200 37Th StBoise, ID 83714

Property Details for 200 37Th St

Year built

1978

Lot size

2.75 AC

Property size (Sq ft)

50,938 SF

Zone code

C-2

Property type

Other commercial real estate

APN

R2734520345

APU

R2734520345

Description

This exceptional 2.7-acre parcel in Boise, Idaho, presents a unique opportunity for multifamily development. Located at 200 W 37th St, in Ada County, zip code 83714, this C-2 zoned land boasts pre-approved plans for a 220-unit residential complex, approved February 12, 2024. The property's prime location offers unparalleled convenience, with just a two-minute drive to Interstate 84, ensuring optimal commuter access. Residents will enjoy proximity to the Boise greenbelt, Esther Simplot Park, and Quinn's Pond, as well as a vibrant array of breweries, restaurants, and retail establishments. The planned development includes premium amenities designed to enhance resident lifestyles. These amenities will feature a playground with a dog run, a community garden, grilling areas, a courtyard with a swimming pool, and a rooftop deck offering breathtaking, unrestricted views of the Boise River, foothills, and downtown Boise. Furthermore, this location qualifies for the Low-Income Housing Tax Credit (LIHTC) program, presenting additional investment advantages. This is a rare chance to acquire a fully approved development site in a highly desirable Boise neighborhood. The asking price for this exceptional opportunity is $4,840,000.

• Alternative Use

  Use

  Valuation

  Residential

  $11,880,509

  Hospitality

  $10,882,482

  Educational

  $9,054,097

  Medical

  $9,365,482

  Retail

  $14,084,152

Location Insight

City

Garden City

County

Ada

State

Idaho

Latitude

43.627

Longitude

-116.241

CBSA code

14260

CBSA name

BOISE CITY-NAMPA, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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