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    Logan St Caldwell, ID 83605

    Sponsored
    For Sale
    $1,197,700

    Multi-family development opportunity in Caldwell, ID.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.5-acre parcel in Caldwell, Idaho, presents a remarkable multi-family development opportunity. Located on Logan Street, in Canyon County, zip code 83605 (latitude 43.655201, longitude -116.7131779), this land is zoned for residential use and boasts pre-approved plans for a vibrant community. The approved design incorporates a diverse unit mix, including three 12-plex buildings, two 8-plex buildings, and one 6-plex building, catering to a wide range of residents. Beyond the residential units, the development plan thoughtfully integrates extensive community amenities. Residents will enjoy ample communal space, perfect for socializing and relaxation, featuring proposed picnic and BBQ areas, a children's play lot, a firepit for cozy evenings, and a connecting community pathway. The inclusion of EV charging stations reflects a commitment to modern, sustainable living. Civil construction drawings are complete, streamlining the development process. The property's prime location offers easy access to Indian Creek Plaza and the award-winning downtown Caldwell area, providing residents with convenient access to shopping, dining, and entertainment. This is an exceptional investment opportunity for developers seeking to create a thriving, amenity-rich multi-family community in a desirable Idaho location. The asking price for this remarkable property is $1,197,700.

    Property Features for 0 Logan St

    General Information

    Property type
    Land

    HighLights

    • Approved multi‑family development plan with quality design, market‑rate units, and EV charging stations.
    • Unit mix: three 12‑plex, two 8‑plex, and one 6‑plex buildings.
    • Extensive community amenities including picnic/BBQ areas, playground, fire pit, and walking path.
    • Complete civil construction drawings.
    • Prime location near Indian Creek Plaza and downtown Caldwell.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Caldwell
    County
    Canyon
    State
    Idaho
    Longitude
    -116.7131779
    Latitude
    43.655201

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    FAQs

    What type of property is this?
    Land - Multi-family development opportunity in Caldwell, ID.
    Where is this land located?
    The property is located at Logan St Caldwell, ID.
    What is the asking price?
    The asking price for this property is $1,197,700.
    What are key features of this property?
    This property features: Approved multi-family development plan with quality design, market-rate units, and EV charging stations.; Unit mix: three 12-plex, two 8-plex, and one 6-plex buildings.; Extensive community amenities including picnic/BBQ areas, playground, fire pit, and walking path.
    (208) 996-1055
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    Logan St Caldwell, ID 83605
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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
    Logan St Caldwell, ID 83605
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