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950 West Bannock Street, Suite 420 Boise, Idaho 83702 (208)343-9300 icbre.com FOR ADDITIONAL INFORMATION, PLEASE CONTACT: MOE THERRIEN, ASSOCIATE BROKER mobile: (208) 859-7935 • [email protected] EAGLE POINTE DEVELOPMENT LOTS NEC HIGHWAY 44/W. STATE STREET - EAGLE, IDAHO 3 Lots 2.83 Acres Zoning: Commercial Mixed Use (MU-DA) COMMERCIAL DEVELOPMENT LOTS FOR SALE Parcel D Parcel D 0.882 Acres 0.882 Acres State Street State Street Highway 44 Highway 44 N Ballantyne Lane N Ballantyne Lane State Street State Street Parcel C Parcel C 1.160 Acres 1.160 Acres Parcel B Parcel B 0.794 Acres 0.794 Acres Sale Pending Sale Pending For Sale Townhomes Proposed For Sale Townhomes Proposed
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EAGLE POINTE DEVELOPMENT LOTS - icbre.com

Oct 05, 2021

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Page 1: EAGLE POINTE DEVELOPMENT LOTS - icbre.com

9 5 0 We s t B a n n o c k S t r e e t , S u i t e 4 2 0 • B o i s e , I d a h o 8 3 7 0 2 • ( 2 0 8 ) 3 4 3 - 9 3 0 0 • i c b r e . c o m

FOR ADDITIONAL INFORMATION, PLEASE CONTACT:MOE THERRIEN, ASSOCIATE BROKERmobile: (208) 859-7935 • [email protected]

EAGLE POINTE DEVELOPMENT LOTSNEC HIGHWAY 44/W. STATE STREET - EAGLE, IDAHO

3 Lots 2.83 AcresZoning: Commercial Mixed Use (MU-DA)

C O M M E R C I A L D E V E L O P M E N T L O T S F O R S A L E

Parcel DParcel D0.882 Acres0.882 Acres

State Street

State StreetHighway 44

Highway 44N Ballantyne LaneN Ballantyne Lane

State StreetState StreetParcel CParcel C

1.160 Acres1.160 Acres

Parcel BParcel B0.794 Acres0.794 Acres

Sale PendingSale PendingFor Sale Townhomes ProposedFor Sale Townhomes Proposed

Page 2: EAGLE POINTE DEVELOPMENT LOTS - icbre.com

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9 5 0 We s t B a n n o c k S t r e e t , S u i t e 4 2 0 • B o i s e , I d a h o 8 3 7 0 2 • ( 2 0 8 ) 3 4 3 - 9 3 0 0 • i c b r e . c o m

All information herein has been obtained from sources deemed reliable but is subject to verification by Buyer. This offering is subject to price change, corrections, errors, omissions, prior sales and/or withdrawl. Lot lines are approximate.

EAGLE POINTE COMMERCIAL DEVELOPMENT LOTSO F F E R I N G D E T A I L S

OFFERING PRICESParcels B, C & D 2.843 acres $14.35/SF $1,777,000Parcel D .883 acres $13.00/SF $500,000 Parcels B & C 1.96 acres $15.00/SF $1,277,000• Commercial development opportunity along Eagle’s primary arterial• Corner parcel(s) at signaled intersection• Parcels can be purchased together or separately• Zoned MU-DA (commercial mixed use)• All utilities to sites• Average daily traffic counts over 24,000 vehicles per day

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9 5 0 We s t B a n n o c k S t r e e t , S u i t e 4 2 0 • B o i s e , I d a h o 8 3 7 0 2 • ( 2 0 8 ) 3 4 3 - 9 3 0 0 • i c b r e . c o m

All information herein has been obtained from sources deemed reliable but is subject to verification by Buyer. This offering is subject to price change, corrections, errors, omissions, prior sales and/or withdrawl. Lot lines are approximate.

P H O T O S

Mixed-Use Development

SITESITE

SITESITE

Highway 44

Highway 44

W State StreetW State Street

W State StreetW State Street

Highway 44Highway 44

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9 5 0 We s t B a n n o c k S t r e e t , S u i t e 4 2 0 • B o i s e , I d a h o 8 3 7 0 2 • ( 2 0 8 ) 3 4 3 - 9 3 0 0 • i c b r e . c o m

All information herein has been obtained from sources deemed reliable but is subject to verification by Buyer. This offering is subject to price change, corrections, errors, omissions, prior sales and/or withdrawl. Lot lines are approximate.

A E R I A L M A P

EAGL

E ROA

DEA

GLE R

OAD

DOWNTOWNDOWNTOWNBOISEBOISE

EAGLEEAGLE

NEC HIGHWAY 44/NEC HIGHWAY 44/W. STATE STREET W. STATE STREET

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9 5 0 We s t B a n n o c k S t r e e t , S u i t e 4 2 0 • B o i s e , I d a h o 8 3 7 0 2 • ( 2 0 8 ) 3 4 3 - 9 3 0 0 • i c b r e . c o m

All information herein has been obtained from sources deemed reliable but is subject to verification by Buyer. This offering is subject to price change, corrections, errors, omissions, prior sales and/or withdrawl. Lot lines are approximate.

S T R E E T M A P

Eagle IslandState Park

NEC HIGHWAY 44/NEC HIGHWAY 44/W. STATE STREET W. STATE STREET

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9 5 0 We s t B a n n o c k S t r e e t , S u i t e 4 2 0 • B o i s e , I d a h o 8 3 7 0 2 • ( 2 0 8 ) 3 4 3 - 9 3 0 0 • i c b r e . c o m

L O C A T I O N O V E R V I E W

EAGLE, IDAHOADA COUNTY ADA COUNTY POPULATION, 2019: 496,128EAGLE POPULATION, 2020: 30,945LAND AREA, SQ MILES: 31.08

Eagle is a family-friendly suburb nestled in the Boise foothills. Located in southwestern Idaho, about 10 miles from downtown Boise, residents enjoy golf courses, boutique shopping and dining, and diverse green spaces like the riverside Eagle Island State Park; offering over five miles of trails for hiking or horseback riding, swimming beach, and a snow hill for tubing.

Many residents enjoy a short work commute to Boise, which hosts the headquarters for several major companies, such as Boise Cascade LLC, Albertsons, J.R. Simplot Company, Idaho Pacific Lumber Company, Idaho Timber, WinCo Foods, Bodybuilding.com and Clearwater Analytics as well as Micron Technology, the region’s largest private, locally based, publicly traded employer. Other major industries are headquartered in Boise or have large manufacturing facilities present. The state government is one of the city’s largest employers.

The West Ada School District includes 32 elementary schools, 7 middle schools, 12 high schools and a number of charter and specialty schools. Post-secondary educational options in Boise include Boise State University (BSU) and a range of technical schools. The University of Idaho (UI) and Idaho State University (ISU) each maintain a satellite campus in Boise. Several two-year programs are also available in the Boise area.

RADIUS 2 Mile 5 Mile 10 MilePOPULATION2020 Population 16,554 116,925 353,2762025 Projection 18,807 132,117 394,567Growth 2020-2025 2.7% 2.6% 2.3%HOUSEHOLDS2020 Total Households 6,058 16,429 77,519HH Growth 2020-2025 2.8% 2.7% 2.4%HOUSINGMedian Home Value $455,083 $348,646 $297,163Median Year Built 2003 2002 19952020 Avg Household Income $116,442 $105,740 $87,899

D E M O G R A P H I C S

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9 5 0 We s t B a n n o c k S t r e e t , S u i t e 4 2 0 • B o i s e , I d a h o 8 3 7 0 2 • ( 2 0 8 ) 3 4 3 - 9 3 0 0 • i c b r e . c o m

B R O K E R B I O G R A P H Y

MAURICE (MOE) THERRIENAssociate Broker PrincipalMAI (208) 859-7935 [email protected]

WORK HISTORYLicensed Broker for 29 yearsCommercial Real Estate Appraiser for 40 years

Idaho Commercial Brokerage, LLC (2005-present): Seller/Buyer representation of investment real estate brokerage. Specializing in apartment, office, retail, warehouse and land.

MSA Realty (1999-2004): Sole Owner, Broker with two agents, Seller/Buyer representation, investment real estate brokerage. Specializing in apartment, office, retail, warehouse and land.

VALBRIDGE Property Advisors (1977-present): Managing partner, MAI designation 1982. Commercial Real Estate Appraiser with an emphasis on apartment, office, retail, warehouse, land and special use.

Ada Real Estate Surveys (1987-present): Ada County apartment surveys; occupancy and rent tracking.

PROFESSIONAL DESIGNATIONS1990-present: Licensed Real Estate Broker, State of Idaho1990-present: Realtor – Idaho Association of Realtors1982-present: Member of the Appraisal Institute (MAI)1992-present: Idaho Certified General Real Estate Appraiser

PERSONAL BACKGROUND• Boise resident since 1977• Married to wife Roxy / 2 children, Marc 37 and Michael 34• Washington State University – Bachelors of Arts Degree, Business Administration- 1977 Summa Cum Laude• Raised in Colfax, Washington