5620 Fairview Ave Boise, ID 83706-1167
This 7,033 square foot property, situated on a 0.71-acre lot at 5620 W Fairview Avenue in Boise, Idaho, presents a compelling investment opportunity. Located in the MX-3 zoning district, this property allows for a diverse range of uses, including office, commercial, institutional, and residential development. The existing infrastructure offers a solid foundation for various projects, whether it's converting the space into multifamily housing units or revitalizing it as a thriving motel. Boise's dynamic real estate market offers significant potential for value appreciation, making this a particularly attractive investment. The property's central location provides easy access to key amenities and transportation routes, further enhancing its appeal. The seller is open to carrying a note, offering flexible financing options for qualified buyers. This presents a unique chance to capitalize on Boise's growth and transform this property into a lucrative asset. The City of Boise Zoning Code provides a complete definition of the MX-3 zoning district, which should be reviewed for detailed usage guidelines. The seller retains the right to accept or reject any offer received.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2D · Boise, IDBoise. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.