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Star 169.05 Acres LAND OFFERING W Rice Rd Star Middle School W Floating Feather Rd N Pollard Ln N Pollard N Star Rd W Floating Feather Rd ALSO AVAILABLE Star 56.853 acres Star Elementary School SITE N Plummer Rd N Plummer N Can Ada Rd 16 Hwy Hwy 44 STAR 169.05 ACRES FOR ADDITIONAL INFORMATION, PLEASE CONTACT: • Mixed use designation in comprehensive plan Ryan Cantlon • Close access to Hwy 16 and Hwy 44 Land Brokerage (208) 867-3751 • One of the largest remaining land opportunities in Star [email protected] 950 West Bannock Street, Suite 420 • Boise, Idaho 83702 • ( 208) 343- 9300 • icbre.com OFFERING DETAILS STAR 169.05 ACRES W Floating Feather Rd STAR, IDAHO ASKING PRICE $18,000,000 N Pollard Ln N Pollard CURRENT JURISDICTION Ada County, adjacent to Star city limits Rosti Farm Rd CURRENT ZONING RUT COMPREHENSIVE PLAN Mixed use designation GROSS ACRES 169.05 (per County records) PARCEL NUMBERS S0404347000 46.34 acres S0409212400 76.23 acres S0409120800 27.47 acres S0409131300 11.52 acres HWY Emmett S0409244575 7.49 acres • Surface and Well water rights • Utilities at or near site • Unique opportunity for a large scale mixed use project SITE • Close proximity to new and future schools • Contact listing agent for additional information 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. 950 West Bannock Street, Suite 420 • Boise, Idaho 83702 • ( 208) 343- 9300 • icbre.com updated: 02/12/2019 2 PARCEL MAP Y LE S OR W BROKEN ARROW FLOATING FEATHER POLLARD S0404347000 46.34 FLOATING FEATHER SHUMARD R E D S0409120800 S P 27.47 IR E S0409212400 GOLDEN RAIN 76.23 R S0409131300 ME 11.52 M U MILLCREEK L P S0409244575 7.49 T T EMME EK RE C 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. AMEY R 950 West Bannock Street, Suite 420 • Boise, Idaho 83702 • ( 208) 343- 9300 • icbre.com updated: 02/12/2019 3 VALLEY LOCATOR MAP MIDDLETON SITE STAR CALDWELL BOISE MERIDIAN NAMPA KUNA 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. 950 West Bannock Street, Suite 420 • Boise, Idaho 83702 • ( 208) 343- 9300 • icbre.com updated: 02/12/2019 4 RUT MIXED USE ZONING The purpose of the mixed use district is to encourage compact development that is sensitive to the environmental characteristics of the land and facilitates the efficient use of services. A tradi- tional neighborhood district diversifies and integrates land uses within close proximity to each other, and it provides for the daily recreational and shopping needs of the residents. The purpose of the MU district is also to conditionally provide for a variety of residential land uses including attached and detached single-family residential, duplex, townhouse, and multi-family. Development in the MU district includes open spaces and promotes pedestrian activity through well designed and varied streetscapes that also provide for the safe and efficient movement of vehicular traffic. Vertically integrated residential projects are encouraged in all mixed use neighborhood districts. P = Principal Permitted A = Accessory C = Conditional USE MU USE MU USE MU Accessory Structure C Church or place of religious worship C Fireworks stand C Alley P Civic, social or fraternal orginazations P Food products processing C Animal Care Facility C Condominium C Food stand C Artists Studio C Conference/convention center C Gasoline station C Arts, entertainment, recreation facility P Convenience store C Gasoline station w/convenience store C Auction facility C Daycare center (more than 12) C Golf course C Automated teller machine P Daycare, family (6 or fewer) P Government office P Automotive hobby C Daycare, group (7-12) C Greenhouse C Automotive mechanical/electrical repair & mtnc C Drive-through/drive-up service window C Greenhouse, commercial P Bakery P Drugstore P Healthcare and social services P Bar/tavern/lounge/drinking establishment C Dwelling: Heliport C Barbershop/styling salon P Multi-family C Hospital C Bed and breakfast C Single-family attached C Hotel/motel P Beverage bottling plant C Single-family detached C Ice manufacturing plant C Boarding house C Townhouse C Industry, information C Brewery C Two-family duplex C Institution C Brewpub C Educational institution, private C Kennel C Building material, garden equipment & supplies C Educational institution, public C Laboratory C Campground/RV park C Equipment rental, sales and services C Laboratory, medical C Cement or clay products mfctg C Fabrication shop C Laundromat C Cemetery C Farmers’ or Saturday market P Laundry and dry clean C Chemical manufacturing plant P Financial institution without drive-through window P Library P 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. 950 West Bannock Street, Suite 420 • Boise, Idaho 83702 • ( 208) 343- 9300 • icbre.com updated: 02/12/2019 5 RUT MIXED USE ZONING - continued P = Principal Permitted A = Accessory C = Conditional USE MU USE MU Manufactured home C Retirement home C Manufacturing plant C Service building C Medical clinic P Shooting range C Mortuary C Shopping center C Museum P Storage facility, outdoor C Nursery, garden center and farm supply C Storage facility, self-service C Nursing or residential care facility C Swimming pool, commercial/public P Office security facility P Television station C Parking lot/parking garage P Temporary use P Parks, public and private P Terminal, freight or truck P Pawnshop C Turf farm C Personal and professional services P Vehicle emission testing C Photographic studio P Vehicle impound yard C Portable classroom/modular building C Vehicle repair, major C Professional offices P Vehicle repair, minor C Public infrastructure C Vehicle sales or rental C Public or quasi-public use P Vehicle washing facility C Public utility, major C Vetrinarian office C Public utility, minor P Vineyard C Public utility, yard C Warehouse and storage P Recycling center C Wholesale sales C Research activities C Winery C Restaurant P Wireless communication facility P Retail store/retail services P Yard sale P 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. 950 West Bannock Street, Suite 420 • Boise, Idaho 83702 • ( 208) 343- 9300 • icbre.com updated: 02/12/2019 6 MARKET OVERVIEW BOISE METROPOLITAN AREA BOISE VALLEY STATISTICS The Boise MSA is the third largest metro in the Northwest with 30% growth projected by 2020. Population 710,000 The Boise metro area consists of the Southwestern Idaho counties of Ada, Boise, Canyon, Gem Unemployment Rate 2.9% and Owyhee. Nearly 40 percent of Idaho’s total population lives in the area, which includes 251,142 households. The region is hemmed in by mountains to the North and high-desert to the South. The Median Age 34.2 largest city is Boise, which encompasses nearly 80 square miles, is the capital city and boasts a White Collar Workers 36% population of nearly 230,000. Blue Collar Workers 63% Median Annual $42,180 50 motor freight companies serve the Boise Valley, traveling 5 interstates, 20 U.S. highways and 30 Bachelors or Higher 35.24% state highways. Over 11 million tons of freight are transported annually across the U.S., to Canada Sales & Use Tax 6% and Mexico by Union Pacific and Burlington Northern Santa Fe along 1,600 miles of rail line. Various Corporate Income Tax 6.9% airlines connect the metro area nationally, with the Boise Airport handling over three million travelers Source: bvep.org each year. COUNTY POPULATION SQ MILES #1 Fastest Growing #5 Best Cities for #1 City for New Ada 456,849 1,052.58 Metro in U.S. Quality of Life (Boise) Home Sales (Meridian) Boise 7,290 1,899.24 Forbes, 2018 NerdWallet, October 2017 Curbed, January 2017 Canyon 216,699 587.37 Gem 17,379 560.90 #4 Top 10 Cities for Top 20 Best Cities for Top 10 Safest Owyhee 11,628 7,665.51 Young Families (Boise) Young Professionals Cities in the World Total 709,845 11,756.60 Move Buddha, January 2018 Forbes, May 2017 The Daily Meal, Oct 2017 Source: US Census #4 Best Place to Retire Lowest Business Costs in #4 North America’s (Boise) Pacific U.S. Coolest Downtowns Forbes, January 2014 KPMG 2012, 2015, 2016 Expedia 2018 #2 America’s Best Cities #2 Destinations You Need #3 Best State Capitals to to Live in (Meridian) to See in 2018 Live In (Boise) 24/7 Wall Street, Dec 2016 Lonely Planet, March 2018 WalletHub, February 2018 950 West Bannock Street, Suite 420 • Boise, Idaho 83702 • ( 208) 343- 9300 • icbre.com 7 MARKET OVERVIEW Enrollment College/ BOISE METROPOLITAN AREA (Boise Program University The Boise Metro, at 92.5% of the national cost of living, enjoys some of the lowest costs in the western Valley) United States. Shorter commute times, safer communities, access to outdoor recreation and a high Boise State in-migration rate of workers has created a dynamic workforce with an entrepreneurial vibe. 23,886 4-year University Major economic drivers in the region include semiconductor and other computer product University of 1,000 4-year manufacturing, food product manufacturing, administrative and business support services, and Idaho construction.
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