709 N Cole Rd 1.64 Acres of Residential Land Offered at $2,280,000 in Boise, ID 83704
INVESTMENT HIGHLIGHTS
- 76-unit development site on 1.64 acres
- Blocks from major retailers
- Rare infill location minutes from downtown Boise
- Direct access to I-84 Boise Connector
EXECUTIVE SUMMARY
Berkadia Boise Investment Sales is pleased to present a rare 1.64-acre development site entitled for 76 multifamily units less than five miles from downtown Boise. The site benefits from its high level of visibility along Cole Road and the I-84 Boise Connector, and its proximity to various retail and restaurants including the Boise Towne Square Mall, Cabela’s, REI, Costco, Chick-fil-A, and In-N-Out.
The proposed development will provide much needed, high-quality housing for employees of nearby employers such as St. Alphonsus Regional Medical Center, Simplot, Clearwater Analytics, and St. Luke's Health System.
The proposed development will provide much needed, high-quality housing for employees of nearby employers such as St. Alphonsus Regional Medical Center, Simplot, Clearwater Analytics, and St. Luke's Health System.
PROPERTY FACTS
| Price | $2,280,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 1.64 AC |
| Zoning | MX-3/DA |
1 LOT AVAILABLE
Lot
| Price | $2,280,000 |
| Price Per AC | $1,390,243.90 |
| Lot Size | 1.64 AC |
PROPERTY TAXES
| Parcel Number | S1112417212 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $856,700 |
