2705 & 2709 N Cole Rd
- ±0.846-acre infill development opportunity spanning two parcels along N. Cole Road in Boise.
- R-2 zoning with conceptual development options for nine townhomes or ten condominium units.
- Two existing rental homes generate approximately $2,000 in monthly income, providing holding income during development planning.
- Condominium plat, landscape plans, and building plans available to support future development.
- ACHD and City of Boise approval documentation available for prospective buyers to review.
- Strategically located along N Cole Road in an established Boise corridor, surrounded by dense residential neighborhoods with more than 114,000 residents within a 3-mile radius.
Property Description
Cole Road Residential Land presents a compelling infill residential development opportunity spanning two parcels at 2705 and 2709 N. Cole Road. This ±0.846-acre site is zoned R-2 and supported by conceptual development options for nine townhomes or ten condominium units, offering flexibility for a range of residential investment strategies. The property also includes two existing rental homes generating approximately $2,000 in monthly income, creating valuable holding income during planning. Condominium plat, landscape plans, and building plans are available, along with ACHD and City of Boise approval documentation, helping position the site for a more efficient path toward future development.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $850,000 |
| Lot Size: | 0.85 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout