16020 Monroe Rd Boise, ID 83716

OFF-MARKET

Land

142 ac lot

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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 type Land

Lot 142 ac (6,185,520 SF)

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

16020 Monroe Rd Boise, ID 83716

Boise metro

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6 recent transactions · within 1.5 mi

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