8306 State St, Boise, ID 83714
This exceptional 1.92-acre commercial land parcel presents a remarkable development opportunity in Boise, Idaho. Located at 8306 W. State St, in Ada County, zip code 83714, this property boasts a highly desirable R-3D zoning designation. The site is strategically positioned on State Street, offering significant frontage and visibility. It's also situated at a major commercial corner with North Glenwood Street, providing excellent access and exposure. Full access is also available via Roe Street. The property is already entitled for a 70-unit multi-family development, streamlining the approval process for future projects. Its proximity to a Walmart Supercenter further enhances its appeal and potential for strong returns. This location is within a rapidly growing area of Boise, making this a prime investment opportunity for developers seeking to capitalize on the city's expanding market. The coordinates are 43.674282 latitude and -116.289686 longitude. This is a rare chance to acquire a large, well-located parcel with significant development potential in a thriving Idaho market.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.