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
  • Active
Listed by: shelby matsonMain: 208-631-6930
Office: idaho life real estate
MLS#:98994072
Source:ID_IMLS

Price summary

  • Price:$1,700,000

About this home

Incredible 2.39-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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Subdivision & Development:0 Not Applic.
  • Listing ID #:98994072
  • Added:21 day(s) ago
  • Updated:August 06, 2026 at 02:22 PM

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.

New listings near 1475 E Franklin Rd