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28914732
28914757

5114 W Emerald St, Boise, ID 83706

MM
Idaho SP33737
Berkshire Hathaway HomeServices Silverhawk Realty Caldwell
Listed by Berkshire Hathaway HomeServices Silverhawk Realty Caldwell
$2,300,000
198 days on market
Updated 89 days ago
Opportunity zone

5114 W. Emerald

Details
APN R7777816683
Property Type Industrial, Mixed Use
Sub Type Flex
Square Footage 10,628
Net Rentable (SqFt) 10,628
Cap Rate 7.1%
NOI $163,339
Occupancy 90%
Tenancy Multi
Lease Type Modified
Pro-Forma Cap Rate 71.02%
Pro-Forma NOI $1,633,390
Price per SqFt $216
Broker Co-Op Yes
Class B
Year Built 1980
Year Renovated 2020
Buildings 2
Stories 1
Acreage 1.680
Zoning I-1 Industrial Light
Investment Type Stabilized
Tenant Credit No Credit Rating
Ceiling Height 12'
Loading Docks 1
Sale Condition For sale by owner

Industrial | 7.10% CAP | 10,628 SqFt

Marketing description

This nicely configured property includes two Flex Space warehouses that include offices, an Office building with six separate offices, a covered storage area, and locations for four food trucks. It is centrally located in the Boise Metro area off the Very Busy North Orchard and Emerald St. intersection in the Boise Bench Central Rim area. Conveniently located just a few minute drive or bike ride away from Downtown Boise. This up-and-coming area is exploding with opportunity, new business start-ups, restaurants, pubs, etc. Approximately 20,393 cars per day pass north bound on Orchard. This location has easy access to the Downtown Connector I-184. The property is 1.68 acres. Newly chip sealed pavement. Two Flex Space Style warehouses with office space and warehouse space. Fully Sprinkled. The warehouse building has a large, covered storage area of 7,952 square feet on concrete. The office building is 4,153 square feet and split into 6 separate office spaces. And has 4ea city approved food trucks.

Investment highlights

With a mix of industrial, office, storage space and food trucks, this property has a very diverse rental base!

Listing Contacts

MM
Idaho SP33737
Berkshire Hathaway HomeServices Silverhawk Realty Caldwell
Listed by Berkshire Hathaway HomeServices Silverhawk Realty Caldwell

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$163,339.00
$13,611.58/mo

Valuation Metrics

0
DSCR
7.1%
Cap Rate
7.1%
ROI

Map

Zoning

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I-1 IndustrialLight IndustrialLight Industrial
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View all 126 uses
View all 126 uses
Last updated Apr 17, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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