5106 W Fairview Ave, Boise, ID 83706
5106 W Fairview Ave, Boise, ID 83706
5106 W Fairview Ave, Boise, ID 83706
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Listed by William Cowdry • Silvercreek Realty Group
$4,300,000
Est. payment /mo
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1.94 Acres Lot
Active

5106 W Fairview Ave Boise, ID 83706

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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Cruzen Mtn View

MLS Listing ID 98984149

HOA Y/N No

Annual Tax Amount $17,957

Tax Year 2025

Lot Size 1.938 Acres

Acres 1.938

Property Sub-Type Unimproved Land

Source IMLS 2

Property Description

Fairview Village represents a two-phase multifamily development, approved by Boise's Design Review Commission following rigorous public review. A fully entitled, 205-unit multifamily opportunity on the Boise Bench that's ready for the developer who moves with conviction. The current Podium build, designed for maximum capital efficiency, with a unit mix built to capture Boise's most active rental demand segment: workforce and moderate-income households. Utilize flexible execution paths like layered public financing (LIHTC, HUD 221(d)(4), tax-exempt bonds) or a pivot to market-rate garden-style delivery with a strategic capital stack. Boise's fundamentals do the talking: 3.2% rent growth, sub-5.4% vacancy, and a supply pipeline that has materially contracted. The entitlements are done. The only question is who's ready to build. This is the deal for a developer who knows that the best time to move in Boise was five years ago, and the second best time is now.

Location

State ID

County Ada

Zoning MX-3

Direction From Orchard and Fairview, West on Fairview to the North side block starting at 5106 Fairview and extending through the NW corner at 5123 Bond.

Interior

Fireplace No

Exterior

Community Features 5+ Units

Utilities Available Natural Gas Connected, Electricity Connected, Overhead, Phone Connected, Sewer Connected, Underground Utilities

Street Surface Gravel,Paved

Building

Lot Description 1 Acre - 4.99 Acres, Level

Faces From Orchard and Fairview, West on Fairview to the North side block starting at 5106 Fairview and extending through the NW corner at 5123 Bond.

Sewer Sewer-Exist

Water City Service

New Construction No

Schools

Elementary Schools Koelsch

High Schools Capital

School District Boise School District #1

Others

Senior Community No

Tax ID R1625500899,R1625500897,R1625500780,R1625500850

Ownership Fee Simple

Acceptable Financing Cash, Consider All, Conventional

Listing Terms Cash, Consider All, Conventional


Intermountain MLS (IMLS)

Amenities & Attractions

Restaurants
Home Services
Health & Medical
Local Services
Shopping
Recreation
Arts & Entertainment
Food
Beauty
Nightlife
Event Planning & Services
Automotive
Religious Organizations
Financial Services
Professional Services
Travel
Pets
Local Media
Education
  • Papa Murphy’s

    7320 W Fairview Ave, Boise, ID 83704

    Pizza Phone: 208-658-1155

  • Great Dragon

    6608 W Fairview Ave, Boise, ID 83704

    Chinese Phone: 208-376-8388

  • Skippers Seafood & Chowder House

    5588 W Fairview Ave, Boise, ID 83706

    Seafood Phone: 208-906-3710

  • Bad Boy Burgers 2

    7000 W Fairview Ave, Boise, ID 83704

    Fast Food Phone: 208-373-0020

  • Lorena’s Mexican Grill

    5950 W Fairview Ave, Boise City, ID 83704

    Mexican Phone: 208-484-7185

  • The Gyro House

    6631 W Ustick Rd, Boise, ID 83704

    Greek Phone: 208-378-1325

  • Kyoto Japanese Steak House

    6002 W Fairview Ave, Boise, ID 83704

    Steakhouses Phone: 208-378-8808

  • The Original Pancake House

    5900 W Fariview Ave, Boise, ID 83704

    Breakfast & Brunch Phone: 208-321-2614

  • Idaho Pizza Company

    7100 W Fairview Ave, Boise, ID 83704

    Pizza Phone: 208-375-4100

  • Flying Pie Pizzaria

    6508 W Fairview Ave, Boise, ID 83704

    Pizza Phone: 208-345-0000

  • Los Compadres

    5900 W Fairview Ave, Boise, ID 83704

    Mexican Phone: 208-323-1801

  • Tom Sweenys Dutch Oven Cafe

    1621 N Orchard, Boise, ID 83706

    American (Traditional) Phone: 208-353-1535

  • Great Harvest Bread Co

    5608 W Fairview Ave, Boise, ID 83706

    Bakeries Phone: 208-377-5587

  • Chicago Connection Pizza

    7070 W Fairview Ave, Boise, ID 83704

    Pizza Phone: 208-377-5551

  • El Cazador

    5900 W Fairview Ave, Boise, ID 83704

    Mexican Phone: 208-323-1801

GET MORE INFORMATION

Garrett Thill

Garrett Thill

Broker

+1(208) 631-6930

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5106 W Fairview Ave