Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    365 Whitewater Park Blvd Boise, ID 83702-5514
    Back to Search
    Property profile & analytics

    365 Whitewater Park Blvd Boise, ID 83702-5514

    View on Map
    • Commercial real estate
    • 13.90 lot acres
    Off-Market
    Property ID
    US27-0316906
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 365 Whitewater Park Blvd

    Year built
    1996
    Lot size
    13.90 lot acres
    Zone code
    R-2D
    Property type
    Commercial real estate
    APN
    S1004325405
    APU
    S1004325405

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Boise
    County
    Ada
    State
    Idaho
    Longitude
    -116.23
    Latitude
    43.624
    CBSA code
    14260
    CBSA name
    BOISE CITY-NAMPA, ID METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $761,675
    $10,293,200
    $84,667,800
    $94,961,000
    -
    $10,293,200
    $84,667,800
    $94,961,000

    Comparable in this City

    • Value Estimation by Request
      53,818 SF

      Whitewater Park Blvd & Main St

      Retail properties & Spaces • 53,818 SF
      0 Whitewater Park Blvd & Main St, Boise, ID 83702
      View Details
    • Value Estimation
      $1,070,000
      0.82 Acres

      1220 Frnt St

      COMMERCIAL (GENERAL) • 0.82 Acres
      1220 Frnt St, Boise, ID 83702
      View Details
    • Value Estimation by Request
      333 SF

      195 Capitol Blvd Ste, Unit 125

      COMMERCIAL (GENERAL) • 333 SF
      195 Capitol Blvd Ste, Boise, ID 83702-6178
      View Details
    • Value Estimation
      $1,945,000
      16,540 SF

      800 Main St Ste, Unit 1499

      COMMERCIAL (GENERAL) • 16,540 SF
      800 Main St Ste, Boise, ID 83702-5945
      View Details
    • Value Estimation
      $840,000
      4,563 SF

      255 Capitol Blvd, Unit 1602

      COMMERCIAL (GENERAL) • 4,563 SF
      255 Capitol Blvd, Boise, ID 83702-7294
      View Details
    • Value Estimation
      $1,235,000
      10,316 SF

      755 Frnt St Ste, Unit 200

      COMMERCIAL (GENERAL) • 10,316 SF
      755 Frnt St Ste, Boise, ID 83702-5802
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,098 SF

      Mixed-use lot

      Mixed-Use Lot Downtown Boise, 1521 Grove Street
      1521 Grove St, Boise, ID 83702
      View Details
    • Contact for pricing
      80,478 SF

      Class A Office Investment Opportunity

      Class A office building in downtown Boise, 100% occupied.
      401 Front St, Boise, ID 83702
      View Details
    • $345,000
      0.09 Acres

      North Boise Foothills Buildable Lots

      Three adjacent buildable lots with utilities in North Boise Foothills.
      412 W Sherman St, Boise, ID 83702
      View Details
    • $345,000
      0.10 Acres

      North Boise Foothills Buildable Lots

      Three adjacent buildable lots with utilities in place in Boise.
      414 W Sherman St, Boise, ID 83702
      View Details
    • $1,200,000
      2,732 SF

      North End Multifamily Investment Opportunity

      Five-unit property in Boise's desirable North End neighborhood.
      2104 N 18Th St, Boise, ID 83702
      View Details
    • $1,850,000
      0.33 Acres

      Boise View Lot Opportunity

      Premier North Boise lot with panoramic views and city access.
      4335 N Sandpoint Way, Boise, ID 83702
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Historic Boise Building for Lease

      Charming historic building in Boise's North End neighborhood.
      1821 W State St, Boise, ID 83702
      View Details
    • $25 SF/Yr

      Downtown Boise Office with Views

      Prime Boise office space with downtown and foothills views.
      225-237 N 9Th St, Boise, ID 83702
      View Details
    • $15 SF/Yr

      Class A Office Space

      Premium office space with panoramic views in downtown Boise.
      950 W Bannock St, Boise, ID 83702
      View Details
    • $25 SF/Yr
      17,160 SF

      Class A Office Building Downtown

      Premier office spaces available in downtown Boise's Wells Fargo Center.
      877 West Main St, Boise, ID 83702
      View Details
    • Contact for pricing
      535 SF

      Boise Office Space Available

      Office unit available for lease in Boise, Idaho.
      223 N 6Th 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.
    365 Whitewater Park Blvd
    Boise, ID 83702-5514
    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
    365 Whitewater Park Blvd, 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!