Property profile

540 16th St Payette, ID 83661

OFF-MARKET
Office Spaces
Property ID
US27-0833003
12,296 SF 1.29 ac lot Built 1974
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3,100 square foot office space presents a unique leasing opportunity in Payette, Idaho. Located at 540 S 16th St, this single-tenant unit boasts high visibility and convenient access, situated just off the main road. The property, built in 1974, is a one-story building within a larger complex totaling 12,296 square feet, situated on 1.29 acres of land. The space features six large offices, a utility room (potentially usable as an additional office), two public entrances, two employee entrances, a reception area, a spacious meeting room, and an open area ideal for a break room. The property includes 40 total parking spaces and is classified as Class C. Its versatile layout makes it suitable for various office uses, including traditional, executive, medical, coworking, and creative office spaces. The location offers employees and clients easy access to numerous dining options and a gas station, all within walking distance. This is an excellent opportunity to establish a presence in a thriving Payette community. The property is ready for immediate occupancy.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1974
Total area 12,296 SF
Lot 1.29 ac (56,192 SF)
APN P16040010010
UPID US27-0833003

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • High School Daycare Center
  • Gym & Fitness Center
  • Medical Clinic
  • Auto Parts Store
  • Association / Organization

Location

540 16th St Payette, ID 83661-3513
Payette metro Census 960200 ONTARIO, OR-ID MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$445k

Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2024
Price N/A
2021
Price N/A
2009
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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