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    406 E 48Th St Garden City, ID 83714

    For Sale
    $2,250,000

    Build to Suit Residential - Garden City, ID

    Lot size:
    0.63 Acres
    Days on Market:
    118
    Last Refresh:
    Dec 8 at 12:06 pm

    Property Features for 406 E 48Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    R2734523137
    Lot size
    0.63 Acres

    Building Details

    Architectural style
    Other

    Homes of Idaho (208) 442-1530 [email protected]

    Listing agent Tara Hindman (208) 442-1530

    Listing date Aug 13, 2025

    MLS# 98957798 Listing URL

    Copyright © 2025 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Garden City Residential Development Opportunity

    This 0.63-acre residential land offers a build-to-suit opportunity for a 13-unit townhouse community in Garden City, Idaho. The development, named "ELLE ESTATES," has already received city approval for construction plans, allowing builders to promptly obtain permits. The location is in the heart of Garden City, near the Green Belt and Boise River. The approved plans include two different floor plans and sizes for the three-story townhomes. Larger units feature a standard two-car garage, while smaller units have two-car tandem garages. All units include rooftop patios. The site is prepped, and utilities are available through the city. The Park at Expo Idaho, located 1.4 miles away, is scheduled for completion by the end of next year, aligning with the timeline for the completion of these 13 new homes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Garden City
    County
    Ada
    State
    Idaho
    Longitude
    -116.257307
    Latitude
    43.642435

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    FAQs

    What type of property is this?
    Residential land & home lot - Approved 13-unit townhouse development site in the heart of Garden City.
    Where is this residential land & home lot located?
    The property is located at 406 E 48Th St Garden City, ID.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: - Approved development and construction plans ready for permit application.; - Upscale 13-unit townhouse community in Garden City.; - Proximity to the Green Belt and Boise River.
    (208) 442-1530
    Request Owner's contact information
    406 E 48Th St Garden City, ID 83714
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    Garden City, ID 83714
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    406 E 48Th St Garden City, ID 83714
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