7701 Ustick RdBoise, ID 83704

  • Other commercial real estate
  • 6.41 AC
For Lease

Property Details for 7701 Ustick Rd

Year built
1960
Lot size
6.41 AC
Zone code
R-2
Property type
Other commercial real estate
APN
R0539000510
APU
R0539000510

Description

This exceptional 17.4-acre property located at 7701 Ustick Road in Boise, Idaho, presents a unique investment opportunity. Zoned R-2 in Ada County, this land offers significant potential for various commercial and residential uses. Currently utilized as a 148-space mobile home park, the property includes three rented homes – one featuring an attached apartment – an office building, and a storage garage. The long-term land lease provides stability and potential for substantial returns. The site boasts convenient access to Interstate 84, enhancing its accessibility and appeal. Proximity to city parks, public transportation, and Town Square Mall further adds to its desirability. This expansive parcel provides a blank canvas for developers seeking a strategic location in a thriving Boise neighborhood. The existing structures offer immediate income potential while allowing for future development plans. The property's size and zoning regulations offer flexibility for a wide range of projects, making it an attractive proposition for investors and developers alike. The zip code is 83704.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $54,702,444
    Hospitality
    $50,107,144
    Educational
    $41,688,556
    Medical
    $43,122,288
    Retail
    $64,848,864
7701 Ustick Rd, Boise, Idaho

Location Insight

City
Boise
County
Ada
State
Idaho
Latitude
43.6329
Longitude
-116.278
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
2022
$44,562
$2,374,500
$3,941,300
$6,315,800
-
$2,374,500
$3,941,300
$6,315,800

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