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    Renovated Warehouse Office Suite Title is generated by Realmo AI

    314 S 9th St Ste 300 STE 300, Boise, ID 83702

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    For Sale
    $36,000

    Renovated office suite with open plans, soaring ceilings, and direct access to a connected parking garage.

    Type:Commercial
    Property size:
    1,792 SF
    Price / SF:
    $20/SF
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 5 at 1:44 am

    Property Features for 314 S 9th St Ste 300 STE 300

    General Information

    Standard status
    Active
    Size
    1,792 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1910

    We can help!

    Listing Contact
    Sheila Smith

    Listing agent Sheila Smith

    Listing office RE/MAX Capital City

    Listing date Jun 3, 2026

    Source Clearwaterproperties

    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 RE/MAX Capital City

    HighLights

    • Renovated office suite in the reimagined Foster’s Furniture warehouse in downtown Boise (year built 1910)
    • Expansive open floor plans with soaring ceilings, exposed brick and timber details
    • Advanced amenities and a private in‑suite elevator
    • Direct access to a connected parking garage
    • In‑suite features include views over the greenery of JUMP’s park

    Overview

    This renovated office suite is located within a reimagined warehouse setting, combining original industrial character with modern interior finishes. The space features expansive open floor plans with soaring ceilings, along with exposed brick and timber details that carry throughout. For day-to-day convenience and privacy, the suite includes a private in-suite elevator. It is also described as having advanced amenities, designed to support a professional work environment.

    Positioned in downtown Boise, the suite overlooks the greenery of JUMP’s park. The building offers direct access to a connected parking garage, which can help simplify tenant and visitor arrivals. The surrounding area is noted as providing access to restaurants, retail, entertainment, and transportation.

    This configuration can work well for office teams that value collaboration in a light, open layout while benefiting from a private elevator entrance. The combination of warehouse-era architectural features and modernized finishes may also appeal to professional uses that want a distinctive setting for clients and staff. With direct parking access and nearby amenities in the downtown core, the suite is positioned to support practical, client-facing office operations.
    Location Intelligence

    Current Use by Public Records

    Mark D. Perison, ... Law Firm Western Equities Bank City of Trees Pest ... Animal Shelter Reynolds+Myers Advertising Agency Rizen Creative Marketing & Advertising

    Suggested Use

    Restaurant Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Law Firm Auto Repair Shop Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boise
    County
    Ada
    State
    Idaho
    Longitude
    -116.2062786
    Latitude
    43.6142518

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    FAQs

    What type of property is this?
    Office units - Renovated office suite with open plans, soaring ceilings, and direct access to a connected parking garage.
    Where is this office units located?
    The property is located at 314 S 9th St Ste 300 STE 300 Boise, ID.
    What is the asking price?
    The asking price for this property is $36,000.
    What are key features of this property?
    This property features: Renovated office suite in the reimagined Foster’s Furniture warehouse in downtown Boise (year built 1910); Expansive open floor plans with soaring ceilings, exposed brick and timber details; Advanced amenities and a private in‑suite elevator
    We can help!
    Listing Contact
    Sheila Smith
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    314 S 9th St Ste 300 STE 300, Boise, ID 83702
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