Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    1721 Five Mile Rd Boise, ID 83713

    Sponsored
    For Sale
    Contact for pricing

    0.97 Acres, Prime Location, Build-to-Suit

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.97-acre parcel presents a prime opportunity for mixed-use development in Boise, Idaho. Strategically located at the high-traffic, signalized intersection of Fairview Avenue and Five Mile Road, this build-ready site boasts unparalleled visibility and accessibility within the thriving Treasure Valley. The property is zoned MX-3 by the City of Boise, allowing for a diverse range of development options. Its location offers strong retail synergy, surrounded by a mix of local, regional, and national businesses and professional services, supported by a robust demographic profile. The site is conveniently situated east of one of Idaho's busiest intersections (Eagle Road & Fairview Avenue), in close proximity to major retail developments including The Village at Meridian, Meridian Crossroads, Meridian Town Center, and Millstone Market Place. An adjacent 15,444 square foot building on 1.8 acres (former Rite Aid) is also available for purchase or lease, offering potential for synergistic development. All utilities are available to the site. The sales price, ground lease terms, and build-to-suit options are negotiable, accommodating various development scenarios. This property offers immediate availability and presents a unique chance to capitalize on a high-demand location in a rapidly growing market. The parcel number is S1103449211. Five Mile Road boasts a daily traffic count of 23,500 vehicles.

    Property Features for 1721 Five Mile Rd

    General Information

    Property type
    Land
    Lot Size
    42,253 SF

    HighLights

    • High‑visibility mixed‑use land at the Fairview Ave & Five Mile Rd intersection in Boise's Treasure Valley.
    • MX‑3 zoning allows for diverse development options.
    • Excellent retail location with strong surrounding tenant mix and demographics.
    • Proximity to major retail centers including The Village at Meridian and Meridian Crossroads.
    • Adjacent 15,444 SF building (former Rite Aid) on 1.8 acres is available for separate or combined purchase/lease.
    • Negotiable sales price, ground lease, and build‑to‑suit options are available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Boise
    County
    Ada
    State
    Idaho
    Longitude
    -116.31419377671
    Latitude
    43.620098234888

    Nearby Similar for Sale

    • $870,000
      2,730 SF

      Remodeled Duplex with Expansion Potential

      Remodeled duplex with potential for a third unit, fully furnished.
      2513 N 31St St, Boise, ID 83703
      View Details
    • $2,950,000
      2,163 SF

      Boise Shooting Range and Home

      Established shooting range with home on 159+ acres near Boise.
      14000 E Double Tapp Ln, Boise, ID 83716
      View Details
    • $1,168,899
      3,871 SF

      New Boise Triplex Near I-84

      New triplex near I-84, fully leased until April 2026.
      6726 W Overland Rd, Boise, ID 83709
      View Details
    • $1,025,000
      3,656 SF

      Boise Fourplex Investment Opportunity

      Fourplex in Boise Bench area, close to amenities.
      33 S Mike St, Boise, ID 83706
      View Details
    • $649,900
      2,157 SF

      Remodeled Duplex in Downtown Boise

      Fully remodeled duplex near BSU, shopping, and downtown Boise.
      716 W Linden St, Boise, ID 83706
      View Details
    • $647,880
      1,821 SF

      Stylish Townhome Near Downtown Boise

      Modern townhome with stunning views, close to downtown Boise.
      1717 S Federal Way, Boise, ID 83705
      View Details
    • $665,000
      Pending

      Boise Duplex with Rental Income

      Well-maintained duplex in Boise with strong rental potential.
      9495-9497 W Edna St, Boise, ID 83704
      View Details
    • $1,900,000
      11,000 SF

      Boise Bench Church Opportunity

      Versatile 11,000 sq ft Boise Bench property for community use.
      408 N Garden St, Boise, ID 83706
      View Details
    • $979,000
      2,329 SF

      Boise West End Charmer

      Updated single-level home with cash-flowing ADU near downtown Boise.
      501/503 26Th St, Boise, ID 83702
      View Details
    • $549,000
      1,766 SF

      New Townhomes Near Downtown Boise

      Modern townhomes with rental potential near Boise's Greenbelt and downtown.
      118 E Pennsylvania St, Boise, ID 83706
      View Details
    • $1,349,800
      0.30 Acres

      High-End Model Home Investment

      NNN leaseback opportunity in Boise, backed by corporate guarantees.
      13641 N Sage Grouse Pl, Boise, ID 83714
      View Details
    • $795,000
      2,547 SF

      Modern Townhomes Near Downtown Boise

      Luxury townhomes with rooftop patios, ideal for high-end tenants.
      2043 S Makar Ln, Boise, ID 83706
      View Details

    FAQs

    What type of property is this?
    Land - 0.97 Acres, Prime Location, Build-to-Suit
    Where is this land located?
    The property is located at 1721 Five Mile Rd Boise, ID.
    What are key features of this property?
    This property features: High-visibility mixed-use land at the Fairview Ave & Five Mile Rd intersection in Boise's Treasure Valley.; MX-3 zoning allows for diverse development options.; Excellent retail location with strong surrounding tenant mix and demographics.
    Request Owner's contact information
    1721 Five Mile Rd Boise, ID 83713
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1721 Five Mile Rd
    Boise, ID 83713
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1721 Five Mile Rd Boise, ID 83713
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.