300 Orchard StBoise, ID 83706

Property Details for 300 Orchard St

Year built

1959

Lot size

1.35 AC

Property size (Sq ft)

5,652 SF

Zone code

C-2D

Property type

Commercial real estate

APN

R7777803212

APU

R7777803212

Description

This exceptional 1.35-acre parcel presents a unique investment opportunity in the heart of Boise, Idaho. Situated just minutes from downtown, this land offers unparalleled access to Boise's vibrant city center, encompassing a diverse range of dining, shopping, entertainment, and cultural attractions. The property is ideally positioned to capitalize on the strong demand for multi-family housing in this thriving urban area. City of Boise approvals are already in place for a proposed 78-unit multi-family development, streamlining the development process and minimizing potential delays. This pre-approved plan provides a solid foundation for a swift and efficient project launch, allowing for immediate commencement of construction upon acquisition. The substantial lot size allows for ample space to create a high-quality residential community, catering to a wide range of residents. This is a rare chance to acquire a fully permitted development site in a highly sought-after location, promising significant returns on investment. The convenience of the downtown proximity, coupled with the streamlined development process, makes this an exceptional opportunity for experienced developers seeking a prime location for a lucrative multi-family project. The existing approvals significantly reduce risk and expedite the timeline to completion, making this a compelling investment proposition. This offering is for the land only

• Alternative Use

  Use

  Valuation

  Residential

  $1,206,653

  Hospitality

  $1,105,288

  Educational

  $919,586

  Medical

  $951,212

  Retail

  $1,430,468

Location Insight

City

Boise

County

Ada

State

Idaho

Latitude

43.6074

Longitude

-116.243

CBSA code

14260

CBSA name

BOISE CITY-NAMPA, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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