Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8068 Woodlark Rd Boise, ID 83709
    Back to Search
    Property profile & analytics

    8068 Woodlark Rd, Boise, ID 83709

    View on Map
    • Warehouses
    • 10,500 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 8068 Woodlark Rd

    Year built
    1992
    Property type
    Warehouses
    Property subtype
    Office Spaces

    Description

    This exceptional 10,500-square-foot industrial property, located at 8068 W. Woodlark Road in Boise, Idaho, presents a unique opportunity for businesses seeking versatile space. Situated in Ada County's Southwest submarket, this Class B building offers a blend of executive office, manufacturing, warehouse, and distribution capabilities, making it ideal for a variety of operations. Built in 1992, the property boasts ample parking and a convenient drive-in bay, enhancing operational efficiency. The interior features impressive ceiling heights ranging from 14 to 16 feet, providing ample vertical space for storage or specialized equipment. The entire 10,500 square feet is currently vacant, allowing for complete customization to meet specific business needs. The property is equipped with robust power, including 220-volt, 200-amp, 3-phase service, ensuring sufficient capacity for demanding operations. The multiple tenancy option provides flexibility for businesses requiring diverse space configurations. This prime location in Boise's Southwest submarket offers excellent access to major transportation routes and a thriving business community. The property's versatile design and ample space make it an attractive option for companies seeking to establish or expand their operations in the Boise area. The zip code is 83709.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Boise
    County
    Ada
    State
    Idaho
    Longitude
    -116.282
    Latitude
    43.5768

    Comparable in this City

    • Value Estimation by Request
      3,353 SF

      2807 Mossy Cup St

      Distribution properties
      2807 Mossy Cup St, Boise, ID 83709
      View Details
    • Value Estimation by Request
      88,140 SF

      2674 Fry St

      Distribution properties
      2674 Fry St, Boise, ID 83709
      View Details
    • Value Estimation by Request
      13,820 SF

      9292 Barnes Dr

      Medical Office Space
      9292 Barnes Dr, Boise, ID 83709
      View Details
    • Value Estimation by Request
      16,350 SF

      10100 Overland Rd

      Office Spaces
      10100 Overland Rd, Boise, ID 83709
      View Details
    • Value Estimation by Request
      5,200 SF

      5371 Franklin Rd

      Office Spaces
      5371 Franklin Rd, Boise, ID 83709
      View Details
    • Value Estimation by Request
      26,794 SF

      7233 Franklin Rd

      Office Spaces
      7233 Franklin Rd, Boise, ID 83709
      View Details

    Similar Nearby for Sale

    • $899,000
      4,464 SF

      Fourplex with 40x30 Shop

      Renovated four-unit residential property plus a 40x30 shop with separate two-car garages for flexible rental use.
      393-399 S White Cloud Dr, Boise, ID 83709
      View Details
    • Contact for pricing
      14,434 SF

      Boise Land Development Opportunity

      1.09-acre land parcel suitable for office development in Boise.
      1387 S Eagle Flight Way, Boise, ID 83709
      View Details
    • Contact for pricing

      Boise Spectrum Retail/Office Space

      Retail, office, and drive-thru spaces available in Boise, Idaho.
      7709 W Overland Rd, Boise, ID 83709
      View Details

    Similar Nearby for Lease

    • $1.20 SF/Yr

      Industrial Showroom/Warehouse Facility For Lease

      Centrally located industrial showroom/warehouse facility with high visibility signage.
      2240 S Cole Rd, Boise, ID 83709
      View Details
    • $1.25 SF/Yr

      Industrial Facility Near I-84

      Centrally located industrial showroom/warehouse near I-84 and Boise Airport.
      2230 S Cole Rd, Boise, ID 83709
      View Details
    • Contact for pricing

      Warehouse Space with I-84 Access

      Tilt-up construction warehouse with convenient I-84 access.
      S Victory View Way, Boise, ID 83709
      View Details
    • Contact for pricing

      Office/Flex Complex Near I-84

      Three-building office/flex complex with easy access to I-84.
      7291 W Franklin Rd, Boise, ID 83709
      View Details
    • $1.10 SF/Yr

      Dock High Space Available

      Multi-use property near I-84 with retail, office, warehouse space.
      2772 S Cole Rd, Boise, ID 83709
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8068 Woodlark Rd
    Boise, ID 83709
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    8068 Woodlark Rd, Boise, ID, 83709
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!