0 Tbd Air Base Rd Mountain Home, ID 83647
This exceptional 12.66-acre commercial land parcel in Mountain Home, Idaho (APN: RP03S06E352450), presents a remarkable investment opportunity. Located near the Air Base and municipal airport on TBD Air Base Rd, 83647, this pre-platted site is primed for immediate development. City approval has been secured for a preliminary plat encompassing 44 lots – 38 developable and 6 common areas – designed for 38 four-plex buildings, totaling 152 units. The property is zoned C-4 (heavy commercial), permitting multi-family construction. Utilities are either stubbed at the property line or readily accessible nearby. A geotechnical investigation is complete, and the site is ready for horizontal construction. This project is perfectly positioned to capitalize on Mountain Home's extremely low vacancy rate (under 5%) and the high demand for housing driven by the nearby Air Force base and its personnel. The asking price is $1,368,000. This is a truly shovel-ready opportunity to build a thriving residential community in a high-growth area.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.