Two-Story Medical-Ready Office
For Sale
$1,220,000
1665 W Hill Rd, Boise, ID 83702
Flexible two-story office with private offices, cubicles, and ADA access, previously configured for orthodontic care.
Property Size2,732 SF
Days on Market144
Property Features for 1665 W Hill Rd
General Information
Standard status
Active
Size
2,732 SF
Property subtype
Office
Site & Location
Neighborhood
North End
Building Details
Building Size
2,732 SF
Stories
2
Listed By:
Patrick Shalz, SIOR
(208) 947-0834
Source:
Tokcommercial
Added: Jun 2
Changed: Oct 16
Last Checked: Oct 23 at 5:31AM
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 Patrick Shalz, SIOR
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Investment Insights
Based on property information with market context.
This two-story professional office property is designed to support a range of office and medical users, with a flexible layout that includes private offices and cubicle areas. The building was previously operated as an orthodontic office, and it also features lower-level living quarters that may provide opportunities for office conversion depending on a user’s requirements. An ADA accessible ramp is in place, supporting accessibility for patients, employees, and visitors.
Located in Boise’s highly desirable North End, the property is positioned for both visibility and practical daily access. Its configuration is geared toward health-oriented and professional service operations that benefit from a central, easy-to-serve setting.
For buyers or operators seeking a move-in ready foundation for healthcare or professional services, the existing medical office setup provides a straightforward starting point. The combination of multi-room office space, accessible entry, and adaptable lower-level area makes it well-suited for medical users as well as administrative and service-focused organizations looking for a flexible, two-story footprint.
Located in Boise’s highly desirable North End, the property is positioned for both visibility and practical daily access. Its configuration is geared toward health-oriented and professional service operations that benefit from a central, easy-to-serve setting.
For buyers or operators seeking a move-in ready foundation for healthcare or professional services, the existing medical office setup provides a straightforward starting point. The combination of multi-room office space, accessible entry, and adaptable lower-level area makes it well-suited for medical users as well as administrative and service-focused organizations looking for a flexible, two-story footprint.
Key Highlights
- Two‑story professional office building designed for office and medical users
- Previously configured as an orthodontic (medical) office, suited for healthcare or professional services
- Flexible layout with private offices and cubicle areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,005
Cap Rate
3.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$740,100
$740.1K
Cap Rate 7%
$528,643
$528.6K
Cap Rate 9%
$411,167
$411.2K
Market Conditions
NOI Build-Up for 2,732 SF
Gross rent
$57.4K $21.00/SF
− Vacancy
−$8.0K −$2.94/SF
EGI
$49.3K $18.06/SF
− OpEx
−$12.3K −$4.52/SF
NOI
$37.0K $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%
$740,100
Cap Rate 7%
$528,643
Cap Rate 9%
$411,167
Alternative Uses
Best Use
Office B
$528.6K
$462.6K – $616.8K
NOI $37,005 @ 7.0% cap · market cap 3.03%
Second Best
Healthcare Medical
$493.9K
$432.1K – $576.2K
NOI $34,571 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$754.5K
$660.2K – $880.3K
NOI $52,815 @ 7.0% cap · market cap 4.33%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
267
Businesses Nearby
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Business Placement
Demographics for 83702, ID
23,951
Population
12,771
Households
1.9
Avg Household Size
40
Median Age
61%
College-Educated
97%
High-School Grad
31.4 sq mi
ZIP Area
763
Density / Sq Mi
$82,586
Median Household Income
$48,200
Median Earnings
$1,175
Median Rent
$708,000
Median Home Value
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Market
Vacancy Rate% for Office in Boise, ID
Frequently Asked Questions
What type of property is this?
Office building - Flexible two-story office with private offices, cubicles, and ADA access, previously configured for orthodontic care.
Where is this office building located?
The property is located at 1665 W Hill Rd Boise, ID.
What is the asking price?
The asking price for this property is $1,220,000.
What are key features of this property?
This property features: Two‑story professional office building designed for office and medical users; Previously configured as an orthodontic (medical) office, suited for healthcare or professional services; Flexible layout with private offices and cubicle areas
