8624 Franklin RdBoise, ID 83709

  • Other commercial real estate
  • 7,292 SF
For Sale
$2,750,000 View listing

Property Details for 8624 Franklin Rd

Year built
1963
Lot size
1.11 AC
Property size (Sq ft)
7,292 SF
Zone code
M-1D
Property type
Other commercial real estate
APN
S1112336300
APU
S1112336300

Description

This exceptional 14,950 square-foot industrial/flex space presents a unique investment opportunity in Boise, Idaho. Situated on a 1.11-acre lot with prominent frontage on West Franklin Road, this property offers unparalleled access to major transportation arteries. The building boasts attractive features including grade-level loading doors, a mezzanine level providing valuable office space, and a generous 16-20 foot clear height ceiling, ideal for various industrial uses. Its adaptable design also allows for showroom capabilities, enhancing its versatility. The strategic location provides easy access to Interstate highways and the Boise Connector, ensuring seamless connectivity throughout the region. Nearby amenities include the Boise Town Square Mall, numerous car dealerships, and a concentration of other industrial businesses, creating a thriving commercial environment. Further enhancing the property's potential, there's the possibility of leasing additional yard space from Union Pacific Railroad, expanding the total usable area to approximately 1.8 acres. This property is offered at $2,850,000, with owner financing potentially available at 5% interest-only. This is a rare opportunity to acquire a single-user industrial property in a prime Boise location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,675,439
    Hospitality
    $1,534,693
    Educational
    $1,276,846
    Medical
    $1,320,759
    Retail
    $1,986,206
8624 Franklin Rd, Boise, Idaho
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Location Insight

City
Boise
County
Ada
State
Idaho
Latitude
43.6054
Longitude
-116.29
CBSA code
14260
CBSA name
BOISE CITY-NAMPA, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$10,068
$841,300
$567,600
$1,408,900
-
$841,300
$567,600
$1,408,900

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