420 Five Mile RdBoise, ID 83704
- Commercial real estate
- 63,052 SF
Property Details for 420 Five Mile Rd
- Year built
- 1981
- Lot size
- 9.67 AC
- Property size (Sq ft)
- 63,052 SF
- Zone code
- M-1D
- Property type
- Commercial real estate
- APN
- S1111325705
- APU
- S1111325705
Description
This exceptional Class A industrial property, located at 420 N Five Mile Rd, Boise, ID 83704, offers 64,000 square feet of space within a single building on a 9.67-acre lot. Built in 1978, the property features a 27-foot ceiling height, multiple loading docks, and a robust electrical infrastructure suitable for heavy machinery. The M1-D industrial zoning allows for a wide range of uses, including manufacturing, warehousing, and distribution. Its strategic location provides unparalleled accessibility, situated just seven miles from downtown Boise and the Boise Airport, with easy access to I-84 and rail service. The property includes approximately 3.68 acres of additional land, presenting significant potential for expansion or redevelopment. The site boasts drive-around capabilities and a partially fenced perimeter. Currently, portions of the building are leased, with the existing tenants vacating upon closing. This fee-simple ownership opportunity presents a unique chance to acquire a well-located, versatile industrial property in a thriving market. The property's ample yard space, excellent access to major transportation arteries, and robust infrastructure make it an attractive option for a variety of industrial operations. The existing lease agreements provide a potential income stream until closing.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $12,346,871
- Hospitality
- $11,309,668
- Educational
- $9,409,511
- Medical
- $9,733,118
- Retail
- $14,637,017
Location Insight
- City
- Boise
- County
- Ada
- State
- Idaho
- Latitude
- 43.6085
- Longitude
- -116.312
- CBSA code
- 14260
- CBSA name
- BOISE CITY-NAMPA, ID METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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