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    3000 State St Boise, ID 83703

    Sponsored
    For Sale
    $1,800,000

    Boise commercial property, high visibility, vacant.

    Property size:
    2,956 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property, located at 3000 W. State St., Boise, ID 83703, presents a unique investment opportunity. The 2,956 square foot building sits on a 0.51-acre lot (APN R1624004700) and is zoned MX-4 Mixed Use, allowing for a variety of commercial applications. Currently vacant, this single-story building offers high visibility to over 33,000 vehicles daily, boasting the largest available business signage and water service volume in the area. Its prime location on State Street places it within close proximity to downtown Boise and the highly anticipated mixed-use development on the former ITD property. The property benefits from its position within the Urban Renewal District and provides five convenient access points – two from State Street and three from N 30th Street. The asking price is $1,800,000, translating to $608.93 per square foot. Seller financing may be available. This is a rare chance to acquire a prominent commercial property in a rapidly developing area of Boise.

    Property Features for 3000 State St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,956 SF
    Lot Size
    22,216 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • Seller financing offered.
    • High visibility: Over 32,000 cars daily on State Street.
    • Proximity to a new mixed‑use development.
    • Five access points: Two on State Street, three on North 30th Street.
    • Situated in the Urban Renewal District.
    • Maximum allowable signage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ace Auto Sales Used Car Dealer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boise
    County
    Ada
    State
    Idaho
    Longitude
    -116.22578637339
    Latitude
    43.633913920002

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    FAQs

    What type of property is this?
    Mixed-use property - Boise commercial property, high visibility, vacant.
    Where is this mixed-use property located?
    The property is located at 3000 State St Boise, ID.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: Seller financing offered.; High visibility: Over 32,000 cars daily on State Street.; Proximity to a new mixed-use development.
    (208) 501-4321
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    3000 State St Boise, ID 83703
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    Boise, ID 83703
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3000 State St Boise, ID 83703
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