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    8740 Fairview Ave Boise, ID 83704

    For Sale
    $11,500,000

    69,175 SF Multi-Tenant Warehouse For Sale

    Property size:
    69,175 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 69,175-square-foot industrial property, located at 8740 W. Fairview Ave. in Boise, Idaho (zip code 83704), presents a compelling investment opportunity. The single-story, 100% occupied building, constructed in 1991 and extensively renovated in 2022, sits on a 4.98-acre lot (APN R5457170295) and is zoned MX-3. The property boasts a strong tenant roster of established local, regional, and national companies, all operating under triple net (NNN) leases with annual escalations, minimizing landlord responsibilities. Building features include concrete tilt construction, a large paved parking lot, high ceilings, full HVAC and fire suppression systems throughout multiple tenant suites, and dock-high loading doors (14' x 20'). The strategic location offers easy access to major transportation arteries and surrounding communities. The asking price is $11,500,000, translating to $166.25 per square foot. This asset represents a stable, high-occupancy investment in a thriving market. Ample on-site parking further enhances the property's appeal. This is a rare opportunity to acquire a well-maintained, multi-tenant industrial building with a proven track record of success.

    Property Features for 8740 Fairview Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    69,175 SF
    Lot Size
    216,929 SF

    Building Details

    Year Built/Renovated
    1991/2022
    Buildings
    1
    Stories
    1

    HighLights

    • 14' x 20' overhead doors.
    • Full HVAC and fire suppression systems throughout.
    • Abundant on‑site parking.
    • Excellent freeway access and central location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    International Floral Distributors Wholesaler Washington Floral Service ... Wholesale Florist

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Boise
    County
    Ada
    State
    Idaho
    Longitude
    -116.29112505539
    Latitude
    43.620262069341

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    FAQs

    What type of property is this?
    Distribution property - 69,175 SF Multi-Tenant Warehouse For Sale
    Where is this distribution property located?
    The property is located at 8740 Fairview Ave Boise, ID.
    What is the asking price?
    The asking price for this property is $11,500,000.
    What are key features of this property?
    This property features: 14' x 20' overhead doors.; Full HVAC and fire suppression systems throughout.; Abundant on-site parking.
    Request Owner's contact information
    8740 Fairview Ave Boise, ID 83704
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    Boise, ID 83704
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    8740 Fairview Ave Boise, ID 83704
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