$799,000
$101K PRICE DROP

Estimated payment $4,723/month

Total Views 5,296
1.25 Acres
$639,200 Price per Acre
54,450 Sq Ft Lot

About This Lot

Pleased to present this shovel ready fully approved 28 unit multifamily apartment complex development site in a rare opportunity zone. 1.25 Acres of arterial frontage in a fast-growing community in Nampa, where considerable funding is being invested by the city. The land has been rezoned to RMH and the project will be two fourteen-unit three story structures. The seller will include a full set of construction plans with the purchase. The property is in a great location and within short distance from Downtown Nampa and the I-84 with national retailers actively building in the area (Starbucks). This is an excellent development opportunity with a tax benefit that will be disappearing in the next ~1.5 yrs.

Listing Agent

Drey Campbell

Lee & Associates Idaho LLC Brokerage Phone: 208-343-2300 Listed on: 09/23/2024

Property Details

Property Type

  • Land

Lot Details

  • 1.25 Acre Lot

Utilities

  • Electricity Not Available
  • Natural Gas Not Available

Listing and Financial Details

  • Assessor Parcel Number R1271000000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 1.25
  • Ownership: Fee Simple
  • Subdivision Name: 0 Not Applic.
  • Attribution Contact: 208-343-2300
  • Special Features: None

Exterior Features

  • Waterfront: No

Utilities

  • Utilities: Electricity Not Available, Natural Gas Not Available

Lot Info

  • Lot Features: 1 Acre - 4.99 Acres
  • Parcel Number: R1271000000
  • Current Use: 5+ Units, Condo/Townhouse
  • Lot Size Sq Ft: 54450

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 463900

Multi Family

  • Above Grade Finished Area Units: Square Feet

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,261 $455,860 $455,860 --
2023 $4,171 $436,040 $436,040 $0
2022 $3,424 $463,900 $396,400 $67,500
2021 $3,527 $299,360 $249,160 $50,200
2020 $3,797 $293,160 $249,160 $44,000
2019 $4,565 $284,460 $249,160 $35,300
2018 $5,241 $0 $0 $0
2017 $4,956 $0 $0 $0
2016 $5,158 $0 $0 $0
2015 $5,106 $0 $0 $0
2014 $5,062 $259,710 $226,510 $33,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 For Sale $799,000 0.0% --
04/16/2025 04/16/25 Pending -- -- --
12/06/2024 12/06/24 Price Changed $799,000 -11.2% --
09/23/2024 09/23/24 For Sale $900,000 -- --
Source: Intermountain MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- New Title Company Name
Warranty Deed -- Empire Title Llc
Warranty Deed -- Pioneer Title Company Of Can
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,140,000 New Conventional
Previous Owner $100,000 Future Advance Clause Open End Mortgage
Previous Owner $150,000 Future Advance Clause Open End Mortgage
Previous Owner $20,505 Unknown
Source: Public Records

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Source: Intermountain MLS

MLS Number: 98924683

Intermountain MLS

APN: 1271000000