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    Property profile & analytics

    3047 Bown Way Boise, ID 83706

    • Commercial real estate
    • 6,624 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US27-0083982
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Lovejoy's Real Ice Cream / Ice Cream Shop

    Property Details for 3047 Bown Way

    Year built
    2024
    Property size
    6,624 SF
    Property type
    Commercial real estate

    Description

    This brand-new, single-story executive office building at 3047 S Bown Way, Boise, ID 83706, offers 1,656 square feet of immediately available space. Located at the highly sought-after Bown Crossing gateway, on the signalized intersection of Parkcenter and Bown Way, this property boasts a prime location. The building, completed in 2024, features a total of 6,624 square feet across multiple suites, with a minimum divisible space of 1,656 square feet and a maximum contiguous space of 4,856 square feet. The property is zoned for Pedestrian Commercial use and has a total of 14 parking spaces. There are no elevators. Property taxes are $3.50 per square foot. The building's APN is R7476720020. This is a fantastic opportunity for businesses seeking modern, efficient office space in a vibrant and accessible location. The available space is ready for immediate occupancy. The building's design caters to the needs of executive offices, offering a professional and productive work environment. With its convenient location and modern amenities, this property presents a compelling investment opportunity. The building consists of one structure.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Boise
    County
    Ada
    State
    Idaho
    Longitude
    -116.15420391284
    Latitude
    43.574976180296

    Comparable in this City

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      Bown Crossing Office Space

      Prime office space in desirable Bown Crossing location.
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      Broadway Avenue Medical Clinic Sublease

      Highly visible medical clinic for sublease near Downtown Boise.
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    Similar Nearby for Lease

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      Broadway Avenue Medical Clinic Sublease

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      View Details
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    3047 Bown Way
    Boise, ID 83706
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    Realmo Value Estimation

    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.

    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.

    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
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