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Veterinary Medical Center with Kennels
New
For Sale
$775,000

15 Veterinary Way, Garden Valley, ID 83622

Commercial Sale, Garden Valley, ID

Property Size2,510 SF
Lot Size3.17 Acres
Price / SF$302.73
Days on Market6

Property Features for 15 Veterinary Way

General Information

Property type Commercial Sale
Property subtype Other
Accessibility Accessible Approach with Ramp
Lot features 1 - 4.99 Acres, Lawn Sprinklers
Directions Hwy 55 turn right at Banks, Turn North on Middlefork Rd approximately 3.5 miles to Veterinary Way.
Standard status Active
APN RP00197002004A
Size 2,560 SF
Lot size 3.17 Acres

Taxes and HOA fees

Tax Description T9N R4E Sec 3 Mitten Second Sub Blk 2 Tax 568 Veterinary Clinic
Legal Description T9N R4E Sec 3 Mitten Second Sub Blk 2 Tax 568 Veterinary Clinic

Utilities

Utilities Propane
Sewer type Septic Tank
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Well

Amenities

covered front porch
covered work area
storage shed
partially fenced grounds
water treatment system
handicap-accessible restroom

Building Details

Year built 2005
Number of units 1
Flooring type Concrete
Building materials Masonry, Steel Siding, Metal Siding
Roof type Metal
Listing Agency: Garden Valley Homes & Land
Listed By: Lara Alexander · License #SP44126
Added: Sep 30 Changed: Oct 2 Last Checked: Oct 5 at 6:06PM
MLS# 99002341

Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Operating as a veterinary clinic, the medical property includes a reception area, patient and exam rooms, multiple kennels, and an accessible restroom. The building has 10-foot ceilings, 220V power, and a water treatment system. A south wall is configured to support a future addition; exterior improvements include a covered front porch, a covered work area, and an 8-by-10-foot storage shed. The grounds are partially fenced.

The property occupies 3.17 acres in Garden Valley, Boise County, about one hour from Boise. Built in 2005, the building has forced-air heating, central air conditioning, a metal roof, well water, and septic service. The source also identifies propane among the utilities.

Key Highlights

  • 3.17 acres in Garden Valley, Boise County
  • Veterinary clinic with reception, patient and exam rooms, and multiple kennels
  • 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 (±1% cap)
NOI $33,062 @ 7.0% cap · market cap 4.27%
Second Best
Healthcare Medical
$462.8K
$404.9K – $539.9K (±1% cap)
NOI $32,394 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$647.6K
$566.6K – $755.5K (±1% cap)
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

Medical centers

Suggested Use

Top Pick Carpet & Flooring Store Veterinary Clinic Spa & Massage Center Restaurant Bed & Breakfast Hotel & Motel

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

14
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical center - The clinic has exam rooms, a covered work area, and space designed to accommodate a future addition.
Where is this medical center 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 acres in Garden Valley, Boise County; Veterinary clinic with reception, patient and exam rooms, and multiple kennels; 10‑foot ceilings and 220V power
More about this property
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