Professional Office
For Sale
$499,000
9446 W Fairview Ave., Boise, ID 83704
Situated within the West Valley Business Center along the Fairview Avenue corridor.
Property Size1,833 SF
Days on Market155
Property Features for 9446 W Fairview Ave.
General Information
Standard status
Active
Size
1,833 SF
Class
A
Property subtype
Office - General Office
Building Details
Building Size
1,833 SF
Listing Agency:
Lee & Associates
Listed By:
Forde Brian
Source:
Commercialcafe
Added: May 14
Changed: Oct 3
Last Checked: Oct 14 at 8:39PM
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 Lee & Associates
Investment Insights
Based on property information with market context.
This 1,833 SF professional office condominium is located at 9446 W. Fairview Ave. in Boise, Idaho. The property is within the West Valley Business Center along the Fairview Avenue corridor and is presented as a client-ready office environment. Its configuration is described as suitable for a variety of business uses, with the offering positioned for both owner-users and investors.
Key Highlights
- ±1,833 SF professional office condo
- Located within West Valley Business Center
- Positioned along the Fairview Avenue corridor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,828
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$496,560
$496.6K
Cap Rate 7%
$354,686
$354.7K
Cap Rate 9%
$275,867
$275.9K
Market Conditions
NOI Build-Up for 1,833 SF
Gross rent
$38.5K $21.00/SF
− Vacancy
−$5.4K −$2.94/SF
EGI
$33.1K $18.06/SF
− OpEx
−$8.3K −$4.52/SF
NOI
$24.8K $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%
$496,560
Cap Rate 7%
$354,686
Cap Rate 9%
$275,867
Alternative Uses
Best Use
Office B
$354.7K
$310.4K – $413.8K
NOI $24,828 @ 7.0% cap · market cap 4.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$506.2K
$443.0K – $590.6K
NOI $35,436 @ 7.0% cap · market cap 7.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
597
Businesses Nearby
Explore this area
Business Placement
Demographics for 83704, ID
42,430
Population
17,776
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
92%
High-School Grad
8.8 sq mi
ZIP Area
4,822
Density / Sq Mi
$70,806
Median Household Income
$37,201
Median Earnings
$1,363
Median Rent
$354,400
Median Home Value
Market
Vacancy Rate% for Office in Boise, ID
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Situated within the West Valley Business Center along the Fairview Avenue corridor.
Where is this office units located?
The property is located at 9446 W Fairview Ave. Boise, ID.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: ±1,833 SF professional office condo; Located within West Valley Business Center; Positioned along the Fairview Avenue corridor
