1475 E Franklin Rd Meridian ID (#98994072) - Mountain Luxury
1475 E Franklin Rd Meridian ID 83642
New Listing

MLS# 98994072 • Land

1475 E Franklin Rd Meridian, ID 83642

Presented by Continental Real Estate Group.

$1,700,000

$/month |

2.39
Acreage

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Listed By Idaho Life Real Estate, Shelby Matson, garrett@idaholife.com. © 2026 Intermountain Multiple Listing Service® MLS. All rights reserved.

Description

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.

Property Details

Water/Sewer Public
Taxes $1,636

$1,700,000

$/month

2.39
Acreage

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Point of Interest Map

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The information being provided is for consumers' personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers. Information is deemed reliable but not guaranteed.