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    16020 Monroe Rd Boise, ID 83716

    Sponsored
    For Sale
    $450,000

    Prime Rail-Served Industrial Land near Boise.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 142-acre industrial property presents a unique investment opportunity in Elmore County, Idaho. Strategically located just 25 minutes from the Boise Airport, this fee-simple land offers unparalleled access to major transportation routes. The property's significant size allows for substantial development potential, catering to a wide range of industrial uses. A key advantage is the existing rail access, providing efficient and cost-effective freight transportation. Furthermore, the site boasts excellent solar potential, with a high-voltage transmission line situated only 1.5 miles away, making it ideal for renewable energy projects. Its proximity to the Ada County line and the Pleasant Valley Solar project underscores its strategic location within a rapidly developing region. The APN is RP01S04E344210A. The asking price for this expansive parcel is $450,000. This property is classified as both commercial and industrial land, offering flexibility for diverse development plans. The address is 16020 E Monroe Rd, Boise, ID 83716.

    Property Features for 16020 Monroe Rd

    General Information

    Property type
    Land
    Lot Size
    6,185,520 SF

    HighLights

    • $450,000 asking price.
    • 142‑acre industrial land parcel.
    • Located in Boise, ID, near the Ada County line in Elmore County.
    • Fee simple ownership.
    • 25 minutes from Boise Airport.
    • Potential for solar development with transmission line 1.5 miles away.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Boise
    County
    Ada
    State
    Idaho
    Longitude
    -115.98437440033
    Latitude
    43.296545056063

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    FAQs

    What type of property is this?
    Land - Prime Rail-Served Industrial Land near Boise.
    Where is this land located?
    The property is located at 16020 Monroe Rd Boise, ID.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: $450,000 asking price.; 142-acre industrial land parcel.; Located in Boise, ID, near the Ada County line in Elmore County.
    Request Owner's contact information
    16020 Monroe Rd Boise, ID 83716
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    Boise, ID 83716
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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
    16020 Monroe Rd Boise, ID 83716
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