1721 Five Mile Rd, Boise, ID 83713
This exceptional 0.97-acre mixed-use development parcel presents a prime investment opportunity in Ada County, Idaho. Strategically located at the high-traffic intersection of Five Mile Road and Fairview Avenue, this build-ready site boasts 23,500 cars per day passing on Five Mile Road. The property is zoned City-of-Boise MX-3, allowing for a diverse range of development options, including medical, commercial, traditional office, and executive office spaces. Utilities are readily available on-site. The minimum divisible square footage for build-to-suit projects is 8,500 square feet, with a total building capacity of 1,200 square feet. This location offers exceptional retail synergy, surrounded by established local, regional, and national businesses, benefiting from a strong demographic profile. Its proximity to major retail centers such as The Village at Meridian and Meridian Crossroads further enhances its appeal. An adjacent 15,444 square foot building on 1.8 acres (former Rite Aid) is also available for separate purchase or lease, presenting potential for synergistic development. The sales price, ground lease terms, and build-to-suit rates are all negotiable. The parcel number is S1103449211. This is a truly unique opportunity to capitalize on a high-demand location within a thriving commercial corridor. Interested parties are encouraged to explore the detailed demographic reports and zoning information available online.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.