Medical Office with
New
For Sale
$775,000
15 Veterinary Way, Garden Valley, ID 83622
The clinic has reception and exam areas, kennel space, and a south wall designed to accommodate an addition.
Property Size2,510 SF
Lot Size3.17 Acres
Price / SF$302.73
Days on Market6
Property Features for 15 Veterinary Way
General Information
Standard status
Active
Size
2,510 SF
Lot size
3.17 Acres
Property subtype
Commercial
Amenities
Lot Features: 1 - 4.99 Acres, Lawn Sprinklers, Lot Size Acres: 3.17, Lot Size Area: 3.17, Lot Size Square Feet: 138085.2, Lot Size Units: Acres
Tax Legal Description: T9N R4E Sec 3 Mitten Second Sub Blk 2 Tax 568 Veterinary Clinic
Flooring: Concrete
Cooling: Central Air, Cooling YN: t
Heating: Forced Air, Natural Gas, Heating YN: t
Business Name: Cascade Veterinary Clinic, Business Type: Business Opportunity, Listing Id: 99002341, Listing Service: Full Service, Listing Terms: Cash, Conventional, List Price: 775000, Mls Status: Active, Number Of Units Total: 1, Standard Status: Active
Parking Features: 11 - 20 Spaces, Trailer Parking
Above Grade Finished Area Units: Square Feet, Below Grade Finished Area Units: Square Feet, Building Area Total: 2560, Building Area Units: Square Feet, Building Features: Lighting, Building Name: Veterinary Clinic In Garden Valley, Construction Materials: Masonry, Steel Siding, Metal Siding, Living Area: 2560, Living Area Units: Square Feet, Year Built: 2005
City: Garden Valley, Coordinates: -115.968401, 44.146836, Country: US, County Or Parish: Boise, Directions: Hwy 55 turn right at Banks, Turn North on Middlefork Rd approximately 3.5 miles to Veterinary Way., Latitude: 44.146836, Longitude: -115.968401, Postal Code: 83622, State Or Province: ID, Street Name: Veterinary Way, Street Number: 15, Street Number Numeric: 15, Unparsed Address: 15 Veterinary Way, Garden Valley ID 83622
Farm Land Area Units: Square Feet, Leasable Area Units: Square Feet, Parcel Number: RP00197002004A, Possible Use: Land Suitable(Residential, Office), Health Care Suitable(Acute Care Hospital), Industrial Suitable(Flex Space, Self/Mini Storage Fac.), Office Suitable(Medical Office, Office Building), Retail Suitable(Day Care Facility, Free Standing Building), Special Purpose Suitable(Religious), Senior Housing Suitable(Assisted Living Res, Congregate Senior Housing), Property Type: Commercial Sale, Senior Community YN: t
Utilities: Propane
Water Source: Well
Accessibility Features: Handicap Access
Building Details
Year Built
2005
Buildings
1
Building Size
2,510 SF
Listing Agency:
Garden Valley Homes & Land
(208) 462-6102
Listed By:
Lara Alexander · License #SP44126
(208) 869-4644
Source:
Thgboise
Added: Sep 30
Changed: Oct 4
Last Checked: Oct 4 at 10:41AM
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 Garden Valley Homes & Land
Investment Insights
Based on property information with market context.
Set on 3.17 level acres in Garden Valley, this medical office property is configured as an established veterinary clinic. The building includes a reception area, patient and exam rooms, multiple kennels, and a handicap-accessible restroom. Interior features include 10-foot ceilings, 220V power, a water treatment system, and luxury vinyl flooring. A covered front porch, covered work area, 8-by-10-foot storage shed, and partially fenced grounds round out the improvements. The south wall is designed to accommodate a future addition.
Garden Valley is approximately one hour from Boise. The property’s existing clinic layout and supporting site improvements are established on the acreage.
Garden Valley is approximately one hour from Boise. The property’s existing clinic layout and supporting site improvements are established on the acreage.
Key Highlights
- 3.17 level acres in Garden Valley
- Reception area, patient and exam rooms, multiple kennels, and a handicap‑accessible restroom
- 10‑foot ceilings and 220V power
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,062
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$661,240
$661.2K
Cap Rate 7%
$472,314
$472.3K
Cap Rate 9%
$367,356
$367.4K
Market Conditions
NOI Build-Up for 2,560 SF
Gross rent
$53.8K $21.00/SF
− Vacancy
−$9.7K −$3.78/SF
EGI
$44.1K $17.22/SF
− OpEx
−$11.0K −$4.31/SF
NOI
$33.1K $12.92/SF
Area
Boise County, ID
Vacancy
18.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$661,240
Cap Rate 7%
$472,314
Cap Rate 9%
$367,356
Alternative Uses
Best Use
Office B
$472.3K
$413.3K – $551.0K
NOI $33,062 @ 7.0% cap · market cap 4.27%
Second Best
Healthcare Medical
$462.8K
$404.9K – $539.9K
NOI $32,394 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$647.6K
$566.6K – $755.5K
NOI $45,330 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 83622, ID
2,076
Population
1,785
Households
1.2
Avg Household Size
58
Median Age
32%
College-Educated
94%
High-School Grad
278.2 sq mi
ZIP Area
7
Density / Sq Mi
$75,461
Median Household Income
$29,834
Median Earnings
$959
Median Rent
$503,800
Median Home Value
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Market
Vacancy Rate% for Office in West region
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Similar Off Market Nearby
- Cascade Veterinary Clinic — 15 Veterinary Way, Garden Valley, ID 83622
Frequently Asked Questions
What type of property is this?
Medical Office Space - The clinic has reception and exam areas, kennel space, and a south wall designed to accommodate an addition.
Where is this medical office space located?
The property is located at 15 Veterinary Way Garden Valley, ID.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 3.17 level acres in Garden Valley; Reception area, patient and exam rooms, multiple kennels, and a handicap‑accessible restroom; 10‑foot ceilings and 220V power
