Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5500 Franklin St Boise, ID 83705
    Back to Search
    Property profile & analytics

    5500 Franklin St, Boise, ID 83705

    View on Map
    • Retail properties & Spaces
    • 8,594 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Crescent Public House / Restaurant

    Property Details for 5500 Franklin St

    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional 8,594-square-foot bar and grill is ideally situated on West Franklin Street in Boise, Idaho, offering unparalleled visibility and accessibility. The property boasts a prime location within Ada County, zip code 83705, and benefits from a C-2D zoning designation by the City of Boise. The single-tenant building underwent a complete remodel in 2021, presenting a modern and well-maintained space ready for immediate operation. The sale includes the option to acquire the existing furniture, fixtures, and equipment, streamlining the transition for a new owner. Ample parking is available for patrons and staff, enhancing the overall convenience and appeal of the establishment. A valuable liquor license is also available

    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
    -116.25
    Latitude
    43.6033

    Comparable in this City

    • Value Estimation by Request
      8,594 SF

      5500 Franklin St

      Individual retail properties
      5500 Franklin St, Boise, ID 83705
      View Details
    • Value Estimation by Request
      1,336 SF

      1502 Vista Ave

      Restaurants
      1502 Vista Ave, Boise, ID 83705
      View Details
    • Value Estimation by Request
      168,693 SF

      5100-5350 Overland Rd

      Lifestyle centers
      5100-5350 Overland Rd, Boise, ID 83705
      View Details
    • Value Estimation by Request

      I-15 Idaho Usa

      Automotive properties
      I-15 Idaho Usa, Boise, ID 83705
      View Details
    • Value Estimation by Request
      8.76 Acres

      815 Curtis Rd

      COMMERCIAL (GENERAL)
      815 Curtis Rd, Boise, ID 83705-1873
      View Details
    • Value Estimation
      $655,000
      11.40 Acres

      5230 Franklin Rd

      COMMERCIAL (GENERAL)
      5230 Franklin Rd, Boise, ID 83705-1109
      View Details

    Similar Nearby for Sale

    • $1,100,000

      Remodeled Overland Road Retail Property

      Remodeled retail property with high visibility and ample parking.
      3925 Overland Rd, Boise, ID 83705
      View Details
    • Contact for pricing
      2,805 SF

      Mixed-Use Property on Vista Avenue

      Mixed-use property with high visibility and excellent access.
      1015 S Vista Ave, Boise, ID 83705
      View Details
    • Contact for pricing
      4,907 SF

      Value-Add Retail Investment Opportunity

      Two-parcel retail investment with income growth and redevelopment potential.
      725 S Vista Ave, Boise, ID 83705
      View Details
    • Contact for pricing
      4,712 SF

      Boise Retail Investment Opportunity

      Retail property in Boise with A+ credit tenant.
      5161 W Overland Rd, Boise, ID 83705
      View Details
    • Contact for pricing
      14,457 SF

      Redevelopment Opportunity in Boise, ID

      Former Rite Aid for sale or lease in Boise, Idaho.
      5005 W Overland Rd, Boise, ID 83705
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr

      Remodeled Bar & Grill Space

      High-visibility bar and grill with Franklin Rd frontage.
      5500 W Franklin Rd, Boise, ID 83705
      View Details
    • Contact for pricing
      22,500 SF

      Iconic Vista Village Retail Space

      Retail space for lease in Boise's first shopping center.
      808-1124 S Vista Ave, Boise, ID 83705
      View Details
    • Contact for pricing
      1,142 SF

      Retail Space on Orchard Street

      Retail space with open floor plan and ample parking.
      2404 S Orchard St, Boise, ID 83705
      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.
    5500 Franklin St
    Boise, ID 83705
    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
    5500 Franklin St, Boise, ID, 83705
    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!