1693 S Meridian Rd 4,860 SF 4-Star Office Building Meridian, ID 83642 $6,157,020 CAD ($1,266.88 CAD/SF)

28 4th St. N presents a rare opportunity to acquire a shovel-ready multifamily development site in the heart of Nampa, Idaho. Situated on approximately 0.503 acres and located within a designated Opportunity Zone, the property offers investors and developers the ability to accelerate project delivery with significant pre-development work already completed. Fully approved plans and approximately $74,637.94 in paid permits provide meaningful time and cost savings while reducing entitlement risk and shortening the path to construction.
The approved development consists of a 10-unit attached townhome community designed to meet the growing demand for quality residential housing in one of the Treasure Valley's fastest-growing markets. Planned residences feature modern two-story layouts with three-bedroom, two-and-one-half-bathroom floor plans, attached garages, dedicated laundry areas, and private outdoor living components including balconies and decks. The proposed design creates an attractive residential product that aligns with current market preferences for functional, low-maintenance housing options.
Strategically positioned directly off Northside Boulevard, the property benefits from convenient access to Interstate 84, providing connectivity throughout the Treasure Valley. Downtown Nampa is located approximately one mile away, offering residents access to restaurants, retail, entertainment venues, public services, and employment opportunities. Additional shopping and commercial amenities are available within the nearby Karcher retail corridor, further enhancing the site's residential appeal.
The combination of approved plans, paid permits, Opportunity Zone status, and a well-located infill setting creates a compelling investment opportunity for developers seeking a project that can move efficiently from acquisition to construction. With substantial groundwork already completed, the property offers a streamlined development path in a market experiencing continued residential growth and investment activity.