Technical
Financial
Distress signals
Property profile

1721 Five Mile Rd Boise, ID 83713

OFF-MARKET
Land
Property ID
US27-0203397
0.97 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 0.97-acre parcel presents a prime opportunity for mixed-use development in Boise, Idaho. Strategically located at the high-traffic, signalized intersection of Fairview Avenue and Five Mile Road, this build-ready site boasts unparalleled visibility and accessibility within the thriving Treasure Valley. The property is zoned MX-3 by the City of Boise, allowing for a diverse range of development options. Its location offers strong retail synergy, surrounded by a mix of local, regional, and national businesses and professional services, supported by a robust demographic profile. The site is conveniently situated east of one of Idaho's busiest intersections (Eagle Road & Fairview Avenue), in close proximity to major retail developments including The Village at Meridian, Meridian Crossroads, Meridian Town Center, and Millstone Market Place. An adjacent 15,444 square foot building on 1.8 acres (former Rite Aid) is also available for purchase or lease, offering potential for synergistic development. All utilities are available to the site. The sales price, ground lease terms, and build-to-suit options are negotiable, accommodating various development scenarios. This property offers immediate availability and presents a unique chance to capitalize on a high-demand location in a rapidly growing market. The parcel number is S1103449211. Five Mile Road boasts a daily traffic count of 23,500 vehicles.

Property profile

Verified
Property type Land
Lot 0.97 ac (42,253 SF)
UPID US27-0203397

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1721 Five Mile Rd Boise, ID 83713
Boise metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1721 Five Mile Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message