5855 N. Glenwood & 7979 Marigold
3.51 Acres of Commercial Land Offered at $6,297,500 in Garden City, ID 83714
INVESTMENT HIGHLIGHTS
- 229 Units
- Total rentable SF 219,840
- Views of Boise River, The Foothills and Downtown Boise
- 399 Parking stalls with 254 bike parking spaces
- Near Boise Hawks Stadium, and Idaho Expo
- Amenities: In-ground pool, playground, plaza, art installation, rooftop deck with sitting areas and a public garden
EXECUTIVE SUMMARY
Located at 5855 N Glenwood St, Garden City, Idaho, this entitled 3.51-acre property streamlines development for builders and developers. The seven-story building, standing at 83 feet, includes parking and tenant amenities on the first two floors, with four residential units on the second floor. Floors three through seven house additional residential units.
PROPERTY FACTS
| Price | $6,297,500 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 3.51 AC |
1 LOT AVAILABLE
Lot
| Price | $6,297,500 |
| Price Per AC | $1,794,159.54 |
| Lot Size | 3.51 AC |
3.51 Acres of fully entitled multi-family land.
DESCRIPTION
Situated in Garden City, an area with a rapidly growing population and rising incomes, this property is ideally positioned to meet the increasing demand for high-quality housing. Its strategic location, extensive amenities, and modern residential options offer a prime investment opportunity in a flourishing market.
1 of 1
Bike Score®
Very Bikeable (80)
PROPERTY TAXES
| Parcel Number | R8191507448 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,470,100 |
ZONING
| Zoning Code | C-2 (Commercial proposed zoning) |
