Prime Eagle Location
For Sale
Contact for pricing
1119 E State St, Eagle, ID 83616
Office or retail space in high-growth Eagle area.
Property Size8,821 SF
Price / SF$289.08
Days on Market842
Property Features for 1119 E State St
General Information
Standard status
Active
Size
8,821 SF
Class
B
Property subtype
Retail, Office
Building Details
Units
2
Listing Agency:
TOK Commercial
Listed By:
Sam McCaskill · License #ID 46959
(208) 947-0804
Source:
Crexi
Added: Jun 27, 2024
Changed: Oct 14
Last Checked: Oct 16 at 6:20AM
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 TOK Commercial
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Investment Insights
Based on property information with market context.
Located at 1119 East State Street in Eagle, Idaho, this property presents an opportunity for office or retail use. The site offers a professional setting with shared parking and potential for a restaurant with patio space. The property is within walking distance of downtown Eagle, near gyms, retailers, services, and eateries. Accessibility is enhanced by its location near State Street (Highway 44) and Eagle Road (Highway 55). The location is suited to professionals seeking a convenient business location within a high-growth residential market.
Key Highlights
- Prime location in high‑growth, high‑income Eagle area.
- Excellent restaurant/retail potential with rare patio space.
- Ample shared parking.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$119,480
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,389,600
$2.4M
Cap Rate 7%
$1,706,857
$1.7M
Cap Rate 9%
$1,327,556
$1.3M
Market Conditions
NOI Build-Up for 8,821 SF
Gross rent
$185.2K $21.00/SF
− Vacancy
−$25.9K −$2.94/SF
EGI
$159.3K $18.06/SF
− OpEx
−$39.8K −$4.52/SF
NOI
$119.5K $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%
$2,389,600
Cap Rate 7%
$1,706,857
Cap Rate 9%
$1,327,556
Alternative Uses
Best Use
Office B
$1.71M
$1.49M – $1.99M
NOI $119,480 @ 7.0% cap · market cap 4.69%
Second Best
Retail
$1.60M
$1.40M – $1.86M
NOI $111,804 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$2.44M
$2.13M – $2.84M
NOI $170,528 @ 7.0% cap · market cap 6.69%
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
1,486
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
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Retail space - Office or retail space in high-growth Eagle area.
Where is this retail space located?
The property is located at 1119 E State St Eagle, ID.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Prime location in high‑growth, high‑income Eagle area.; Excellent restaurant/retail potential with rare patio space.; Ample shared parking.
