5855 Glenwood St. & 7979 Garden City, ID 83714
- Land
- 3.51 lot acres
Current Use by Public Records
- Land
Property Details for 5855 Glenwood St. & 7979
- Lot size
- 3.51 lot acres
- Property type
- Land
Description
This exceptional 3.51-acre parcel in Garden City, Idaho, presents a remarkable opportunity for multifamily development. Zoned C-2, the property is fully entitled for a seven-story building encompassing approximately 219,840 square feet of rentable space. The proposed design includes 229 residential units, a substantial 399-stall parking garage with an additional 254 bike parking spaces. Amenities are extensive, featuring an in-ground pool, playground, plaza, art installation, and a rooftop deck with sitting areas and a public garden. Indoor amenities include a convenient dog wash, all located on the ground floor and within the common building and rooftop. Residents will enjoy breathtaking views of the Boise River, the foothills, and downtown Boise. The property's strategic location near Boise Hawks Stadium and the Idaho Expo further enhances its appeal. With a rapidly growing population and rising incomes in Garden City, this development promises strong returns. APN: R8191507450, R8191507460. Asking price: $6,297,500. This is a truly exceptional investment opportunity in a thriving market. The address is 5855 N. Glenwood St. & 7979 W. Marigold, Garden City, ID 83714.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Garden City
- County
- Ada
- State
- Idaho
- Longitude
- -116.28
- Latitude
- 43.6586