55 Tbd HwyCascade, ID 83611

For Sale
$400,000

Idaho Multifamily Land Investment

Overview

Added:
Dec 11, 2024
Days on market:
93
Prime commercial multifamily land opportunity awaits in Cascade, Idaho's burgeoning River District. This exceptional offering encompasses two approved lots, totaling between 0.64 and 0.82 acres, zoned for both commercial and multifamily use. The property is ideally situated along Highway 55, providing unparalleled visibility and access for northbound traffic exiting the Treasure Valley. Plans call for the construction of a 16-unit, two-story multifamily building. This development represents a unique chance to capitalize on the significant housing shortage in Valley County. The River District itself is a master-planned mixed-use community, boasting three miles of planned walking paths with direct access to the Payette River. Future amenities include conveniently located restaurants, enhancing the desirability and livability of the area. This is the first commercial opportunity along this stretch of Highway 55, offering an unmatched advantage in a rapidly growing market. The asking price for this exceptional investment is $400,000. Don't miss this chance to be part of Cascade's exciting future.

Highlights

  • First master-planned mixed-use development in the area.
  • Three miles of planned walking paths with Payette River access and proximity to planned restaurants.
  • Exceptional opportunity to acquire fully improved multifamily lots, addressing Valley County's housing shortage.
  • Prime commercial lot opportunity for northbound Hwy 55 traffic exiting Treasure Valley.
  • First master-planned mixed-use development in the area.
  • Three miles of planned walking paths with Payette River access and proximity to planned restaurants.

Property Details for 55 Tbd Hwy

Property type
Multifamily properties, Other land
Stories
2
Lot Size (sq. ft)
27,878 SF
Units
16

Location Insight

City
Cascade
County
Valley
State
Idaho
Latitude
44.5809443
Longitude
-116.0400508
55 Tbd Hwy, Cascade, Idaho

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55 Tbd Hwy
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