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Property profile & analytics
OFF-MARKET
Land

55 Tbd Hwy Cascade, ID 83611

0.64 ac lot
Property ID
Property summary
AI-generated overview

Prime commercial multifamily land opportunity awaits in Cascade, Idaho's burgeoning River District. This exceptional offering encompasses two approved lots, totaling between 0.64 and 0.82 acres, zoned for both commercial and multifamily use. The property is ideally situated along Highway 55, providing unparalleled visibility and access for northbound traffic exiting the Treasure Valley. Plans call for the construction of a 16-unit, two-story multifamily building. This development represents a unique chance to capitalize on the significant housing shortage in Valley County. The River District itself is a master-planned mixed-use community, boasting three miles of planned walking paths with direct access to the Payette River. Future amenities include conveniently located restaurants, enhancing the desirability and livability of the area. This is the first commercial opportunity along this stretch of Highway 55, offering an unmatched advantage in a rapidly growing market. The asking price for this exceptional investment is $400,000. Don't miss this chance to be part of Cascade's exciting future.

Property profile
Verified
Property type Land
Lot 0.64 ac (27,878 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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