Warm Shell Office/Retail
12590 W State St Star, ID 83669
12590 W State St, Star, ID, 83669
$475,000
For Sale
$475,000
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 Market58
Property Features for 12590 W State St
General Information
- Standard status
- Active
- Size
- 1,266 SF
- Property subtype
- Commercial
Listing agency
First Service Group Real Est.
(208) 899-0451
Listed by
Christopher Todd · License #42015
(208) 899-0451
Source
Thgboise
Added: May 27 Updated: Jul 22 at 10:04PM Checked: Jul 23 at 5:41AM
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.
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.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.6k | $21.00 |
| − Vacancy | −$3.7k | −$2.94 |
| EGI | $22.9k | $18.06 |
| − OpEx | −$5.7k | −$4.52 |
| NOI | $17.1k | $13.54 |
1,266 SF · lease $21.00/SF/yr · vacancy 14.00% · expense 25.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
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.
