Property Search Details

1475 E Franklin Rd Meridian, ID 83642

Directions

Eastbound on Franklin Rd. Last driveway on Right before Locust Grove.

Price: $1,700,000
Beds:
Baths: 0
Garages:
Type: Unimproved Land
Area: Meridian NE - Boise NW - 1020
Land Size: 1 Acre - 4.99 Acres, Level
SqFt:
Acres: 2.39
Subdivision: 0 Not Applic.

Includes

Water: City Service

Schools

School District: West Ada School District

Contact for more details:

A-Team Consultants
1099 S Wells St #200, Meridian, ID 83642
Phone: 208.761.1735   Email: info@ateamboise.com

Description

Incredible 2.4-acre development opportunity located in an Idaho Opportunity Zone, offering potential tax advantages for investors/developers. The site is fully entitled with R-40 zoning and a 2-year Conditional Use Permit (with extension options) to build 36 apartment units across three-story buildings with 73 parking spaces. City water, sewer, electrical, and pressurized irrigation are available at the property. The approved site plan and entitlements reduce both design time and development risk, allowing a buyer to move quickly toward construction. Ideally located at Franklin and Locust Grove, within a 5-minute drive to the freeway, The Village at Meridian, St. Luke???s Hospital, Storey Park, schools, shopping, and less than 1/4 mile from a transit stop. This is a rare chance to step into a ready-to-build project in one of Meridian???s most accessible and growing areas.
Legal Description:
See Exhibit A
Listing info for this property courtesy of  Idaho Life Real Estate  Information deemed reliable but not guaranteed. Buyer to verify all information. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s), shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.