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    11297 Overland Rd Boise, ID 83709

    Sponsored
    For Sale
    $250,448

    $250K, 31K sq ft lot, Office Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 31,306 square foot land parcel, located at 11297 W Overland Rd in Boise, Idaho (zip code 83709), presents a unique opportunity for office development. Currently zoned for office use, this property offers significant potential. Priced at $250,448, or $8 per square foot, it represents a compelling land value proposition. Situated conveniently west of the Fred Meyer at Overland and 5 Mile roads, the site boasts easy access to major transportation arteries. Internal roads are planned for construction, enhancing accessibility and site utility. A comprehensive due diligence package is available for prospective buyers. This parcel can be combined with seven other adjacent parcels, allowing for expansion or larger-scale development. All utilities are readily available at the site. Note that a new high-density, single-family residential development is slated for construction on adjacent flag lots, beginning in the spring of 2021. The current lease expires December 31, 2024, leaving minimal remaining lease term. This property is ideal for developers seeking a strategic location with excellent infrastructure and future growth potential in a thriving Boise neighborhood.

    Property Features for 11297 Overland Rd

    General Information

    Property type
    Land

    HighLights

    • 31,306 SF land parcel in Boise, ID (83709) zoned for office use.
    • $250,448 asking price ($8/SF).
    • Excellent location west of Fred Meyer at Overland & 5 Mile Roads.
    • Planned internal roads improve accessibility.
    • Combines with seven adjacent parcels for larger development.
    • All utilities available on‑site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -116.32273
    Latitude
    43.589846

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    FAQs

    What type of property is this?
    Land - $250K, 31K sq ft lot, Office Zoning
    Where is this land located?
    The property is located at 11297 Overland Rd Boise, ID.
    What is the asking price?
    The asking price for this property is $250,448.
    What are key features of this property?
    This property features: 31,306 SF land parcel in Boise, ID (83709) zoned for office use.; $250,448 asking price ($8/SF).; Excellent location west of Fred Meyer at Overland & 5 Mile Roads.
    (208) 861-9909
    Request Owner's contact information
    11297 Overland Rd Boise, ID 83709
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    Boise, ID 83709
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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
    11297 Overland Rd Boise, ID 83709
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