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Commercial Land with Rental Units
For Sale
$2,750,000

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

Commercial Sale, Bellevue, ID

Property SizeContact for details
Days on Market98

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 #SP44370
Added: Jul 2 Changed: Oct 2 Last Checked: Oct 7 at 12:06AM
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 commercial land offering combines a development parcel with 4 existing rental properties that generate cash flow. The site may support LI or residential development, with residential use requiring PUD approval from the City of Bellevue.

The property is located in Bellevue, Idaho, at Forbis Lane, N Main, and Spruce Lane. Its existing rental component provides an operating use while future development options remain subject to municipal approval.

Key Highlights

  • Commercial development parcel in Bellevue, Idaho
  • 4 existing rentals generate cash flow
  • Potential LI use identified

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Development land includes existing rentals and may accommodate LI or residential use subject to City of Bellevue PUD approval.
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: Commercial development parcel in Bellevue, Idaho; 4 existing rentals generate cash flow; Potential LI use identified
More about this property
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