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About the Listing 12926 - 561430
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.
Listing Highlights for 1475 E Franklin Rd
Status
Active
Days on Site
93
Property Type
Vacant Land
MLS ®
98949803
Year Built
Total Square Footage
0
Lot/Acreage
2.39
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City Service
Exterior Details
- Lot Description: 1 Acre - 4.99 Acres,Level,2-5 Acres
- Garage Capacity: N/A
- Zoning: R40
- Roof:
- Others:
- Sewer: Sewer-Proposed
Financial Details
- Tax Amount: $1,636
- Taxes w/Assessments: N/A
- Tax/Property ID: S1118110051
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
1475 E Franklin Rd Meridian, ID 83642
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