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    OFF-MARKET
    Land

    16020 Monroe Rd, Boise, ID 83716

    142 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 142-acre industrial property presents a unique investment opportunity in Elmore County, Idaho. Strategically located just 25 minutes from the Boise Airport, this fee-simple land offers unparalleled access to major transportation routes. The property's significant size allows for substantial development potential, catering to a wide range of industrial uses. A key advantage is the existing rail access, providing efficient and cost-effective freight transportation. Furthermore, the site boasts excellent solar potential, with a high-voltage transmission line situated only 1.5 miles away, making it ideal for renewable energy projects. Its proximity to the Ada County line and the Pleasant Valley Solar project underscores its strategic location within a rapidly developing region. The APN is RP01S04E344210A. The asking price for this expansive parcel is $450,000. This property is classified as both commercial and industrial land, offering flexibility for diverse development plans. The address is 16020 E Monroe Rd, Boise, ID 83716.

    Property profile
    Verified
    Property type Land
    Lot 142 ac (6,185,520 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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