6490 Federal Way Boise, ID 83716
- Commercial real estate
- 4,559 SF
- 1.05 lot acres
Current Use by Public Records
- Chase Bank / Bank / Loan Service
- Chase Mortgage / Loan Service / Bank
- Chase ATM / Atm
Property Details for 6490 Federal Way
- Year built
- 1999
- Lot size
- 1.05 lot acres
- Property size
- 4,559 SF
- Zone code
- C-4D
- Property type
- Commercial real estate
- APN
- R1525500060
- APU
- R1525500060
Description
This exceptional 4,315-square-foot medical office building presents a unique investment opportunity. Situated on a 1.05-acre lot, the single-story building boasts 28 parking spaces and a convenient drive-thru, a rare feature under Boise's updated zoning code. Currently vacant, the property offers flexibility for single or multi-tenant occupancy, divisible to suit tenant needs. Located on a signalized intersection within a thriving Albertsons-anchored shopping center, the property benefits from high visibility and strong co-tenancy, including McDonald's, Stinker, Taco Del Mar, Subway, and UPS. Its strategic location adjacent to Micron's expanding campus, undergoing a $15 billion expansion creating thousands of jobs, ensures long-term growth potential. The MX-2 (Mixed Use: General) zoning allows for diverse uses. Built in 1999, the building features 400 AMPS of power. Property taxes are $3.50 per square foot. This is a remarkable opportunity to acquire a well-located, versatile property in a rapidly growing area. Don't miss this chance to capitalize on Boise's booming economy and the proximity to a major employer.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $945,000
- 6.5%
- $870,000
- 7%
- $810,000
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Location Insight
- Map
- Local Demand
- City
- Boise
- County
- Ada
- State
- Idaho
- Longitude
- -116.155
- Latitude
- 43.5432
- CBSA code
- 14260
- CBSA name
- BOISE CITY-NAMPA, ID METROPOLITAN STATISTICAL AREA
