office condo opportunity with warm shell buildout including an office, bathroom, and water service.
Where is this retail space located?
The property is located at 12590 W State St Star, ID.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Stonecrest West Commercial is in the design phase, with construction anticipated to commence Summer 2026.; Retail and office condo spaces available from approximately 1,266 to 5,000 SF.; Pricing includes a warm shell finish for each unit.
