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Entitled Townhome Development Site
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5500 East Homedale Road, Caldwell, ID 83607

Entitled multifamily townhome project with private-entry driveways and garages, planned amenities, and convenient access to major employment corridors.

Property SizeContact for details
Lot Size8.80 Acres
Days on Market66

Property Features for 5500 East Homedale Road

General Information

Standard status Active
Lot size 8.80 Acres
Property subtype Multifamily
Zoning R2

Additional Details

Multifamily Units 95

Building Details

Buildings 15
Units 95
Listing Agency: Berkadia
Listed By: Clay Anderson · License #ID SP34431
Source: Crexi
Added: Jun 8 Changed: Aug 8 Last Checked: Aug 11 at 8:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkadia

Investment Insights

Based on property information with market context.

Canyon Village Lofts is an 8.8-acre, entitled multifamily development site planned for 95 luxury 2- and 3-bedroom townhomes. The proposed residences are designed with private entries, driveways, and parking that includes a single-car garage or rear-loaded two-car garage options. Many units are planned to include private fenced yards. Community amenities are slated to include a pool, clubhouse, dog park, kids park, and retention ponds with mature landscaping.

The site is located in Caldwell, Idaho, with convenient access to Interstate 84 and surrounding regional employment and retail. Minutes away, the location is described as offering access to Amazon, St. Alphonsus Medical Center, College of Western Idaho, and J.R. Simplot Company, along with shopping and dining at Karcher Mall and Treasure Valley Marketplace.

As proposed, Canyon Village Lofts targets renters who want single-family-style space and privacy without ownership responsibilities. The planned product mix and amenity set are positioned to appeal to relocating professionals, young families, and downsizing empty-nesters, while emphasizing a maintenance-light rental experience and flexibility of lease terms for qualified tenants.

Key Highlights

  • 8.8‑acre entitled multifamily development site in Caldwell, ID
  • Planned community of 95 luxury townhomes with 2- and 3‑bedroom layouts
  • Townhome sizes planned from 1,200 to 1,880 SF with private entries and driveways

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Pharmacy Parking Lot & Garage Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

95
Residential units

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 83607, ID

36,024
Population
11,858
Households
3
Avg Household Size
35
Median Age
23%
College-Educated
87%
High-School Grad
230.0 sq mi
ZIP Area
157
Density / Sq Mi
$80,170
Median Household Income
$40,259
Median Earnings
$1,404
Median Rent
$385,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Entitled multifamily townhome project with private-entry driveways and garages, planned amenities, and convenient access to major employment corridors.
Where is this apartment building located?
The property is located at 5500 East Homedale Road Caldwell, ID.
What are key features of this property?
This property features: 8.8‑acre entitled multifamily development site in Caldwell, ID; Planned community of 95 luxury townhomes with 2- and 3‑bedroom layouts; Townhome sizes planned from 1,200 to 1,880 SF with private entries and driveways
(208) 906-9515 Call to check price and availability
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