1225 Etheridge LnBoise, ID 83704

Property Details for 1225 Etheridge Ln

Lot size

2.11 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 2.11-acre development site in Boise, Idaho, presents a compelling investment opportunity. Located in Ada County, at 1225 N Etheridge Ln, zip code 83704, this property offers multiple development paths due to its R-1B zoning, with potential for higher density rezoning. The site is ideally situated for townhomes, single-family rentals, or multifamily housing, with preliminary designs suggesting the potential for at least 26 townhomes. Adding to its appeal, an existing rental house on the property currently generates $1,900 per month in rental income. Its prime location near the Boise Town Square Mall and the vibrant Milwaukee Street retail corridor provides immediate access to a wealth of amenities, including dining, shopping, and grocery stores. The property's proximity to Downtown Boise further enhances its desirability. The asking price is $2,300,000. Comparables in the area show a median sale price of $479,000. This infill site represents one of the most attractive investment opportunities within the Boise MSA.

Location Insight

City

Boise

County

Ada

State

Idaho

Latitude

43.6165

Longitude

-116.281

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