Property profile

213 37th St Garden City, ID 83714

OFF-MARKET
Commercial real estate
Property ID
US27-0025417
6,380 SF 0.69 ac lot Built 1973
Individually Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This 6,380-square-foot industrial property, located at 213 E 37th St, Boise, ID 83714, presents a compelling investment opportunity. Situated in Garden City's dynamic LIVE|WORK|CREATE District, this versatile space boasts C-2 zoning, allowing for a wide array of uses. The building features two shop spaces and six roll-up doors (three 12-foot doors and three 14-foot doors), providing ample access for loading and unloading. A substantial yard complements the building's functionality. Priced at $1,200,000 ($188.09 per square foot), this owner-user investment opportunity is currently vacant with an occupancy date of August 31, 2024. Seller financing options are available. The property's central location within a thriving commercial area makes it ideal for both investors seeking a strong rental market and business owners looking for a prime location. This flex/warehouse space offers a unique blend of functionality and location, making it a highly attractive proposition in the Boise market.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1973
Total area 6,380 SF
Lot 0.69 ac (30,013 SF)
Zoning code C-2
APN R2734520210
UPID US27-0025417

Cap rate & NOI

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

Location

213 37th St Garden City, ID 83714-6417
Garden City metro Census 1100 BOISE CITY-NAMPA, ID METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2022
Price N/A
2006
Price N/A

Zoning & alternative use

C-2 · Garden City, ID
Zoning description

Mixed use commercial (C-2) No maximum This zoning district is intended to implement the Comprehensive Plan’s vision for mixed-use commercial and activity nodes. The designation may be appropriate to implement the Compreh…

General category MIXED_USE

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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