5443 Glenwood StBoise, ID 83714

Property Details for 5443 Glenwood St

Year built

1985

Lot size

4.10 AC

Property size (Sq ft)

24,992 SF

Zone code

C-2

Property type

Commercial real estate

APN

R8191508280

APU

R8191508280

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $5,829,002

  Hospitality

  $5,339,334

  Educational

  $4,442,263

  Medical

  $4,595,040

  Retail

  $6,910,187

Location Insight

City

Garden City

County

Ada

State

Idaho

Latitude

43.6543

Longitude

-116.281

CBSA code

14260

CBSA name

BOISE CITY-NAMPA, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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