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Five Mile Rd
Boise, ID 83709
440 Acres Ada County Development Land Auction · Land For Sale · 440.00 AC

INVESTMENT HIGHLIGHTS

  • 440 Acres Ada County Development Land Auction Oct. 14th at 12:30 PM MDT
  • Future Land Use (Boise) is Planned Community
  • Access to the property comes from Five Mile Road to the north and Hubbard Road to the west
  • 9 Parcels with Water Rights - allows for 3 deep water production wells as points of diversion - 5.56 CFS Rate
  • Surrounded on all sides by both city and county developments including Falcon Crest Golf Course.
  • Auction to be held at the Waters Edge Event Center located at 287 E. Shore Drive, Eagle, Idaho

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Proposed Use Commercial
Total Lot Size 440.00 AC
Zoning RR, RP

DESCRIPTION

Rare opportunity, one of a kind, large acreage holding just south of the City of Boise located directly in the path of development.? Nine parcels with water rights.? Surrounded on all sides by both city and county developments.? Murio Farms to the North and East.? To the East is the fully developed Charter Pointe Subdivision along with Locale, a 600+ acre master planned community.? Falcon Crest Golf Course is located to the Southwest and is currently under development for a mix of residential uses.? Adjacent to Falcon Crest is an upcoming development application for a Planned Community in Ada County (Summertime Residential).? Live Public Auction held on October 14, 2021 at 12:30 PM at the Waters Edge Event Center, located at 287 E. Shore Dr., Eagle, Idaho 83616 Bidding will start at $11,000,000 (25,000 per acre). Pre-Auction offers will be considered and may be accepted by Seller, in which case the Auction will be cancelled. All bidders must register to bid on day of Auction. To register to bid, all bidders must present driver's license and Cashier's Check in the amount of $500,000, made payable to TitleOne, and execute Auction Terms and Conditions. Directions to Property: South on Five Mile Road to Hubbard Road to property - See aerial maps for development boundaries. Please call Corbett Bottles at 208.377.5700 with any questions regarding this property or auction process. Access to the property comes from Five Mile Road to the north and Hubbard Road to the west. Whether looking to develop the property in the City of Boise or Ada County, or purchase the property to hold while the surrounding area continues to develop, this property is uniquely positioned to provide tremendous upside value as the City of Boise continues to expand and works to meet the overwhelming housing demand.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • S1410141800
  • S1411131500
  • S1414212400
  • S1411121150
  • S1411336450
  • S1411244500
  • S1411347050
  • S1410449005
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$6,855,800
  • Listing ID: 24151326

  • Date on Market: 9/23/2021

  • Last Updated:

  • Address: Five Mile Rd, Boise, ID 83709

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