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    512 8Th St Boise, ID 83702

    Sponsored
    For Lease
    $22 SF/Yr

    Prime 8th Street Retail Space

    Lot size:
    14,976 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Class A retail property, located at 512 S 8th St in Boise, Idaho, presents a unique investment opportunity. The single-tenant building boasts a substantial 14,976 square feet of space, ideally situated in the vibrant downtown Boise area. The property's prime location within Ada County offers excellent visibility and accessibility, ensuring high foot traffic and strong potential for business success. The building's classification as Class A signifies its superior construction quality, modern amenities, and desirable features. This single-tenant occupancy provides a stable and predictable income stream, making it an attractive option for investors seeking a low-risk, high-reward investment. The property's 14,976 square feet offers ample space for a variety of retail uses, allowing for flexibility and adaptability to meet the needs of a diverse range of businesses. With its strategic location in the heart of downtown Boise and its impressive size and quality, this property represents a rare opportunity to acquire a significant retail asset in a thriving market. The 83702 zip code further underscores the desirability and high-value nature of this location. This is a turnkey solution for a business seeking a prominent downtown presence or an investor looking for a strong, stable return. The property's size and location make it an ideal candidate for a variety of retail ventures. The single-tenant setup simplifies management and reduces operational complexities.

    Property Features for 512 8Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,976 SF
    Class
    A
    Total Rate
    28080

    Unit(s) available at that property

    Space
    Size
    4,880 SF
    Rate per SF
    $22

    HighLights

    • High‑visibility retail space on Boise's vibrant 8th Street in the BoDo district.
    • Renovated skylights offer abundant natural light.
    • Excellent location near Boise State University, The Knitting Factory, Julia Davis Park, Zoo Boise, and the Boise Art Museum.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Dental Office Spa & Massage Law Firm Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Boise
    County
    Ada
    State
    Idaho
    Longitude
    -116.206769
    Latitude
    43.6121882

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    FAQs

    What type of property is this?
    Retail property - Prime 8th Street Retail Space
    Where is this retail property located?
    The property is located at 512 8Th St Boise, ID.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: High-visibility retail space on Boise's vibrant 8th Street in the BoDo district.; Renovated skylights offer abundant natural light.; Excellent location near Boise State University, The Knitting Factory, Julia Davis Park, Zoo Boise, and the Boise Art Museum.
    Request Owner's contact information
    512 8Th St Boise, ID 83702
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    Boise, ID 83702
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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
    512 8Th St Boise, ID 83702
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