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Boise Land Development Opportunity
For Sale
$3,970,000

1387 S Eagle Flight Way, Boise, ID 83709

1.09-acre land parcel suitable for office development in Boise.

Property Size14,434 SF
Lot Size1.09 Acres
Days on Market197

Property Features for 1387 S Eagle Flight Way

General Information

Standard status Active
Size 14,434 SF
Lot size 1.09 Acres
Property subtype Office

Building Details

Building Size 14,434 SF
Year Built 2001
Listing Agency: TOK Commercial
Listed By: Peter Oliver, SIOR, CCIM · License #SP18349
Source: Tokcommercial
Added: Mar 27 Changed: Oct 1 Last Checked: Oct 7 at 10:34AM

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

Investment Insights

Based on property information with market context.

This 1.09-acre parcel of excess land is available for sale, presenting a development opportunity for modern office space in Boise, Idaho. The property features a central location with visibility and accessibility to major thoroughfares. Situated with access to I-84, the I-184 Connector, and downtown Boise, Whitetail Place provides a dynamic environment. The location offers proximity to restaurants and professional services. The property, with a size of 14434 square feet, is located at 1387 S Eagle Flight Way, Boise, ID 83709.

Key Highlights

  • 1.09‑acre land parcel ideal for development.
  • Prime central location in Boise, Idaho.
  • Excellent visibility and easy access to major thoroughfares.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$195,509
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,910,180 $3.9M
Cap Rate 7%
$2,792,986 $2.8M
Cap Rate 9%
$2,172,322 $2.2M
Market Conditions
NOI Build-Up for 14,434 SF
Gross rent
$303.1K $21.00/SF
− Vacancy
−$42.4K −$2.94/SF
EGI
$260.7K $18.06/SF
− OpEx
−$65.2K −$4.52/SF
NOI
$195.5K $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%
$3,910,180
Cap Rate 7%
$2,792,986
Cap Rate 9%
$2,172,322

Alternative Uses

Best Use
Office B
$2.79M
$2.44M – $3.26M (±1% cap)
NOI $195,509 @ 7.0% cap · market cap 4.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.99M
$3.49M – $4.65M (±1% cap)
NOI $279,038 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Repair Shop HVAC Service Electrical Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

806
Businesses Nearby

Demographics for 83709, ID

59,461
Population
22,262
Households
2.7
Avg Household Size
38
Median Age
37%
College-Educated
96%
High-School Grad
33.7 sq mi
ZIP Area
1,764
Density / Sq Mi
$88,893
Median Household Income
$48,981
Median Earnings
$1,743
Median Rent
$440,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Boise, ID

7.5% 2020
5.8% 2021
8.8% 2022
11.1% 2023
10.6% 2024
11.5% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - 1.09-acre land parcel suitable for office development in Boise.
Where is this commercial land located?
The property is located at 1387 S Eagle Flight Way Boise, ID.
What is the asking price?
The asking price for this property is $3,970,000.
What are key features of this property?
This property features: 1.09‑acre land parcel ideal for development.; Prime central location in Boise, Idaho.; Excellent visibility and easy access to major thoroughfares.
More about this property
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