Multifamily Development Land

For Sale

1109 Dearborn St., Caldwell, ID 83605

This Caldwell property for sale is located at 1109 Dearborn St.. The current listed sale price for Multifamily Development Land is $700,000.

Contacts

Mike Erkmann, CCIM

NAI Select

Property Details

  • Property Type Multi-Family
  • Property Size 23,355 SF
  • Units 21
  • Date Updated May 11, 2026
Discover an exciting opportunity for Multifamily investment in Caldwell, ID. Surrounding the location, you'll find an inviting mix of urban convenience and natural beauty. Enjoy easy access to downtown Caldwell and its charming shops, restaurants, and entertainment options. The vibrant community offers a wealth of outdoor recreational activities, including parks, trails, and the scenic Snake River. With its growing economy and strong demand for housing, Multifamily Development Land in this area presents an enticing investment potential. Explore the promising prospects of this dynamic location for your next development project.Introducing an exceptional opportunity for multifamily/high-rise investors: a 23,355 SF building encompassing 21 units within the thriving Caldwell area. This shovel-ready property is fully entitled, with permits ready for pickup at the City of Caldwell. With an immediate construction start date, the complex will feature a mix of one, two, and three-bedroom units, boasting excellent exterior design and thoughtful floor plans. Additionally, the property offers 19 paved parking spaces and a dedicated bicycle storage area. Priced at $925,000, this attractive investment is strategically located just minutes away from the College of Idaho and the exciting New Indian Creek Redevelopment and Lux Theater.
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Highlights

  • (1) 1 bedroom | 1 bath
  • (17) 2 bedroom | 2 bath
  • (3) 3 bedroom | 2 bath
  • 19 paved Parking spaces along with bicycle storage area
  • 21 Unit Complex:
  • Building permits ready to be picked up at the City of Caldwell
  • Full entitlements in place
  • Located in the growing downtown Caldwell core
  • Minutes away from College of Idaho, Indian Creek, and Lux Theater
  • Project is “Shovel Ready”

Attachments

Getting around

  • 82/100

    Walk Score ®

  • 60/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Caldwell, ID
  • Neighborhood Dorman's
  • Zip Code 83605
  • Market Boise

Points of Interest

  • Sinclair

    0.30 miles

  • Konnectronix

    0.44 miles

  • Chevron

    0.65 miles

  • Maverik

    0.91 miles

  • Flying J

    1.61 miles

  • Lower Dam Picnic Area Parking

    5.18 miles

  • Lower Dam Beach Parking

    5.29 miles

  • Lower Dam Boat Ramp Parking

    5.38 miles

  • Lake Shore Drive Parking #7

    6.94 miles

  • Visitor Center Parking

    7.00 miles

  • Upper Dam West Parking

    7.03 miles

  • Lake Shore Drive Parking #6

    7.31 miles

  • Upper Dam East Parking

    7.41 miles

  • Iowa Ave Parking #1

    7.60 miles

  • Iowa Ave Parking #2

    7.66 miles

  • Payless Motel

    0.85 miles

  • I-84 Motor Inn

    0.92 miles

  • Best Western Plus Caldwell Inn & Suites

    1.13 miles

  • La Quinta Inn Caldwell

    1.28 miles

  • Holiday Inn Nampa

    5.88 miles

  • Marriott

    6.06 miles

  • Rodeway Inn & Suites

    7.06 miles

  • Super 8 by Wyndham Nampa

    7.16 miles

  • Best Western Plus

    7.85 miles

  • Shilo Inns Nampa

    7.87 miles

  • Joyería El Diamante

    0.23 miles

  • Albertsons

    0.51 miles

  • Bi-Mart

    0.55 miles

  • Cliff's Country Market

    0.64 miles

  • Walmart Neighborhood Market

    2.04 miles

  • Grocery Outlet

    2.76 miles

  • Walmart Supercenter

    2.91 miles

  • Ridley's Family Market

    4.57 miles

  • TJ Maxx

    5.50 miles

  • Burlington

    5.58 miles

Contact Listing Broker
Mike Erkmann, CCIM

NAI Select

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