11880 Overland Rd Boise, ID 83709
This exceptional 3.506-acre commercial land parcel presents a fully entitled development opportunity in Boise, Idaho. Located at the strategic intersection of Overland and Cloverdale Roads, this R-3 zoned property (APN: S1115336405) offers unparalleled access to major highways, public transportation, and local amenities. Boise's robust population growth and high demand for housing create a compelling investment climate. The site is ideally suited for a multifamily residential development, with plans already in place for a modern, sustainable complex featuring studio, one, and two-bedroom units across two buildings. This project is designed to meet the growing need for high-quality, accessible housing in the area, promising strong occupancy rates and rental income growth. The property's prime location and the supportive Boise investment community contribute to its significant potential for return. This is a rare chance to capitalize on Boise's thriving real estate market and contribute to the city's expanding residential landscape. The property's address is 11880 W Overland Rd, Boise, ID 83709, within Ada County. This fully entitled project offers a streamlined path to development, minimizing delays and maximizing efficiency. The cost-efficient design of the planned units further enhances the project's financial viability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.