342 S. Calhoun Pl.
- Zoning C2 — General Commercial (City of Star)
- Hard corner of HWY 16 and HWY 44 (State St)
- New signalized access off of HWY 44
- Multiple sale, lease, and build to suit options available
- Excellent opportunity for retail, medical, and professional office
Property Description
Lee & Associates is pleased to present one of the busiest corners in the entire Treasure Valley for sale, lease, or build to suit. Located on the southwest corner of HWY 16 and HWY 44 poses unparalleled visibility and traffic counts of 29,126 vehicles per day. Now underway is the expansion of HWY 16 to the I-84 which will give the Treasure Valley its first north and south freeway. The City of Star is experiencing tremendous growth of not only residential but also commercial development due to its rapidly increasing population. This site sits at the forefront of Star presenting an excellent opportunity for retail, medical, and professional office alike. A fully signalized intersection is complete at the intersection of State Street (SR 44) and Moyle Avenue. A secondary access, S Crystal Springs Lane (right-in, right-out only), is constructed and will open once Idaho Transportation Department’s (ITD) completes its major expansion of the intersection of SR 16 and SR 44. SR 16 is currently under construction, and once open in 2027, will serve as the Treasure Valley’s sole north-south expressway. ITD is scheduled to complete its modernization and interchange improvements at SR16 & SR44 summer, 2027 - concurrently with the opening of the full north-south expressway connecting to I-84. The three northern parcels on the property are currently leased by Knife River Corporation. Knife River is the civil contractor completing the intersection Improvements on behalf of ITD. The lease with Knife River on the site expires in July, 2027.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Lot Size: | 11.39 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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