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Office Building with Open Floor Plan
New
For Sale
$1,150,000

2030 S Washington Ave, Emmett, ID 83617

Seven separate offices provide defined work areas within a flexible office layout.

Property Size3,760 SF
Lot Size0.90 Acres
Price / SF$305.85
Days on Market3

Property Features for 2030 S Washington Ave

General Information

Standard status Active
Size 3,760 SF
Lot size 0.90 Acres

Additional Details

Office Units 7

Building Details

Year Built 1983
Buildings 1
Building Size 3,760 SF
Owner Occupied Yes
Listing Agency: Evans Realty, L.L.C.
Listed By: John Evans · License #AB19341
Source: Debbiemarcotterealestate
Added: Oct 4 Last Checked: Oct 5 at 8:01PM

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 Evans Realty, L.L.C.

Investment Insights

Based on property information with market context.

This 3,760-square-foot office building was built in 1983 and includes seven separate offices and an open floor plan. The property occupies two lots totaling 0.90 acre, with part of the site unpaved. The owner remains in the building, and showings are arranged through an agent.

The freestanding property is behind D&B Supply and across from Bi-Mart. The site includes 21–50 spaces and room for additional building or storage, as described in the property information.

Key Highlights

  • 3,760‑square‑foot office building with seven separate offices
  • Open floor plan
  • Two lots totaling 0.90 acre; part of the property is unpaved

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,560
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$971,200 $971.2K
Cap Rate 7%
$693,714 $693.7K
Cap Rate 9%
$539,556 $539.6K
Market Conditions
NOI Build-Up for 3,760 SF
Gross rent
$79.0K $21.00/SF
− Vacancy
−$14.2K −$3.78/SF
EGI
$64.7K $17.22/SF
− OpEx
−$16.2K −$4.31/SF
NOI
$48.6K $12.92/SF
Area
Gem 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%
$971,200
Cap Rate 7%
$693,714
Cap Rate 9%
$539,556

Alternative Uses

Best Use
Office B
$693.7K
$607.0K – $809.3K (±1% cap)
NOI $48,560 @ 7.0% cap · market cap 4.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$951.1K
$832.2K – $1.11M (±1% cap)
NOI $66,579 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Sawtooth Land Surveying Land Surveyor

Suggested Use

Top Pick Hair Salon Big Box & Wholesale Store Parking Lot & Garage Building Supply Auto Parts Store Furniture & Home Goods

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

Lease Details

7
Office units

Location Intelligence

Trade Area within ½ mile

250
Businesses Nearby

Demographics for 83617, ID

17,502
Population
6,981
Households
2.5
Avg Household Size
44
Median Age
22%
College-Educated
89%
High-School Grad
224.0 sq mi
ZIP Area
78
Density / Sq Mi
$65,566
Median Household Income
$34,007
Median Earnings
$873
Median Rent
$364,200
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
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Frequently Asked Questions

What type of property is this?
Office building - Seven separate offices provide defined work areas within a flexible office layout.
Where is this office building located?
The property is located at 2030 S Washington Ave Emmett, ID.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 3,760‑square‑foot office building with seven separate offices; Open floor plan; Two lots totaling 0.90 acre; part of the property is unpaved
More about this property
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