For Sale
$2,300,000

1225 Etheridge LnBoise, ID 83704

2.11 Acres, Prime Boise Location

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 2.11-acre development site in Boise, Idaho, presents a compelling investment opportunity. Located in Ada County, at 1225 N Etheridge Ln, zip code 83704, this property offers multiple development paths due to its R-1B zoning, with potential for higher density rezoning. The site is ideally situated for townhomes, single-family rentals, or multifamily housing, with preliminary designs suggesting the potential for at least 26 townhomes. Adding to its appeal, an existing rental house on the property currently generates $1,900 per month in rental income. Its prime location near the Boise Town Square Mall and the vibrant Milwaukee Street retail corridor provides immediate access to a wealth of amenities, including dining, shopping, and grocery stores. The property's proximity to Downtown Boise further enhances its desirability. The asking price is $2,300,000. Comparables in the area show a median sale price of $479,000. This infill site represents one of the most attractive investment opportunities within the Boise MSA.

Highlights

  • 2.11-acre infill development site in Boise, ID.
  • R-1B zoning with potential for higher density rezoning.
  • Development options include townhomes, single-family rentals, or multifamily units.
  • Existing rental house provides $1,900/month in rental income.
  • Excellent location near Boise Town Square Mall and Milwaukee Street's retail corridor.

Property Details for 1225 Etheridge Ln

Property type
Land
Lot Size (sq. ft)
91,912 SF

Location Insight

City
Boise
County
Ada
State
Idaho
Latitude
43.6164669
Longitude
-116.2807377
1225 Etheridge Ln, Boise, Idaho

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1225 Etheridge Ln
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