11297 Overland Rd Boise, ID 83709
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 11297 Overland Rd
- Property type
- Commercial real estate
Description
This exceptional 31,306 square foot land parcel, located at 11297 W Overland Rd in Boise, Idaho (zip code 83709), presents a unique opportunity for office development. Currently zoned for office use, this property offers significant potential. Priced at $250,448, or $8 per square foot, it represents a compelling land value proposition. Situated conveniently west of the Fred Meyer at Overland and 5 Mile roads, the site boasts easy access to major transportation arteries. Internal roads are planned for construction, enhancing accessibility and site utility. A comprehensive due diligence package is available for prospective buyers. This parcel can be combined with seven other adjacent parcels, allowing for expansion or larger-scale development. All utilities are readily available at the site. Note that a new high-density, single-family residential development is slated for construction on adjacent flag lots, beginning in the spring of 2021. The current lease expires December 31, 2024, leaving minimal remaining lease term. This property is ideal for developers seeking a strategic location with excellent infrastructure and future growth potential in a thriving Boise neighborhood.
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
- Boise
- County
- Ada
- State
- Idaho
- Longitude
- -116.32273
- Latitude
- 43.589846
