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8306 State St Boise, ID 83714

OFF-MARKET Land Google Maps
1.92 ac lot
Estimated value
No estimation on file for this property yet.
Property ID US27-0121899

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 1.92 ac (83,635 SF)
UPID US27-0121899

Cap rate & NOI

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

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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