Current Use by Public Records
- Commercial real estate
Property Details for Forbis Ln
- Lot size
- 6.56 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bellevue
- County
- Blaine
- State
- Idaho
- Longitude
- -114.263
- Latitude
- 43.4677
