6868 Floating Feather Rd, Eagle, ID 83616
Exceptional opportunity to acquire Moscato Secco No. 1 Subdivision, a prime 11.4-acre residential land development in Eagle, Idaho. This phase boasts a preliminary plat approval for 45 residential lots, ranging in size from 4,191 square feet to 19,199 square feet, catering to both duet and single-family homes. The property is part of the larger Torrente Secco master-planned community, a 276.75-acre development encompassing 613 residential lots, 13.34 acres of commercial space, and a planned elementary school. Construction drawings are currently in progress for phases one through five, presenting a unique opportunity to purchase single phases, multiple phases, or the entire project. Utilities are conveniently located at or near the site, simplifying development. The property is zoned R4-DA, MU-DA, and R2-DA, providing flexibility for various residential development options. This is an ideal investment for developers seeking a well-planned, ready-to-build residential community in a thriving Idaho location. The parcel number is S0403438410. The asking price for this exceptional opportunity is $3,688,785.
Cap rate
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Property description
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Risks
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