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Property profile & analytics
OFF-MARKET
Commercial real estate

300 Orch St Boise, ID 83706-1627

5,652 SF 1.35 ac lot Built 1959
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US27-1089941
Property summary
AI-generated overview

This exceptional 1.35-acre parcel presents a unique investment opportunity in the heart of Boise, Idaho. Situated just minutes from downtown, this land offers unparalleled access to Boise's vibrant city center, encompassing a diverse range of dining, shopping, entertainment, and cultural attractions. The property is ideally positioned to capitalize on the strong demand for multi-family housing in this thriving urban area. City of Boise approvals are already in place for a proposed 78-unit multi-family development, streamlining the development process and minimizing potential delays. This pre-approved plan provides a solid foundation for a swift and efficient project launch, allowing for immediate commencement of construction upon acquisition. The substantial lot size allows for ample space to create a high-quality residential community, catering to a wide range of residents. This is a rare chance to acquire a fully permitted development site in a highly sought-after location, promising significant returns on investment. The convenience of the downtown proximity, coupled with the streamlined development process, makes this an exceptional opportunity for experienced developers seeking a prime location for a lucrative multi-family project. The existing approvals significantly reduce risk and expedite the timeline to completion, making this a compelling investment proposition. This offering is for the land only

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1959
Total area 5,652 SF
Lot 1.35 ac (58,806 SF)
Zoning code C-2D
APN R7777803212
UPID US27-1089941
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • CJSD Holdings Inc Holding Company
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Joshnik Lllp · 9 yrs held
Joshnik Lllp
since 2017
5 recorded transactions
2017
Price N/A
2011
Price N/A
2008
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-2D · Boise, ID
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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