For Sale
$900,000

341 Gateway StNampa, ID 83687

Shovel-ready, 28-unit apartment complex site.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 1.25-acre development opportunity is located in Nampa, Idaho, at 341 N Gateway St (APN R1271000000), and is zoned RMH for multifamily use. The fully approved project encompasses two three-story buildings, each containing fourteen units, and includes complete construction plans. Situated on an arterial road, this site offers excellent visibility and convenient access to Interstate 84, just five minutes away, and Downtown Nampa, also five minutes away. The property benefits from its location in a rapidly growing area, with a projected population growth of 2.5%, and proximity to national retailers, including a recently constructed Starbucks. This opportunity zone investment offers significant tax advantages, but these incentives are slated to expire within approximately 1.5 years. The asking price for this prime development land is $900,000. Don't miss this chance to capitalize on the burgeoning Nampa market.

Highlights

  • 5-minute drive to I-84 with convenient access.
  • 5-minute drive to Downtown Nampa.
  • 2.5% projected population growth.
  • Located in an Opportunity Zone.

Property Details for 341 Gateway St

Property type
Land
Lot Size (sq. ft)
54,450 SF

Location Insight

City
Nampa
County
Canyon
State
Idaho
Latitude
43.5928848
Longitude
-116.570967
341 Gateway St, Nampa, Idaho

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341 Gateway St
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