$1,200,000
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0.85 Acres Lot
SOLD DATE : 02/22/2022
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Veazey Park Add
MLS Listing ID 98798231
Sold Date 02/22/22
HOA Y/N No
Originating Board IMLS 2
Annual Tax Amount $8,307
Tax Year 2020
Lot Size 0.850 Acres
Acres 0.85
Property Description
Developable acreage on growing arterial into and out of Boise's downtown. Virbrant commercial area surrounded by increasingly upscale residential areas in one of the highest-value-growth parts of Boise. Some entitlements already in place with previous development agreement with the city of Boise. Recent NNN rents provide a 5% Cap Rate at list price with only part of the property fully leased. Solid income while you lay out future development plans. C-1 designation allows for some residential development.
Location
State ID
County Ada
Area Boise Se - 0300
Direction Broadway Avenue south of Boise Avenue and north of Linden
Interior
Fireplace No
Exterior
Fence Block/Brick/Stone, Vinyl
Community Features 5+ Units
Utilities Available Natural Gas Connected
Building
Lot Description 1/2 Acre - .99 Acres
Faces Broadway Avenue south of Boise Avenue and north of Linden
Water City Service
New Construction No
Others
Tax ID R8992000747
Ownership Fee Simple
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