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Commercial Development Land Parcel
For Sale
$2,750,000

Forbis Lane N Main & Spruce Lane, Bellevue, ID 83313

COMMERCIAL - Bellevue, ID

Property SizeContact for details
Days on Market52

Property Features for Forbis Lane N Main & Spruce Lane

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Marty's Meadow
Directions Located on the east side of Highway 75 when the highway narrow to two lanes from four.
Standard status Active
APN multiple

Taxes and HOA fees

Tax Year 2026
Tax Description Call office for full legal
Tax Annual Amount 6092
Legal Description Call office for full legal
Listing Agency: Eagan Real Estate, Inc.
Listed By: Toby Eagan · License #44370
Added: Jul 2 Changed: Aug 4 Last Checked: Aug 22 at 5:06AM
MLS# 26-334668

Copyright © 2026 Sun Valley Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This development parcel offers flexibility for future use, with the stated potential to support either LI development or residential development with PUD approval from the City of Bellevue. The property includes four existing rentals, which the seller reports are generating positive cash flow.

The site is positioned within the City of Bellevue planning process, where PUD approval would be required for the residential pathway described in the remarks.

For buyers evaluating redevelopment, the parcel’s current configuration includes income-producing rental units while entitlement approvals remain a key next step.

Key Highlights

  • Development parcel with potential for LI or residential use with PUD approval from the City of Bellevue
  • 4 existing rental units generate positive cash flow

Property Analytics

Current Use

Commercial land

Lease Details

4
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

269
Businesses Nearby

Demographics for 83313, ID

3,815
Population
1,410
Households
2.7
Avg Household Size
43
Median Age
24%
College-Educated
85%
High-School Grad
257.6 sq mi
ZIP Area
15
Density / Sq Mi
$83,705
Median Household Income
$24,797
Median Earnings
$1,496
Median Rent
$512,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Development parcel with potential for LI or residential pending PUD approval, plus four existing rentals providing cash flow.
Where is this commercial land located?
The property is located at Forbis Lane N Main & Spruce Lane Bellevue, ID.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Development parcel with potential for LI or residential use with PUD approval from the City of Bellevue; 4 existing rental units generate positive cash flow
More about this property
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