Home ID Tbd Mtn Mountain Home, ID 83647
This exceptional 4.189-acre parcel in Mountain Home, Idaho (83647), presents a prime opportunity for a 64-unit townhome development. Zoned R-4PUD, the property is shovel-ready, with construction plans included, and offers the unique advantage of purchasing either the entire project or in phases. Each unit sits on its own tax lot, simplifying ownership and management. Located in Elmore County, this development is ideally situated near amenities and provides easy interstate access. Priced at $799,000 ($12,484 per lot), this represents a compelling investment in a rapidly growing market. Mountain Home's population is poised for significant expansion, fueled by Micron's expansion in Boise and the upcoming casino development. The project offers affordable housing options for both Mountain Home Airbase personnel and commuters to Boise, a significant advantage given the projected population influx. The city's commitment to infrastructure improvements, including city-owned broadband, a planned splash pad, and an ice rink, further enhances the property's long-term value and appeal. This is a rare chance to capitalize on a high-demand housing market with a well-planned, ready-to-build project.
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
Similar Nearby for Lease
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.