CBD Office
For Sale
Contact for pricing
645 E State St, Eagle, ID 83616
Established office property with a professional building profile and central business district zoning.
Property Size6,286 SF
Price / SF$445
Days on Market214
Property Features for 645 E State St
General Information
Standard status
Active
Size
6,286 SF
Class
B
Property subtype
Office
Zoning
CBD
Lease Type
Modified Gross
Additional Details
Cap Rate
6.5%
Building Details
Year Built
2009
Buildings
1
Stories
2
Units
1
Tenancy
Multi
Listing Agency:
Stark Accelerators Commercial Real Estate
Listed By:
Ken Stark · License #ID DB49181
(775) 825-4400
Source:
Crexi
Added: Mar 17
Changed: Oct 15
Last Checked: Oct 16 at 9:33AM
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 Stark Accelerators Commercial Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property is a 6,286-square-foot office building constructed in 2009. Its CBD zoning supports its identification as an office asset within the central business district framework.
Located at 645 E State St in Eagle, Idaho, the building presents an established commercial office profile. The property is associated with a 6.50% CAP rate, offering a defined investment metric for evaluating the asset.
Located at 645 E State St in Eagle, Idaho, the building presents an established commercial office profile. The property is associated with a 6.50% CAP rate, offering a defined investment metric for evaluating the asset.
Key Highlights
- 6,286‑square‑foot office building
- Constructed in 2009
- CBD zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,144
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,702,880
$1.7M
Cap Rate 7%
$1,216,343
$1.2M
Cap Rate 9%
$946,044
$946.0K
Market Conditions
NOI Build-Up for 6,286 SF
Gross rent
$132.0K $21.00/SF
− Vacancy
−$18.5K −$2.94/SF
EGI
$113.5K $18.06/SF
− OpEx
−$28.4K −$4.52/SF
NOI
$85.1K $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%
$1,702,880
Cap Rate 7%
$1,216,343
Cap Rate 9%
$946,044
Alternative Uses
Best Use
Office B
$1.22M
$1.06M – $1.42M
NOI $85,144 @ 7.0% cap · market cap 3.04%
Second Best
Healthcare Medical
$1.14M
$994.3K – $1.33M
NOI $79,543 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,521 @ 7.0% cap · market cap 4.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,861
Businesses Nearby
Explore this area
Business Placement
Demographics for 83616, ID
33,311
Population
13,756
Households
2.4
Avg Household Size
46
Median Age
53%
College-Educated
96%
High-School Grad
111.3 sq mi
ZIP Area
299
Density / Sq Mi
$118,013
Median Household Income
$58,728
Median Earnings
$1,752
Median Rent
$720,300
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 West region
Frequently Asked Questions
What type of property is this?
Office building - Established office property with a professional building profile and central business district zoning.
Where is this office building located?
The property is located at 645 E State St Eagle, ID.
What is the asking price?
The asking price for this property is $2,797,270.
What are key features of this property?
This property features: 6,286‑square‑foot office building; Constructed in 2009; CBD zoning
