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Meridian, ID 83642 1475 E Franklin Rd

1475 E Franklin Rd Meridian, ID - Image 11475 E Franklin Rd Meridian, ID - Image 21475 E Franklin Rd Meridian, ID - Image 3
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1475 E Franklin Rd Meridian, ID - Image 41475 E Franklin Rd Meridian, ID - Image 51475 E Franklin Rd Meridian, ID - Image 61475 E Franklin Rd Meridian, ID - Image 71475 E Franklin Rd Meridian, ID - Image 81475 E Franklin Rd Meridian, ID - Image 91475 E Franklin Rd Meridian, ID - Image 101475 E Franklin Rd Meridian, ID - Image 11
Presented By: Idaho Life Real Estate
  • MLS# 98949803
  • 06/05/2025
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  • Request Info

    Home Details

    Incredible 2.4-acre development opportunity located in an Idaho Opportunity Zone, offering potential tax advantages for investors/developers. The site is fully entitled with R-40 zoning and a 2-year Conditional Use Permit (with extension options) to build 36 apartment units across three-story buildings with 73 parking spaces. City water, sewer, electrical, and pressurized irrigation are available at the property. The approved site plan and entitlements reduce both design time and development risk, allowing a buyer to move quickly toward construction. Ideally located at Franklin and Locust Grove, within a 5-minute drive to the freeway, The Village at Meridian, St. Luke’s Hospital, Storey Park, schools, shopping, and less than 1/4 mile from a transit stop. This is a rare chance to step into a ready-to-build project in one of Meridian’s most accessible and growing areas.
    Presented By: Idaho Life Real Estate

    Interior Features for 1475 E Franklin Rd

    Other Interior Features

    Above Grade Finished Area Unit TypeSquare Feet
    Air Conditioning Y/NNo
    Basement (Y/N)No
    Below Grade Finished Area Unit TypeSquare Feet
    Fireplace Y/NNo
    Heating Y/NNo

    General for 1475 E Franklin Rd

    Additional Parcels Y/NNo
    Attached Garage No
    Building Area UnitsSquare Feet
    Carport Y/NNo
    CityMeridian
    CountyAda
    Current Use5+ Units
    DirectionsEastbound on Franklin Rd. Last driveway on Right before Locust Grove.
    Elementary School DistrictWest Ada School District
    FreeholdBBO, IDX
    Garage Y/NNo
    HOANo
    High School DistrictWest Ada School District
    Home Warranty Y/NNo
    Land Lease Y/NNo
    LeasableAreaUnitsSquare Feet
    Legal DescriptionSee Exhibit A
    Listing TermsCash, Conventional
    Living Area UnitsSquare Feet
    Lot Size Square Feet104108.4
    Lot Size UnitsAcres
    MLS AreaMeridian NE - Boise NW - 1020
    Middle/Junior School DistrictWest Ada School District
    ModificationTimestamp2025-06-08T06:02:45.600Z
    New ConstructionNo
    OwnershipFee Simple
    Property Attached Y/NNo
    Property SubtypeUnimproved Land
    Property TypeLand
    Senior Community Y/NNo
    SewerSewer-Proposed
    Showing InstructionsDrive By (Land Only)
    Standard StatusActive
    StatusActive
    Subdivision Name0 Not Applic.
    Tax Annual Amount1636.3
    Tax Year2024
    UtilitiesElectricity Available, Natural Gas Not Available, Electricity Connected, Sewer Connected, Underground Utilities
    Zoning DescriptionR40

    Exterior for 1475 E Franklin Rd

    Horse Y/NNo
    Irrigation Water Rights Y/NNo
    Lot Features1 Acre - 4.99 Acres, Level
    Lot Size Acres2.39
    Lot Size Area2.39
    Road Frontage TypeRoad Frontage
    SpaNo
    Water SourceCity Service
    Waterfront Y/NNo

    Additional Details

    Price History

    Jesus Yerena Delgado

    Agent
    Price $1,700,000
    MLS#98949803
    List Date 06/05/2025
    Property Type Land
    Phone 801.915.1385
    Request Tour
    Request Info
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