55 Tbd Hwy Cascade, ID 83611
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.