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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 - 208-631-6930
  • MLS# 98949803
  • 06/05/2025
  • Request Tour
  • 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 - 208-631-6930

Interior Features for 1475 E Franklin Rd

Other Interior Features

Above Grade Finished Area Unit TypeSquare Feet
Below Grade Finished Area Unit TypeSquare Feet

General for 1475 E Franklin Rd

Building Area UnitsSquare Feet
CityMeridian
CountyAda
Current Use5+ Units
DirectionsEastbound on Franklin Rd. Last driveway on Right before Locust Grove.
Elementary School DistrictWest Ada School District
FreeholdIDX
High School DistrictWest Ada School District
LeasableAreaUnitsSquare Feet
Legal DescriptionSee Exhibit A
Listing TermsCash
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
ModificationTimestamp2025-07-23T20:13:05.900Z
OwnershipFee Simple
Property SubtypeUnimproved Land
Property TypeLand
SewerSewer-Proposed
Standard StatusActive
StatusActive
Subdivision Name0 Not Applic.
Tax Annual Amount1636.3
Tax Year2024
UtilitiesElectricity Available
Zoning DescriptionR40

Exterior for 1475 E Franklin Rd

Lot Features1 Acre - 4.99 Acres
Lot Size Acres2.39
Lot Size Area2.39
Road Frontage TypeRoad Frontage
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
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