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3515 W State St

1 Acre of Commercial Land Offered at £1,643,145 in Boise, ID 83703

Investment Highlights

  • Traffic count of 31,000 VPD
  • Full set of renderings available upon request
  • Alternatively, could be a great opportunity for a restaurant owner/user, with a 4,043 SF turn-key bar and grill building
  • State St. will be the first major corridor in Boise to implement the Bus Rapid Transit program- bus service every 15 minutes each weekday
  • Property owns the land rights to a 2-sided billboard from Lamar Advertising. The contract with Lamar runs through 2037.

Executive Summary

Alternatively, could be a great opportunity for a restaurant owner/user, with a 4,043 SF turn-key bar and grill building

Property Facts

Price £1,643,145
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units
Total Lot Size 1.00 AC

1 Lot Available

Lot

Price £1,643,145
Price Per AC £1,643,145
Lot Size 1.00 AC

Full set of renderings available upon request

Description

Lee & Associates is pleased to present the opportunity for a “shovel ready” development project for a 40-unit apartment complex. Already has entitlement, topographic survey, engineering, architecture, full set of building plans, and initial permit review costs paid for. The building plans were submitted to the City of Boise for permits in May, and have passed through several stages of approval already.

Walk Score ®
Very Walkable (71)
Bike Score ®
Biker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
S0632417243
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£861,321

zoning

Zoning Code MX-3 (Mixed usage proposed)
MX-3 (Mixed usage proposed)
  • Listing ID: 32896789

  • Date on Market: 20/08/2024

  • Last Updated:

  • Address: 3515 W State St, Boise, ID 83703

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