This exceptional two-story, 5,755 square foot executive office building presents a rare investment opportunity. Located directly across from Micron's headquarters and its $15 billion expansion in Boise, Idaho, this property offers unparalleled visibility and access. Situated on 1.26 acres in the M-1D Light Industrial District/Design Review zone, the building boasts 27 parking spaces and ample room for expansion. Built in 2006, the Class B building features a daylight basement, providing additional usable space. The property enjoys prime exposure on Federal Way, with existing freeway signage visible to over 31,000 vehicles daily, ensuring high brand recognition. Its convenient location offers easy access to I-84, the Boise Airport, and other major manufacturers, making it ideal for tech-related enterprises, subcontractors, and vendors serving Micron and the surrounding industrial hub. The abundant parking and excess land provide significant potential for future development or yard space, catering to businesses requiring both office and operational space. This is a strategic acquisition for companies seeking a prominent and functional presence in a rapidly growing area of Southeast Boise. The asking price is $1,800,000, with a price per square foot of $312.77. The property's zoning allows for a variety of light industrial uses, including manufacturing, assembly, fabrication, and technology-related businesses.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$1,228,642
Hospitality
$1,125,430
Educational
$936,344
Medical
$968,547
Retail
$1,456,536
Location Insight
City
Boise
County
Ada
State
Idaho
Latitude
43.5312
Longitude
-116.153
CBSA code
14260
CBSA name
BOISE CITY-NAMPA, ID METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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