1505 Boise Ave Caldwell, ID 83605
This exceptional one-acre commercial/industrial/residential lot in Caldwell, Idaho, presents a unique redevelopment opportunity. Located at 1505 Boise Ave, 83605, this property boasts a prime location directly on the Golden Gate canal, separated from the Boise River only by a walking path. The asking price is $175,000, representing a land value of $183,394.50 per acre. The existing structures on the site require demolition, opening the door for a variety of new developments. City of Caldwell approvals are in place for multiple uses, including duplexes, triplexes, fourplexes, or even a tiny home community. The serene setting, with direct canal access and proximity to the Boise River, offers a unique and desirable living environment. Imagine the potential of adding a bridge over the canal for direct access to the river walk, enhancing the property's appeal and value. This versatile property is ready for an investor with a vision to create something truly special in a highly sought-after location. The property's zoning allows for diverse development options, making it an attractive investment for both residential and commercial ventures. This is a rare chance to acquire a large parcel in a thriving Idaho community.
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
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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.