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408 N Allumbaugh St
Boise, ID 83704
Allumbaugh St Multi-Family Land · Land For Sale
·
0.94 AC


Executive Summary
Approved for Two, 12-plexes
24 Units: Eighteen 2 bedroom, Six 1 bedroom units
Building Plans submitted to city. Will be ready for development.
166' of Frontage
Site plan and floor plans available in document file
Located within an Opportunity Zone 2.0 eligible census tract
Seller to provide the following Due Diligence items: Topo Survey, Phase 1 Environmental, Geotech, All Site Plans, Elevations, and Floor Plans
24 Units: Eighteen 2 bedroom, Six 1 bedroom units
Building Plans submitted to city. Will be ready for development.
166' of Frontage
Site plan and floor plans available in document file
Located within an Opportunity Zone 2.0 eligible census tract
Seller to provide the following Due Diligence items: Topo Survey, Phase 1 Environmental, Geotech, All Site Plans, Elevations, and Floor Plans
Property Facts
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.94 AC |
| Property Type | Land | No. Stories | 1 |
| Property Subtype | Residential | Opportunity Zone |
Yes
|
| Zoning | MX-1 | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.94 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
| Zoning | MX-1 |
1 Lot Available
Lot
| Price | $1,100,000 | Lot Size | 0.94 AC |
| Price Per AC | $1,173,959.45 |
| Price | $1,100,000 |
| Price Per AC | $1,173,959.45 |
| Lot Size | 0.94 AC |
From Fairview Ave, head north on N Allumbaugh St. Continue past Ustick Rd, and the property will be located on the right.
Description
Multi Family development ground with building plans for two, 12 plexes already submitted to the city. Fast timeline to construction start date. Ideally located near a major amenity, the property offers quick access to the interstate and seamless connectivity to downtown Boise. This is a rare opportunity to acquire a near shovel ready project in a high demand rental market, perfect for developers seeking to accelerate timelines and capitalize on strong local fundamentals. Contact agent for additional information.
Property Taxes
| Parcel Number | R1009000378 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $987,400 |
Property Taxes
Parcel Number
R1009000378
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$987,400
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