9990 State StBoise, ID 83714

  • Other commercial real estate
  • 6,800 SF
For Sale
$1,695,000 View listing

Property Details for 9990 State St

Year built
1992
Lot size
0.58 AC
Property size (Sq ft)
6,800 SF
Zone code
ZC-243
Property type
Other commercial real estate
APN
R7334201320
APU
R7334201320

Description

This exceptional 6,800 square foot industrial property, situated on a prime one-acre lot at 9990 W. State Street in Boise, Idaho, presents a compelling redevelopment or owner-user opportunity. The property boasts a highly visible hard corner location on State Street, experiencing over 30,000 vehicles per day, ensuring significant exposure for any business. The existing building features three roll-up doors and ample yard space, offering immediate functionality. Currently housing multiple tenants, two of whom are on month-to-month leases, this presents a flexible situation for immediate occupancy and future redevelopment plans. The C-2 zoning allows for a variety of uses, including retail, office, mixed-use, fast food, gas station, tire shop, coffee shop, strip center, or medical facility. This fee-simple ownership opportunity is located in Ada County, zip code 83714, within the rapidly growing Boise MSA, boasting a population exceeding 825,000. The property's strategic location and high traffic counts make it an ideal investment for those seeking a high-demand area with significant redevelopment potential. The asking price is $1,695,000. This is a rare chance to acquire a hard corner property on State Street, a highly sought-after location in one of the nation's fastest-growing cities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,585,996
    Hospitality
    $1,452,764
    Educational
    $1,208,682
    Medical
    $1,250,251
    Retail
    $1,880,173
9990 State St, Boise, Idaho

Location Insight

City
Boise
County
Ada
State
Idaho
Latitude
43.6806
Longitude
-116.307
CBSA code
14260
CBSA name
BOISE CITY-NAMPA, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,471
$434,200
$188,700
$622,900
-
$434,200
$188,700
$622,900

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