Modern Small-Bay Industrial
For Sale
$2,600,000
2137 S Saturn Way, Boise, ID 83709
New construction small-bay industrial suites with private offices, restrooms, and insulated overhead doors in a light industrial park.
Property Size10,000 SF
Price / SF$260
Days on Market94
Property Features for 2137 S Saturn Way
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Industrial
Zoning
I-1
Warehouse & Industrial
Heavy Power
Yes
Sprinkler System
Yes
Additional Details
Highway Access
Yes
Building Details
Building Size
10,000 SF
Listing Agency:
Lee & Associates Idaho
Listed By:
Shane Jimenez · License #ID 27814
(208) 602-4500
Source:
Lee-associates
Added: Jul 19
Changed: Oct 6
Last Checked: Oct 19 at 5:17AM
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 Lee & Associates Idaho
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Building 4 at Skyway Industrial Park is a newly constructed small-bay industrial development offering approximately 10,000 square feet of modern industrial space. Suites are designed for a range of contractor and service-oriented uses, with a modern storefront office entrance, five private offices and restrooms per suite, and an open warehouse or shop area. The building includes 16’ W x 14’ H insulated overhead doors and an NFPA 13 fire sprinkler system, with energy-efficient insulated metal construction.
The property is located in the City of Boise and zoned I-1 (Light Industrial). It is situated within a professionally planned industrial park setting with ample on-site parking and 200 Amp 3-phase power. The location provides access to Interstate 84, Boise Airport, Downtown Boise, and the greater Treasure Valley.
The property is located in the City of Boise and zoned I-1 (Light Industrial). It is situated within a professionally planned industrial park setting with ample on-site parking and 200 Amp 3-phase power. The location provides access to Interstate 84, Boise Airport, Downtown Boise, and the greater Treasure Valley.
Key Highlights
- Building 4 in Skyway Industrial Park: approximately 10,000 SF of new small‑bay industrial space
- Under construction 2,000–10,000 SF suites in the City of Boise, zoned I‑1 (Light Industrial)
- Each suite includes a modern storefront office entrance plus 5 private offices and restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,860
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,137,200
$2.1M
Cap Rate 7%
$1,526,571
$1.5M
Cap Rate 9%
$1,187,333
$1.2M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$138.0K $13.80/SF
− Vacancy
−$12.3K −$1.23/SF
EGI
$125.7K $12.57/SF
− OpEx
−$18.9K −$1.89/SF
NOI
$106.9K $10.69/SF
Area
Ada County, ID
Vacancy
8.90%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,137,200
Cap Rate 7%
$1,526,571
Cap Rate 9%
$1,187,333
Alternative Uses
Best Use
Warehouse
$1.53M
$1.34M – $1.78M
NOI $106,860 @ 7.0% cap · market cap 4.11%
Second Best
Flex RnD
$1.43M
$1.25M – $1.67M
NOI $99,918 @ 7.0% cap · market cap 3.84%
Theoretical Best
Office A
$2.76M
$2.42M – $3.22M
NOI $193,320 @ 7.0% cap · market cap 7.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Heavy power
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
812
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in Boise, ID
Similar Off Market Nearby
- The Tony Cannoli — 7609 W Overland Rd, Boise, ID 83709
Frequently Asked Questions
What type of property is this?
Flex space - New construction small-bay industrial suites with private offices, restrooms, and insulated overhead doors in a light industrial park.
Where is this flex space located?
The property is located at 2137 S Saturn Way Boise, ID.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Building 4 in Skyway Industrial Park: approximately 10,000 SF of new small‑bay industrial space; Under construction 2,000–10,000 SF suites in the City of Boise, zoned I‑1 (Light Industrial); Each suite includes a modern storefront office entrance plus 5 private offices and restrooms
