Boise Bench Two-Story Office
For Sale
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410 South Orchard Street Ste. 116, Boise, ID 83705
Two-story office condo with open workspace and private offices.
Property Size3,006 SF
Price / SF$0.01
Days on Market206
Property Features for 410 South Orchard Street Ste. 116
General Information
Standard status
Active
Size
3,006 SF
Property subtype
Office
Listed By:
Karena Gilbert, SIOR
(208) 488-3164
Source:
Cbre
Added: Mar 25
Changed: Oct 15
Last Checked: Oct 16 at 6:06AM
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 Karena Gilbert, SIOR
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Investment Insights
Based on property information with market context.
Located on the Boise Bench, 410 S. Orchard, Suite 116 is a two-story office condo featuring a bright and spacious workspace. The property offers quick access to Interstate 84 and is located less than 10 minutes from Downtown Boise and the Boise Airport. The 3,006 square foot space includes a professional conference room and private restrooms. The layout provides flexibility with both an open workspace and private offices, complemented by a dedicated printer workspace. The property is centrally located, approximately 4 miles from Downtown Boise and the Boise Airport.
Key Highlights
- Quick access to Interstate 84, Downtown Boise, and Boise Airport (under 10‑minute commute).
- Bright and spacious two‑story office condo.
- Includes both open workspace and private offices.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,716
Suggested Prices Based on Cap Rates
Cap Rate 5%
$814,320
$814.3K
Cap Rate 7%
$581,657
$581.7K
Cap Rate 9%
$452,400
$452.4K
Market Conditions
NOI Build-Up for 3,006 SF
Gross rent
$63.1K $21.00/SF
− Vacancy
−$8.8K −$2.94/SF
EGI
$54.3K $18.06/SF
− OpEx
−$13.6K −$4.52/SF
NOI
$40.7K $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%
$814,320
Cap Rate 7%
$581,657
Cap Rate 9%
$452,400
Alternative Uses
Best Use
Office B
$581.7K
$509.0K – $678.6K
NOI $40,716 @ 7.0% cap · market cap 254,475.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$830.2K
$726.4K – $968.5K
NOI $58,112 @ 7.0% cap · market cap 363,200.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,307
Businesses Nearby
Explore this area
Business Placement
Demographics for 83705, ID
27,756
Population
13,228
Households
2.1
Avg Household Size
35
Median Age
38%
College-Educated
93%
High-School Grad
16.2 sq mi
ZIP Area
1,713
Density / Sq Mi
$62,605
Median Household Income
$37,283
Median Earnings
$1,166
Median Rent
$378,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Boise, ID
Frequently Asked Questions
What type of property is this?
Office units - Two-story office condo with open workspace and private offices.
Where is this office units located?
The property is located at 410 South Orchard Street Ste. 116 Boise, ID.
What are key features of this property?
This property features: Quick access to Interstate 84, Downtown Boise, and Boise Airport (under 10‑minute commute).; Bright and spacious two‑story office condo.; Includes both open workspace and private offices.
