7884 State St, Eagle, ID 83616
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.