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3rd Quarter 2024 – Boise Area Industrial Sales

Property Address Property City Sale Price Price/SF Size Acres Sale Date Year Built Comments 4095 S Gekeler Ln Southeast Boise $5,301,100 $134.83 39,316 4.22 10/4/2024 1955 Multiple building property 4747 N Glenwood St Garden City $1,450,000 $181.02 8,010 0.57...

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3rd Quarter 2024 – Boise Area Office Sales

Property Address Property City Sale Price Price/SF Size Acres Sale Date Year Built Comments 825 W Deer Flat Road Kuna $2,065,000 $360.00 6,250 0.54 9/30/2024 2021 Medical Office Investment 1751 Overland Ave South Boise $210,000 $262.50 800 0.13 9/30/2024 1940 Office...

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Reno/Sparks 2024 1st Quarter Industrial Comparables

  APN Situs Sales Date Price Price/SF Year Blt Bldg Type Bldg SF Zoning Acres 025-470-19 5301 LONGLEY LN E 04/12/2024 $4,687,076 $170.64 1990 Industrial Flex Building 27,468 IC 1.29 025-470-28 5325 LOUIE LN 04/12/2024 $3,677,384 $154.93 1990 Industrial Flex...

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Reno/Sparks Industrial Sales over past 6 Months

APN Situs Sales Date Price Price/SF Year Blt Bldg Type Bldg SF Zoning Acres 012-610-16 650 S ROCK BLVD 16 02/01/2024  $670,000 $143.93 1978 Industrial Flex Building 4,655 IC 0.11 025-600-20 3550 BARRON WAY  02/01/2024  $275,000 $275.00 1996 Industrial Flex Building...

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What is a Broker Opinion of Value (BOV)?

,A crucial instrument in the field of Commercial Real Estate is the Broker Opinion of Value (BOV). A licensed broker's professional estimate, or BOV, provides a basic grasp of a commercial property's market value. While BOV does not replace a formal appraisal, it does...

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What are Industrial Rental Rates Doing in Your Market?

Written by Ken Stark In Q3 2023, Northern Nevada's industrial market exhibited resilience with moderate tenant demand and consistent deliveries. Vacancy rates stabilized at 4.6%, a welcome change after dipping below 1% in 2022. Direct asking rents experienced a slight...

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Seller Financing in a Tighter Credit Market

We are all hearing the news about commercial loans becoming a potential problem over the next few years and a direct result of over-leveraged lenders is a tightening of new and future loans.  One of the best solutions may be Seller Financing. Seller Financing offers...

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