Restaurant Space with Patio
4648 W Old Valley Road Eagle, ID 83616
For Sale
$2,531,250
Newly built restaurant space with patio seating and strong Highway 44 exposure at a signalized intersection.
Property Size5,625 SF
Price / SF$450
Days on Market54
Property Features for 4648 W Old Valley Road
General Information
Standard status
Active
Size
5,625 SF
Property subtype
Commercial
Listing Agency:
Silvercreek Realty Group
(208) 509-8005
Listed By:
Jennie Capuano
(208) 509-8005
Source:
Homesofidaho
Added: Jun 4
Changed: Jul 10
Last Checked: Jul 26 at 10:03AM
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 Silvercreek Realty Group
Investment Insights
Based on property information with market context.
New construction in Eagle’s newest mixed-use development combining office, retail, and restaurant space. The available offering includes patio space seating, designed to support restaurant users that want an outdoor dining component as part of their concept.
The property is located along the fast-growing State Street corridor and provides excellent exposure on Highway 44 frontage. It sits at the signalized intersection of Linder Road, with visibility to over 26,622 vehicles per day, and benefits from shared parking with a parking ratio of over 4:1,000.
With its restaurant-ready configuration and outdoor patio seating, this space is well suited for operators seeking a presence within a mixed-use environment while drawing from nearby daytime and visitor traffic drivers. The surrounding area includes Eagle High School (2,000+ students), Eagle Island State Park (545 acres with a campground and recreational amenities), and additional retail and event destinations referenced in the offering materials. Shared parking and high-visibility frontage can support straightforward customer access for both lunch and evening dining.
The property is located along the fast-growing State Street corridor and provides excellent exposure on Highway 44 frontage. It sits at the signalized intersection of Linder Road, with visibility to over 26,622 vehicles per day, and benefits from shared parking with a parking ratio of over 4:1,000.
With its restaurant-ready configuration and outdoor patio seating, this space is well suited for operators seeking a presence within a mixed-use environment while drawing from nearby daytime and visitor traffic drivers. The surrounding area includes Eagle High School (2,000+ students), Eagle Island State Park (545 acres with a campground and recreational amenities), and additional retail and event destinations referenced in the offering materials. Shared parking and high-visibility frontage can support straightforward customer access for both lunch and evening dining.
Key Highlights
- 8‑acre lot with total building area of 5,625 SF
- New construction restaurant space in Eagle’s newest mixed‑use development
- Patio seating available for restaurant users
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $108.0k | $19.20 |
| − Vacancy | −$4.9k | −$0.86 |
| EGI | $103.1k | $18.34 |
| − OpEx | −$25.8k | −$4.58 |
| NOI | $77.4k | $13.75 |
5,625 SF · lease $19.20/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.11M
$966.9K – $1.29M
NOI $77,355 @ 7.0% cap · market cap 3.06%
Second Best
Office B
$1.09M
$952.4K – $1.27M
NOI $76,191 @ 7.0% cap · market cap 3.01%
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M
NOI $108,743 @ 7.0% cap · market cap 4.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Storefront property - Newly built restaurant space with patio seating and strong Highway 44 exposure at a signalized intersection.
Where is this storefront property located?
The property is located at 4648 W Old Valley Road Eagle, ID.
What is the asking price?
The asking price for this property is $2,531,250.
What are key features of this property?
This property features: 8‑acre lot with total building area of 5,625 SF; New construction restaurant space in Eagle’s newest mixed‑use development; Patio seating available for restaurant users
