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341 Gateway - Fully Approved Multifamily Development Land
1.25 Acres of Commercial Land Offered at $799,000 in Nampa, ID 83687
Investment Highlights
- 5 minutes from the I-84 with easy access
- Projected population growth of 2.5%
- Walking distance from a newly constructed Starbucks
- Located 5 minutes from Downtown Nampa
- Opportunity Zone Investment
Property Facts
| Price | $799,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 1.25 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $799,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 1.25 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $799,000 | Lot Size | 1.25 AC |
| Price Per AC | $639,200 |
| Price | $799,000 |
| Price Per AC | $639,200 |
| Lot Size | 1.25 AC |
Description
Lee & Associates is pleased to present this shovel ready fully approved 28 unit multifamily apartment complex development site in a rare opportunity zone. 1.25 Acres of arterial frontage in a fast-growing community in Nampa, where considerable funding is being invested by the city. The land has been rezoned to RMH and the project will be two fourteen-unit three story structures. The seller will include a full set of construction plans with the purchase. The property is in a great location and within short distance from Downtown Nampa and the I-84 with national retailers actively building in the area (Starbucks). This is an excellent development opportunity with a tax benefit that will be disappearing in the next ~1.5 yrs.
zoning
| Zoning Code | RMH |
| RMH |
Presented by
341 Gateway - Fully Approved Multifamily Development Land
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