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Entitled Multifamily Development Site
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9474 9650 & 9700 W State St, Boise, ID 83714

Fully entitled multifamily assemblage site with planned capacity for 296 units and a mix of 1, 2, and 3-bedroom layouts.

Property SizeContact for details
Lot Size11.52 Acres
Days on Market123

Property Features for 9474 9650 & 9700 W State St

General Information

Standard status Active
Lot size 11.52 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 296
Listing Agency: TOK Commercial
Listed By: Sam McCaskill · License #ID 46959
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Apr 12 at 9:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TOK Commercial

Investment Insights

Based on property information with market context.

Tok Commercial presents the opportunity to purchase an 11.52-acre multifamily development site consisting of an assemblage known as Matlock Apartments. The original 9.5-acre site was expanded to support a planned total of 296 units, with a stated mix of 1-, 2-, and 3-bedroom units.

The property includes completed development entitlements, including a fully entitled subdivision plat, comprehensive plan amendment, rezone, and planned unit development (PUD) modification. The remarks also indicate that the buyer will have an opportunity to present their own design approach through design review as horizontal improvements are finalized.

The site’s frontage is along State Street, described in the materials as a main arterial connection for the surrounding area.

Key Highlights

  • 11.52‑acre multifamily development site assemblage (Matlock Apartments).
  • Planned capacity for 296 units with a mix of 1-, 2-, and 3‑bedroom layouts.
  • Fully entitled with subdivision plat, comprehensive plan amendment, rezone, and planned unit development (PUD) modification.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Hair Salon Pharmacy Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

296
Residential units

Location Intelligence

Trade Area within ½ mile

316
Businesses Nearby

Demographics for 83714, ID

26,181
Population
11,672
Households
2.2
Avg Household Size
43
Median Age
45%
College-Educated
94%
High-School Grad
54.2 sq mi
ZIP Area
483
Density / Sq Mi
$86,114
Median Household Income
$43,867
Median Earnings
$1,384
Median Rent
$468,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Fully entitled multifamily assemblage site with planned capacity for 296 units and a mix of 1, 2, and 3-bedroom layouts.
Where is this residential land & home lot located?
The property is located at 9474 9650 & 9700 W State St Boise, ID.
What are key features of this property?
This property features: 11.52‑acre multifamily development site assemblage (Matlock Apartments).; Planned capacity for 296 units with a mix of 1-, 2-, and 3‑bedroom layouts.; Fully entitled with subdivision plat, comprehensive plan amendment, rezone, and planned unit development (PUD) modification.
(208) 947-0804 Call to check price and availability
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