CALL FOR OFFERS 8373 VICTORY ROAD DEVELOPMENT GROUND | BOISE, IDAHO BIDS DUE JULY 7, 2021 | 2:00PM MST NEW! 15 ACRES Michael Ballantyne, CCIM, SIOR | 208.947.0831 | [email protected] Updated 5.6.2021 | 8373 Victory Road This information was obtained from sources believed reliable but cannot be guaranteed. Any opinions or estimates are used for example only. tokcommercial.com 1 [1] CALL FOR OFFERS PUBLIC NOTICE LEGAL NOTICE NOTICE OF PROPERTY FOR SALE #P2102153 Notice is hereby given that sealed bids in the form of an earnest money agreement will be received by the Board of Trustees of the Independent School District of Boise City, 8169 W. Victory Road, Boise, Idaho until 2:00 p.m., July 7, 2021, for the sale of property as follows: 15.00 Acres of Development Ground Located on South Side of Victory Rd. between Cole Rd. and Maple Grove Rd. 8373 W. Victory Rd. Boise, Idaho Parcel Number: S1125212503 in Ada County BID PROCEDURES Bid instructions are available through Michael J. Ballantyne at TOK Commercial Real Estate. Their offices are located on the second floor at 250 S. Fifth Street in Boise, Idaho. In addition, please direct all questions regarding this property to Mr. Ballantyne. He can be contacted at (208) 947-0831 or at mjb@ tokcommerical.com. A Certified Check or Cashier’s Check in the amount of $25,000.00 made payable to TitleOne Corporation must accompany each bid as earnest money. All bids shall be opened and publicly disclosed at the District Service Center, Purchasing Office, 8169 West Victory Road, Boise, Idaho, following the closing hour for said bids, as indicated in the notice. Bids received after the time of opening shall not be considered. No bidder may withdraw his bid after the hour set for the opening or before award of sale unless said award is delayed for a period of thirty (30) days. The Board of Trustees reserves the right to reject any and or all bids or to waive any informality, or to accept the bid or bids deemed best for the Independent School District of Boise City #1. INDEPENDENT SCHOOL DISTRICT OF BOISE CITY Sharon Mast, Board Clerk Pub. 2T May 7 & May 14, 2021 2 consecutive Friday Issues Updated 5.6.2021 | 8373 Victory Road This information was obtained from sources believed reliable but cannot be guaranteed. Any opinions or estimates are used for example only. tokcommercial.com 2 [2] CALL FOR OFFERS BID INSTRUCTIONS You are hereby invited to submit a bid for the purchase of the Each bid shall be accompanied by a certified check or a cashier’s property located at 8373 W. Victory Road, Boise, Idaho 83709 check as earnest money in the sum of Twenty Five Thousand Dollars (Parcel S1125212400). All showings shall be coordinated through ($25,000.00) made payable to TitleOne Corporation. the listing agent. Please do not enter the property without an appointment. Terms of Sale: Cash at closing, which shall be within ninety (90) days after the award, or most favorable terms acceptable to the Seller. If Sealed bids in the form of a signed Real Estate Purchase and Sale the successful bidder is unable to close within ninety-day period, Agreement will be received by Boise Independent School District the earnest money will be forfeited and retained by Seller and the until 2:00 PM on Wednesday, July 7, 2021 at the Purchasing sale may be awarded to another bidder. Conveyance will be by Department of the District Services Center located at 8169 W. special warranty deed and subject to existing liens, assessments, Victory Road, Boise, Idaho 83709. and easements of record. All envelopes containing bids are to be clearly marked “BID FOR All questions regarding these properties should be directed to: PURCHASE OF 8373 VICTORY ROAD” on the face of the envelope. Michael Ballantyne, SIOR, CCIM The envelope itself is to be addressed as follows: [email protected] (208) 947-0831 District Services Center Attn: Scott Engum The Seller reserves the right to reject any and all bids or to waive Purchasing Department any informality, or to accept the bid or bids deemed best for the 8169 W. Victory Road Seller. Boise, ID 83709 Representations and warranties of Seller: Buyer acknowledges and Bids received after the due date and time of opening shall not be agrees that Buyer is acquiring property in its “AS IS” condition and considered. No bidder may withdraw his/her bid after the hour set solely in reliance on Buyer’s own inspection; and that other than as for the opening or before award of sale or sales unless said award set forth in the purchase agreement, neither Seller nor any agents, or awards are delayed for a period of thirty (30) days. All bids shall representative or employees of Seller, has made any representations be opened immediately after the closing hour for said bids, as or warranties, express or implied, verbal or written, with respect to indicated in the enclosed notice. any aspect of the property including without limitation the physical and environmental condition of the property (and the subsurface conditions of the soil and water) or its fitness for any particular use. Updated 5.6.2021 | 8373 Victory Road This information was obtained from sources believed reliable but cannot be guaranteed. Any opinions or estimates are used for example only. tokcommercial.com 3 [3] CALL FOR OFFERS PROPERTY SUMMARY PROPERTY INFORMATION Property Address: 8373 W. Victory Road, Boise, ID 83709 Property Type: Vacant Land Parcel ID: S1125212503 Legal Description: PAR #2503 OF NE4NW4 SEC 25 3N 1E #212502-B Subdivision: 3N/01E/25 Parcel Size: 15 Acres Current Zoning: Ada County - RSW Future Land Use: Boise Comp Plan shows the future use as “Education”, however please see statement from the City of Boise on page 7. LAND INFORMATION Utilities: All at or near site Water Source: Public Sewer: Public Improvements: Existing sidewalks and curb & gutter Topography: Level CLICK HERE FOR PRELIMINARY Irrigation District: New York Irrigation TITLE COMMITMENT COMPENSATION: 2% fee to buyer’s broker Updated 5.6.2021 | 8373 Victory Road This information was obtained from sources believed reliable but cannot be guaranteed. Any opinions or estimates are used for example only. tokcommercial.com 4 [4] CALL FOR OFFERS BOISE AIRPORT AREA OF INFLUENCE This property is in the City of Boise’s Impact Area and the Airport Influence Area A and is currently zoned R2 (Ada County) which allows 2 residential units per acre and if annexed would be brought in as A-1 or A-2. Boise Airport Influence Area A criteria is as follows: The majority of the property already contains an avigation easement. A small portion that fronts Victory Road does not - a new easement will be needed. There would be no height restrictions for residential or commercial/industrial development at this location. For more information on avigation easements, please visit iflyboise.com | Noise Compatibility Program Forms and property search at bottom of page. Updated 5.6.2021 | 8373 Victory Road This information was obtained from sources believed reliable but cannot be guaranteed. Any opinions or estimates are used for example only. tokcommercial.com 5 [5] CALL FOR OFFERS PLAT MAP Updated 5.6.2021 | 8373 Victory Road This information was obtained from sources believed reliable but cannot be guaranteed. Any opinions or estimates are used for example only. tokcommercial.com 6 [6] CALL FOR OFFERS ZONING DISTRICT A STATEMENT FROM THE CITY OF BOISE DEVELOPMENT CODE 11-04-02: Open Land Districts 1. General Purpose Of All Open Land Districts: To provide for uses such as parks; schools; dedicated open spaces; protected environmental sites such as wetlands and riparian areas; hazardous areas such as floodways, steep slopes, landslides, and airport approach areas; low-density residential development; and agriculture. 2. Open Land Very Low Density (A-1) District: To provide for low density residential use and land uses requiring larger land areas for development such as parks, schools, golf courses, agriculture, and rural residential neighborhoods. August 24, 2020 3. Open Land Reserve (A-2) District: Michael J. Ballantyne A. Purpose: To provide for permanent open space and to properly guide growth of the fringe areas of the city. The A-2 district TOK Commercial classification should be applied to property that is not intended for development, or for property that the city desires to be 250 South Fifth Street subject to stronger development limitations than would be provided by the A-1 district. Lands may be assigned to an A-2 Boise, Idaho 83702 district classification to: [email protected] (1) Set aside lands for open space uses, including floodways, riparian areas, steep slopes, and flood control facilities; (2) Enhance and preserve the character of parks and other publicly owned properties; (3) Encourage agricultural and grazing uses; Dear Mr. Ballantyne: (4) Serve as a low intensity use zone. Thank you for the opportunity to provide feedback on the future use of the roughly 15-acre parcel located at 8373 W. Victory Road. Our preliminary guidance is highlighted below. 4. Dimensional Standards For Open Land Districts: While currently located in Ada County, the undeveloped property abuts Boise City Limits to the north. Sewer lines are located along three of the four parcel boundaries. Subdivision and development of the property will require annexation and connection to City sewer. Table 11-04.2 Dimensional Standards for Open Lands The property is designated for educational use on the Land Use Map of Blueprint Boise. This limits the implementing zones upon annexation to A-1 or A-2 (Open Land), with a maximum Dimensional Standard A-1 A-2 residential density of one dwelling unit per acre.