1475 E Franklin Rd, Meridian, ID 83642

Meridian
Local realty services provided by:Better Homes and Gardens Real Estate 43° North
1475 E Franklin Rd,Meridian, ID 83642
$1,700,000
  • 2.39 Acres
  • Lots / Land
  • Pending
Listed by: shelby matson
Office: idaho life real estate
MLS#:98949803
Source:ID_IMLS

Price summary

  • Price:$1,700,000

About this home

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.

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Home facts

  • Listing ID #:98949803
  • Added:370 day(s) ago
  • Updated:June 11, 2026 at 08:03 AM

Structure and exterior

  • Lot area:2.39 Acres

Utilities

  • Water:City Service
  • Sewer:Sewer-Proposed

Finances and disclosures

  • Price:$1,700,000
  • Tax amount:$1,636 (2024)
Property information provided by the RAFGC MLS – a service of the REALTOR® Association of Franklin & Gulf Counties.

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