Property summary
This exceptional 6.56-acre parcel in Bellevue, Idaho presents a compelling investment opportunity. Currently generating positive cash flow from four existing rental properties, this land offers significant upside potential. The property is zoned for either light industrial (LI) or residential development, having already received Planned Unit Development (PUD) approval from the City of Bellevue. This approval streamlines the development process, reducing potential delays and associated costs. The existing rental units provide immediate return on investment while plans for future development are explored. The substantial acreage allows for a variety of development scenarios, catering to diverse project visions. This is a rare opportunity to acquire a large, well-located parcel in a thriving community with existing income and pre-approved development plans. The property's location in Bellevue offers access to essential amenities and infrastructure, further enhancing its appeal to both developers and investors. Serious inquiries are encouraged to explore the full potential of this remarkable property. The existing rental income provides a stable foundation for future growth and development, making this a truly unique and attractive investment. Detailed financial information and development plans are available upon request. Don't miss this chance to secure a prime piece of Bellevue real estate.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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