Property profile

5963 Avimor Dr Boise, ID 83714

OFF-MARKET
Retail properties & Spaces
14,394 SF 0.42 ac lot Built 2023
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Property summary

AI-generated overview

This exceptional investment opportunity presents a brand-new, 14,394 square foot multi-tenant office and retail building located at 5963 W. Avimor Dr., Boise, ID 83714. Situated on a 0.416-acre lot (APN R0623562080) within the rapidly growing Avimor master-planned community in Ada County, this property boasts excellent visibility and ample on-site parking. Constructed in 2023, the building features a desirable mix of local service-based tenants secured by long-term leases, generating a strong net operating income (NOI) of $359,800 and a 6.42% cap rate. The asking price is $5,600,000. Avimor's strategic location at the entrance to the community and its projected growth to approximately 8,000 homes ensures sustained demand for commercial space. The property is zoned APD, offering significant potential for future development and appreciation. This is a rare chance to acquire a high-performing asset in a thriving market. The property's strong tenant base and prime location make it an ideal investment for discerning buyers seeking stable income and long-term growth.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2023
Total area 14,394 SF
Lot 0.42 ac (18,121 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5963 Avimor Dr Boise, ID 83714
Boise metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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