Property profile

3945 Adams St Garden City, ID 83714

OFF-MARKET
Land
Property ID
US27-0183955
0.88 ac lot
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Property summary

AI-generated overview

This exceptional opportunity presents a fully entitled 20-unit townhome development project in desirable Garden City, Idaho. Located at 3945 N Adams St, Boise, ID 83714, this 0.882-acre site (APN: R2734502317, R2734502339, R2734502333) boasts a prime location just one block from the Boise Greenbelt, offering unparalleled pedestrian access to the Treasure Valley. The project includes six buildings – four three-unit buildings and two four-unit buildings (20 residential and 2 common lots) – with all necessary approvals in place. Preliminary plat approval, site construction documents approved by the city, and ACHD plan approvals are complete. Idaho Power design is also finalized, allowing a buyer-builder to commence construction immediately. Zoned R-3, this development offers a compelling investment at $70,000 per door, totaling $1,400,000. The property's convenient access to Chinden Blvd provides easy connectivity to downtown Boise and the western Treasure Valley. Given Garden City's increasing desirability due to its central location, proximity to the greenbelt, and closeness to downtown Boise, this project represents a rare opportunity to capitalize on the high demand for townhomes in this thriving area. This is a turnkey project ready for immediate development.

Property profile

Verified
Property type Land
Lot 0.88 ac (38,420 SF)
UPID US27-0183955

Cap rate & NOI

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

Location

3945 Adams St Garden City, ID 83714
Garden City metro
Google Maps

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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