7789 Federal WayBoise, ID 83716

  • Commercial real estate
  • 5,755 SF
For Sale
$1,800,000 View listing

Property Details for 7789 Federal Way

Year built
2006
Lot size
1.26 AC
Property size (Sq ft)
5,755 SF
Zone code
M-1D
Property type
Commercial real estate
APN
S1606336400
APU
S1606336400

Description

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

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
$5,926
$362,200
$375,800
$738,000
-
$362,200
$375,800
$738,000

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