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- LoopNet Team
1067 Main
Payette, ID 83661
Land For Sale
·
7.00 AC
INVESTMENT HIGHLIGHTS
- Sale Price Negotiable, Contact Agent
- Retail ±3.7 Acres
- Exists in a Difficult Development Area (DDA)
- Multi-Family ±3.25 Acres
- Plat Application has Been Submitted
- Eligible for Low Income Tax Credit Housing (LITCH)
PROPERTY FACTS
DESCRIPTION
Retail & multi-family development land opportunity located in Payette, Idaho. Seller is developing a self-storage facility on the land to the west of the subject property. Potential site design includes 11 - 4 plex’s on +/-3.25 acres and 4 retail-service parcels totaling +/-3.7 acres. The site is shovel ready with utilities at or near site. Location will draw from surrounding Cites - Fruitland, Idaho and Ontario, Oregon. North of Highway 95 - Main Street junction. Multi-Family Status - Plat application has been submitted to deliver 12 parcels May 2023 - Buyer to submit construction drawings, engineering & secure building permits - Exists in a Difficult Development Area (DDA), making it eligible for Low Income Tax Credit Housing (LITCH) – Qualified Opportunity Zone. Retail Status - Shovel Ready - Qualified Opportunity Zone - Plat application has been submitted to deliver 4 retail/service parcels May 2023, potential uses include retail/QSR/service/office/medical.
