Property profile

2125 Hospitality Ln Boise, ID 83716

OFF-MARKET
Land
Property ID
US27-0229715
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Property summary

AI-generated overview

This exceptional 0.8-acre commercial land parcel presents a unique investment opportunity in Ada County, Idaho. Located on Gowen Road, this fully improved lot boasts excellent visibility and accessibility, shadow-anchored by an Albertsons grocery store. The property's strategic location offers significant advantages, with frontage along Gowen Road and proximity to a thriving commercial corridor. Nearby businesses include McDonald's, Sherwin-Williams, Modern Dental, Stinker, Taco Del Mar, Subway, and UPS, ensuring high traffic and customer visibility. The site is zoned MX-2 (Mixed Use: General), allowing for a variety of commercial uses, including single-story drive-thru establishments. This flexibility makes it suitable for a wide range of businesses seeking a prime location. Furthermore, the property's adjacency to Micron's campus, currently undergoing a massive $15 billion expansion, presents an unparalleled opportunity to capitalize on the significant population and employment growth in the area. This expansion is projected to create approximately 2,000 direct Micron jobs and a total of approximately 17,000 community jobs, further enhancing the long-term value and potential of this exceptional property. The land is available for lease or build-to-suit, offering flexibility to meet individual business needs. This is a rare opportunity to secure a prime commercial location in a rapidly growing area.

Property profile

Verified
Property type Land
UPID US27-0229715

Cap rate & NOI

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

Location

2125 Hospitality Ln Boise, ID 83716
Boise metro
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Value estimations

Realmo proprietary · 4 methods
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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
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