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    120 2Nd Ave N Nampa, ID 83687

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    For Sale
    $620,000

    Affordable multifamily development site bordering Indian Creek.

    Lot size:
    1.19 Acres

    Property Features for 120 2Nd Ave N

    General Information

    Lot size
    1.19 Acres
    Source: Moodyscre

    Listing Agent: Lincoln Hagood

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Development Site Opportunity

    This property presents an opportunity for multifamily development. The site, which borders Indian Creek, may be eligible for up to 31 units. It is located in a Qualified Census Tract (QCT) for Low-Income Housing Tax Credit (LIHTC) development. Situated less than a mile from Interstate 84 and grocery stores, the location offers convenient access. This infill development land represents a rare acquisition opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Nampa
    County
    Canyon
    State
    Idaho
    Longitude
    -116.5690049
    Latitude
    43.5898544

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    FAQs

    What type of property is this?
    Land - Affordable multifamily development site bordering Indian Creek.
    Where is this land located?
    The property is located at 120 2Nd Ave N Nampa, ID.
    What is the asking price?
    The asking price for this property is $620,000.
    What are key features of this property?
    This property features: - Rare opportunity to acquire infill development land.; - Development site may be eligible for up to 31 units.; - Located in QCT (Qualified Census Tract) for LIHTC development.
    (208) 472-1667
    Request Owner's contact information
    120 2Nd Ave N Nampa, ID 83687
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    Nampa, ID 83687
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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
    120 2Nd Ave N Nampa, ID 83687
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