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3515 W State St
1 Acre of Commercial Land Offered at $2,100,000 in Boise, ID 83703
Investment Highlights
- Traffic count of 31,000 VPD
- Full set of renderings available upon request
- Alternatively, could be a great opportunity for a restaurant owner/user, with a 4,043 SF turn-key bar and grill building
- State St. will be the first major corridor in Boise to implement the Bus Rapid Transit program- bus service every 15 minutes each weekday
- Property owns the land rights to a 2-sided billboard from Lamar Advertising. The contract with Lamar runs through 2037.
Executive Summary
Property Facts
| Price | $2,100,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 1.00 AC |
| Property Type | Land |
| Price | $2,100,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 1.00 AC |
1 Lot Available
Lot
| Price | $2,100,000 | Lot Size | 1.00 AC |
| Price Per AC | $2,100,000 |
| Price | $2,100,000 |
| Price Per AC | $2,100,000 |
| Lot Size | 1.00 AC |
Full set of renderings available upon request
Description
Lee & Associates is pleased to present the opportunity for a “shovel ready” development project for a 40-unit apartment complex. Already has entitlement, topographic survey, engineering, architecture, full set of building plans, and initial permit review costs paid for. The building plans were submitted to the City of Boise for permits in May, and have passed through several stages of approval already.
PROPERTY TAXES
| Parcel Number | S0632417243 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,100,800 |
PROPERTY TAXES
zoning
| Zoning Code | MX-3 (Mixed usage proposed) |
| MX-3 (Mixed usage proposed) |
Presented by
3515 W State St
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