Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Capitol & Front St Boise, ID 83702
    Back to Search
    Property profile & analytics

    Capitol & Front St, Boise, ID 83702

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

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Capitol & Front St

    Year built
    2005
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional retail opportunity is located in the vibrant BoDo Lifestyle Center in the heart of Downtown Boise, Ada County. The property, built in 2005 and zoned City of Boise C-5/DD, offers multiple tenancy options within a single building. Currently, 1,818 square feet of vacant space is available, with a minimum divisible space of 1,818 square feet and a maximum contiguous space of 3,087 square feet. The space is ideal for a variety of retail or restaurant uses, with Suites 345 and 860 specifically designed for restaurants, complete with hoods and grease traps. This location benefits from high foot traffic throughout the day and night, situated at the intersection of Capitol and Front Street, near Myrtle Street. The BoDo Lifestyle Center is uniquely positioned within Boise's only lifestyle center, surrounded by significant recent developments, including the JUMP facility, Simplot Headquarters, and numerous new hotels and multifamily residential projects. The landlord is known for their creative approach to lease negotiations. A Warehouse Food Hall is now open within the center, further enhancing the vibrancy and draw of this location. This is a rare chance to establish a presence in one of Boise's most dynamic and rapidly growing areas.

    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
    -116.204
    Latitude
    43.6135

    Comparable in this City

    • Value Estimation by Request
      64,000 SF

      600 Front St

      Restaurants
      600 Front St, Boise, ID 83702
      View Details
    • Value Estimation by Request

      808 Fort St

      Restaurants
      808 Fort St, Boise, ID 83702
      View Details
    • Value Estimation by Request
      53,818 SF

      Whitewater Park Blvd & Main St

      Retail properties & Spaces
      0 Whitewater Park Blvd & Main St, Boise, ID 83702
      View Details
    • Value Estimation by Request
      364,000 SF

      1099 Front St

      Neighborhood centers
      1099 Front St, Boise, ID 83702
      View Details
    • Value Estimation by Request
      103,306 SF

      512 11Th St

      Distribution properties
      512 11Th St, Boise, ID 83702
      View Details
    • Value Estimation by Request
      161,405 SF

      395 Bannock St

      Office Spaces
      395 Bannock St, Boise, ID 83702
      View Details

    Similar Nearby for Sale

    • $6,700,000

      Downtown Boise Redevelopment Opportunity

      Prime downtown location with income and redevelopment potential.
      2600 W Fairview Ave, Boise, ID 83702
      View Details
    • Contact for pricing
      1,725 SF

      Prime Retail Location in Boise

      Highly visible retail space near downtown and the North End.
      1522 W State St, Boise, ID 83702
      View Details
    • $2,500,000

      Prime Retail Opportunity in Boise

      Retail building with warehouse space in a developing area.
      2310 W Fairview Ave, Boise, ID 83702
      View Details
    • Contact for pricing

      Downtown Boise Redevelopment Opportunity

      Rare redevelopment opportunity in a dynamic, supply-constrained Boise submarket.
      615 S 9Th St, Boise, ID 83702
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      24,390 SF

      Prime Retail Space Available

      High-visibility retail space with drive-thru and flexible leasing options.
      1515 W State St, Boise, ID 83702
      View Details
    • Contact for pricing
      1,040 SF

      Downtown Boise Retail Space

      Former Tropical Smoothie Café space in the heart of Grove Plaza.
      777-801 W Main St, Boise, ID 83702
      View Details
    • $18 SF/Yr

      Downtown Boise Retail Leasing Opportunity

      Prime downtown Boise location suitable for retail, restaurant, or fitness.
      1021 W Main St, Boise, ID 83702
      View Details
    • Contact for pricing
      6,526 SF

      Downtown Boise Retail/Office Space

      Flexible commercial space in downtown Boise near popular amenities.
      1114 W Front St, Boise, ID 83702
      View Details
    • Contact for pricing

      Downtown Boise Mixed-Use High-Rise

      Flexible retail, restaurant, and office space in downtown Boise.
      120 N 12Th St, Boise, ID 83702
      View Details
    • Contact for pricing

      Prime Downtown Boise Corner Location

      High-visibility space in downtown Boise suitable for various businesses.
      1201 W Grove St, Boise, ID 83702
      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.
    Capitol & Front St
    Boise, ID 83702
    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
    Capitol & Front St, Boise, ID, 83702
    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!