1550 Cloverdale RdBoise, ID 83709

Property Details for 1550 Cloverdale Rd

Year built

2014

Lot size

1.26 AC

Property size (Sq ft)

12,014 SF

Zone code

C-1D/DA

Property type

Commercial real estate

APN

S1115336302

APU

S1115336302

Description

This exceptional three-story, 12,014 square foot office building, constructed in 2014, presents a compelling investment opportunity in Boise, Idaho. Located at 1550 S. Cloverdale Rd., this property sits on a 1.26-acre lot (APN S1115336302) and is zoned MX-1. The building boasts ample on-site parking and benefits from a high-traffic location on the Overland corridor, near numerous amenities including Eagles Landing Development, Top Golf, and Edwards Cinema. With multiple executive suites and short-term leases, there's significant potential for future rent increases and re-tenanting to maximize returns. The asking price is $2,500,000, substantially below replacement cost. The property's excellent visibility and accessibility, combined with the potential for owner-user occupancy, make it a highly desirable asset. Daily traffic counts exceed 24,596 vehicles. This multi-tenant office building offers a diverse investment opportunity with strong upside potential. The property features a single building with a traditional office subtype.

• Alternative Use

  Use

  Valuation

  Residential

  $2,760,384

  Hospitality

  $2,528,497

  Educational

  $2,103,680

  Medical

  $2,176,029

  Retail

  $3,272,391

Location Insight

City

Boise

County

Ada

State

Idaho

Latitude

43.5911

Longitude

-116.334

CBSA code

14260

CBSA name

BOISE CITY-NAMPA, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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