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    5005 Overland Rd Boise, ID 83705

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    For Sale
    Contact for pricing

    14,457 SF former Rite Aid; prime redevelopment.

    Property size:
    14,457 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 14,457-square-foot free-standing retail building, formerly a Rite Aid, presents a compelling redevelopment opportunity in Boise, Idaho. Situated on a 1.79-acre lot at the highly visible, signalized intersection of Overland Road and Orchard Street, this property boasts significant traffic counts and unobstructed visibility. Built in 1998, the single-story building features low-maintenance construction, two pylon signs, multiple building signage areas, ample on-site parking (53 stalls, 3.66 per 1,000 sq ft), multiple curb cuts and access points, a drive-through, and a shipping/receiving area with an overhead roll-up door. The interior includes a large sales floor, manager's office, and restrooms. Potential for sale or lease. The property's zoning is City-of-Boise MX-3. This location benefits from strong retail synergy, surrounded by numerous local, regional, and national tenants and professional service providers. It's ideally positioned near major retail developments including the Century Landmark Shopping Center, Costco, Boise Spectrum, and Overland Park Shopping Center, and adjacent to Hillcrest Shopping Center & Golf Course. Detailed demographic reports are available upon request. The sales price and lease rate are negotiable. Contact to schedule a showing.

    Property Features for 5005 Overland Rd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    14,457 SF

    Building Details

    Year Built
    1998
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 14,457 SF former Rite Aid available for sale or lease; prime redevelopment opportunity with strong retail synergy.
    • 1998‑built, low‑maintenance building with high traffic counts, excellent visibility, dual pylon signs, ample signage areas, on‑site parking, multiple access points, drive‑through, and loading dock.
    • Located at the signalized intersection of Overland Road and Orchard Street, two major Treasure Valley thoroughfares.
    • Situated near the "Flying Y" intersection and major retail centers including Century Landmark, Costco, Boise Spectrum, Overland Park, and Hillcrest Shopping Center.
    • Sale price and lease rate are negotiable; contact agents for details and scheduling.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rite Aid Photo Photo Lab Glacier Water Water Purification Company Fatima Walizada Pharmacy Western Union Money Transfer Service higi Health Consultant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Boise
    County
    Ada
    State
    Idaho
    Longitude
    -116.2441178207
    Latitude
    43.58981076958

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    FAQs

    What type of property is this?
    Lifestyle center - 14,457 SF former Rite Aid; prime redevelopment.
    Where is this lifestyle center located?
    The property is located at 5005 Overland Rd Boise, ID.
    What are key features of this property?
    This property features: 14,457 SF former Rite Aid available for sale or lease; prime redevelopment opportunity with strong retail synergy.; 1998-built, low-maintenance building with high traffic counts, excellent visibility, dual pylon signs, ample signage areas, on-site parking, multiple access points, drive-through, and loading dock.; Located at the signalized intersection of Overland Road and Orchard Street, two major Treasure Valley thoroughfares.
    Request Owner's contact information
    5005 Overland Rd Boise, ID 83705
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    Boise, ID 83705
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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
    5005 Overland Rd Boise, ID 83705
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