Substation Road - Emmett, Idaho

1991 S Substation Rd, Emmett, ID 83617

4.86 Acres | $925,000



Great location for Multifamily Development in this up & coming rural community.​ Located at the first stop light entering town, only 30 minute commute to Boise, and quick access to area conveniences.​ 65% of residents commute to Boise and pass this intersection in & out of town.​

The site would accommodate a minimum of 88 units and 2 or 3 story apartments with a mix of 1, 2 and 3 bedroom units.​ The current home is in moderate condition and has a renter in place at $1650 a month through March 2022.​ There is a buy out option after Sept 2021.​

Although development is ideal for Multifamily due to the road access and septic/well requirements, retail pads can be placed along Hwy 16 frontage with the remaining property used for garden style/walk up, townhome or 4-plex apartment community, or the entire project could be only commercial and retail.​ Ingress/Egress is only permitted off Substation Road at the northernmost property line.​

Entitlement process includes: Special Use Permit, site development plan, surveys, neighborhood meeting, and sewer & well expansion/replacement.​ City utilities are .2 miles away & the Developer can bring them and annex into the city.​

No plans have been drafted, no builder selected and the Proforma is based on similar projects.​ Developer and/or Property Management references available upon request.​




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