For Sale
$4,675,000

5443 Glenwood St Boise, ID 83714

2.05 Acres, 170 Units, Entitled

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 2.05-acre parcel in Boise, Idaho (APN R8191508280), offers a fully entitled opportunity to develop a seven-story, 170-unit multifamily building. Zoned C-2, this prime location at 5443 N Glenwood St, Boise, ID 83714, boasts excellent visibility on Glenwood Street, offering stunning views of the Boise River, downtown Boise, and the foothills. The project plan includes 160,120 square feet of rentable space, with a mix of 90 one-bedroom units (725-892 sq ft) and 80 two-bedroom units (987-1,126 sq ft). Ample parking is provided with 406/410 total stalls, including standard, compact, ADA accessible, and bicycle parking. The design incorporates parking on the first two floors, maximizing space efficiency. This development presents a significant advantage with its pre-approved plans, significantly reducing development time and effort. The property's location within the rapidly growing Garden City area, coupled with rising incomes and a strategic location, makes this a compelling investment opportunity in a booming market. The asking price is $4,675,000.

Highlights

  • 160,120 square feet of total rentable area.
  • High visibility from Glenwood Avenue, a major north-south thoroughfare.
  • Enjoy scenic views of the Boise River, downtown Boise, and the foothills.
  • Unit mix: 90 one-bedroom units (725-892 sq ft) and 80 two-bedroom units (987-1,126 sq ft).
  • Ample parking: 406 of 410 stalls available, including 345 standard, 57 compact, 8 ADA accessible, and 247 bicycle spaces.

Property Details for 5443 Glenwood St

Property type
Land
Lot Size (sq. ft)
89,298 SF

Location Insight

City
Boise
County
Ada
State
Idaho
Latitude
43.654482393861
Longitude
-116.28099142674

FAQs

What type of property is this?
Land - 2.05 Acres, 170 Units, Entitled
Where is the land located?
The property is located at 5443 Glenwood St Boise, ID.
What is the asking price?
The asking price for this property is $4,675,000.
What are key features of this property?
This property features: 160,120 square feet of total rentable area.; High visibility from Glenwood Avenue, a major north-south thoroughfare.; Enjoy scenic views of the Boise River, downtown Boise, and the foothills.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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5443 Glenwood St
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