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    7884 State St Eagle, ID 83616

    For Sale
    $5,200,000

    Prime Hotel Site, Hwy 16 & 44 Intersection

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1-4.99 acre commercial property in Eagle, Idaho, presents a remarkable opportunity for hotel development. Located at 7884 W State St, this vacant, multi-unit site is ideally situated at the high-traffic intersection of Highway 16 and Highway 44 (43,000 cars daily), offering unparalleled visibility and accessibility. The property is zoned for General Commercial/Mixed Use and is already entitled and approved for a hotel development within the City of Star, with an Eagle address. Plans allow for a five-story hotel with over 200 suites, or the potential for two hotel towers. Engineering plans are approved, and the site is development-ready. This location boasts easy access to the Treasure Valley, Foothills, Emmett, and surrounding mountains, as well as proximity to regional sports parks, Black Canyon Reservoir, and the Boise River. The property features highway frontage and direct access via State Street, with shared cross-access to an adjacent residential and commercial retail plaza. The asking price is $5,200,000, with an Absolute NNN lease type. Mixed-use building plans and commercial/company headquarters options are also available. This is a truly unique opportunity to capitalize on the high growth and recreational amenities of this thriving area. The final plat is currently being processed.

    Property Features for 7884 State St

    General Information

    Property type
    Individual retail properties
    Lot Size
    43,560 SF

    Building Details

    Units
    5

    HighLights

    • Mixed‑use building plans available.
    • High‑visibility hotel development site on Hwy 16.
    • High‑traffic location at ID‑44 & Short Rd (43,000 cars daily).
    • Site plan and engineering plans approved; development‑ready.
    • Approved for a 5‑story, 200+ suite hotel.
    • Feasibility study supports an extended‑stay hotel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Building Supply Auto Repair Shop Clothing Store Pharmacy Kitchen & Bath Accounting Firm Storage Facility Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Eagle
    County
    Ada
    State
    Idaho
    Longitude
    -116.4520566
    Latitude
    43.6922018

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    FAQs

    What type of property is this?
    Individual retail property - Prime Hotel Site, Hwy 16 & 44 Intersection
    Where is this individual retail property located?
    The property is located at 7884 State St Eagle, ID.
    What is the asking price?
    The asking price for this property is $5,200,000.
    What are key features of this property?
    This property features: Mixed-use building plans available.; High-visibility hotel development site on Hwy 16.; High-traffic location at ID-44 & Short Rd (43,000 cars daily).
    Request Owner's contact information
    7884 State St Eagle, ID 83616
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    Eagle, ID 83616
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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
    7884 State St Eagle, ID 83616
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