132 West Main St Boise, ID 83702
For Sale
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This exceptional 0.42-acre development site in Boise, Idaho, presents a unique opportunity for investors and developers. Located at 132 Main St, in the heart of downtown Boise's historic district (APN R1013002440, zoned R-OHD), this shovel-ready project boasts full historic district approval. The approved plans encompass the construction of a seven-unit luxury condominium complex, designed to cater to the high demand for upscale residential living in this vibrant city center. The prime location offers unparalleled access to major business hubs, retail centers, and cultural landmarks, making it an ideal location for professionals, families, and retirees seeking a sophisticated and convenient lifestyle. The project's design prioritizes a blend of modern living spaces and the charm of Boise's historic district, promising an exclusive living experience. This is a rare opportunity to capitalize on the strong market demand for luxury condominiums in a highly desirable downtown location. The property's size and zoning provide flexibility for development, ensuring a high return on investment. This is a truly exceptional opportunity to develop a premier residential property in the heart of Boise.
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
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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.