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Development Land | Star

Listing was updated on: 01/22/2020
Development Land | Star

Property Overview

Price/Rent PSF Inquire
Asset Type Land
Trade Type Sale
Acres Available 56.97
Date Available 01/22/2020
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Description

Location
One of the last opportunities to buy over 50 acres of contiguous development land recently annexed into the city of Star on HWY 16, just 1 mile north of W State St/HWY 44. The property can include the 10 acre hard corner at HWY 16 & Floating Feather Rd. for an additional $1,000.000 for a total of 57 acres. The property boasts 1/2 mile of frontage on HWY 16. As of 2019 the Idaho Transportation Department (ITD) has allocated $102 million dollars to acquire needed right-of-way real estate for the Highway 16 Extension (aka Central Valley Expressway) to I-84. When completed, the Central Valley Expressway will connect Emmett to I-84 and relieve Eagle Road congestion by providing residents of Northwest Meridian, Star, and Emmett easier access to I-84.HWY 16 will be connected to I-84 over time making this the next North-South major traffic artery in the Treasure Valley.

Sale
Lee & Associates is pleased to present one of the last opportunities to purchase a large parcel of mixed use development land along the east edge of Star and adjacent to Eagle, ID. This property has 1/2 mile of HWY 16 frontage along the proposed Central Valley Expressway that will eventually connect to I-84. The property has been annexed into the city of Star with very flexible Mixed Use zoning.

Location

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