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    1505 Tyrell Ln Boise, ID 83706

    Sponsored
    For Sale
    $975,000

    Prime Boise Office, Vacant, 4,832 SF

    Property size:
    4,832 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This single-story, 4,832 square foot Class B office building at 1505 Tyrell Ln, Boise, ID 83706, is available for $975,000 ($201.78/SF). Built in 1981, the property is currently vacant and presents an owner-occupancy opportunity. Located in a serene ParkCenter setting, it offers ample parking and easy access to ParkCenter Boulevard. Downtown Boise is a convenient 5-7 minute drive, and freeway access is within 10-15 minutes. The building features a well-designed layout suitable for various uses, including its previous use as a music academy with a large recital hall. The space includes fourteen private offices, each with exterior windows, and two restrooms, one with a shower. The configuration is ideal for a law firm, accounting firm, technology company, consulting business, or educational institution. The property is zoned L-OD. This is a rare opportunity to acquire a well-located, versatile office building in a desirable Boise neighborhood.

    Property Features for 1505 Tyrell Ln

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,832 SF
    Class
    B

    Building Details

    Year Built
    1981
    Buildings
    1
    Stories
    1

    HighLights

    • Versatile floor plan suitable for diverse businesses.
    • Currently configured as a music academy featuring a spacious recital hall.
    • Fourteen private offices, each with exterior window exposure.
    • Two restrooms; one includes a shower.
    • Ideal for law firms.
    • Suitable for accounting firms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Idaho Music Academy Music School Leigh Piano Studio ... After School Program

    Suggested Use

    Realty agency Law Firm 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
    -116.1799628
    Latitude
    43.5943842

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Boise Office, Vacant, 4,832 SF
    Where is this office property / space located?
    The property is located at 1505 Tyrell Ln Boise, ID.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: Versatile floor plan suitable for diverse businesses.; Currently configured as a music academy featuring a spacious recital hall.; Fourteen private offices, each with exterior window exposure.
    (208) 955-1014
    Request Owner's contact information
    1505 Tyrell Ln Boise, ID 83706
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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
    1505 Tyrell Ln Boise, ID 83706
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