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921 W Amity Rd

$14,800,000

921 W Amity Rd, Boise, ID 83705

Active
Last Updated: 04/23/2025

108,082 sqft

Building Size

3.98 acres

Lot Area

Details:
Building Size:    108,082 sqft
Lot Area:    3.98 acres
Occupancy:    100%
Year Built:    1975
Floors:    1
Highlights:
  • Fully occupied buildings, at below market rents, with short remaining lease terms, creating near term upside and/or owner-user opportunities
  • Average rents are approximately $0.45 SF/mo modified gross
  • Close proximity to I-84, Boise airport and Micron
  • March 2026 is last lease expiration date
  • Abuts rail-spur
Description:

Introducing an exceptional investment opportunity in the heart of Boise, ID. This 108,372 SF industrial property, built in 1975, is zoned I-1 and offers a lucrative prospect for Industrial/Warehouse/Distribution investors. Currently fully occupied with below-market rents and short remaining lease terms, this property presents near-term upside potential and owner-user opportunities. Ideal location to I-84, Boise airport, and Micron.

Convenient access to I-84, the area facilitates seamless transportation and logistics. In proximity to the Boise airport and the renowned Micron Technology Inc.

Map:
Documents:
Title
Micron Expansion
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SALE_Amity.pdf
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Today's Available Mortgage Rates

921 W Amity Rd, Boise, Idaho 83705

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 04/18/2025
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.94% 5 Year Fixed
Mo. Payment$53,096 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 56% LTV $0 Lender fees
Loan Amount $8,288,000 Loan Amount
Bank*Lender #1049
7 Year Fixed
25 Year Amortization
Interest rate 5.96% 7 Year Fixed
Mo. Payment$53,197 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 56% LTV $0 Lender fees
Loan Amount $8,288,000 Loan Amount
Bank*Lender #1049
10 Year Fixed
25 Year Amortization
Interest rate 6.06% 10 Year Fixed
Mo. Payment$52,745 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 55% LTV $0 Lender fees
Loan Amount $8,140,000 Loan Amount
Largest Commercial Real Estate Lending
Location
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