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709 N Cole Rd 1.64 Acres of Residential Land Offered at $1,600,000 in Boise, ID 83704

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INVESTMENT HIGHLIGHTS

  • 76-unit development site on 1.64 acres
  • Blocks from major retailers
  • High Visibility
  • Rare infill location minutes from downtown Boise
  • Direct access to I-84 Boise Connector

EXECUTIVE SUMMARY

Berkadia Boise Investment Sales is pleased to present a rare 1.64-acre development site entitled for 76 multifamily units less than five miles from downtown Boise. The site benefits from its high level of visibility along Cole Road and the I-84 Boise Connector, and its proximity to various retail and restaurants including the Boise Towne Square Mall, Cabela’s, REI, Costco, Chick-fil-A, and In-N-Out.
The proposed development will provide much needed, high-quality housing for employees of nearby employers such as St. Alphonsus Regional Medical Center, Simplot, Clearwater Analytics, and St. Luke's Health System.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $1,600,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 1.64 AC
Zoning MX-3/DA - Mixed Use

1 LOT AVAILABLE

Lot

Price $1,600,000
Price Per AC $975,609.76
Lot Size 1.64 AC

1.64 acre lot.

DESCRIPTION

1.64 acre lot zoned MX-3.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
S1112417212
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$895,200
  • Listing ID: 34862815

  • Date on Market: 2/18/2025

  • Last Updated:

  • Address: 709 N Cole Rd, Boise, ID 83704

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