695 S. Parkinson St.
Downtown Eagle Single Family Development Land For Sale | Covered Land Play
Marketing description
Lee & Associates is pleased to present 1.6 acres of development ground for sale. This property is found within the city limits and is located near a large amount of high-end re-development projects. The parcel’s current zoning is R-4, which allows 6 housing lots to be developed. Per talk with the city, the zoning could be changed to R-8, allowing 12 housing lots to be developed. The city has also expressed that they no longer want to have a mobile home park at this location, so no alterations or additions can be done in that regard. The property is a covered land play bringing in rental income for the foreseeable future.
The parcel currently uses well water and the property owners cover costs for sewage, power, and trash. The property is in a great location and within a short distance from Downtown Eagle. In addition, the parcel is surrounded by a large variety of amenities.
Investment highlights
Located near a large amount of high end re-development
Projected population growth of 4.5%
Covered land opportunity
Rare Eagle infill opportunity
Close to Downtown Eagle and direct shot to Downtown Boise
Bike ride away from River
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