#98923308, Lynzey Uechi, Listing office: Silvercreek Realty Group
Property details
About 1475 E Franklin Rd
Incredible 2.4-acre development opportunity located in an Idaho Opportunity Zone, offering potential tax advantages for investors/developers. The site is fully entitled with R-40 zoning and a 2-year Conditional Use Permit (with extension options) to build 36 apartment units across three-story buildings with 73 parking spaces. City water, sewer, electrical, and pressurized irrigation are available at the property. The approved site plan and entitlements reduce both design time and development risk, allowing a buyer to move quickly toward construction. Ideally located at Franklin and Locust Grove, within a 5-minute drive to the freeway, The Village at Meridian, St. Luke’s Hospital, Storey Park, schools, shopping, and less than 1/4 mile from a transit stop. This is a rare chance to step into a ready-to-build project in one of Meridian’s most accessible and growing areas.
Highlights
Home typeUnimproved Land
StatusActive
Lot size2.39 Acres
MLS #98949803
Summary
- List Price: $1,700,000
- Annual Tax Amount: $1,844
- Tax Year: 2024
- Lot: Level
- Directions: Eastbound on Franklin Rd. Last driveway on Right before Locust Grove.
- Lot Size: 2.39 Acres
- MLS Number: 98949803
- MLS Name: IMLS 2
- Office Name: Idaho Life Real Estate
- Office Phone: (208) 631-6930
- Listing Agent: Shelby Matson
Listings with this icon are © 2025 of InterMountain MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/13/2025, 4:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,700,000
1475 E Franklin Rd
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $328,700 | $1,844 |
| 2023 | $693,700 | $3,954 |
| 2022 | $744,800 | $3,954 |
| 2021 | $592,000 | $4,201 |
| 2020 | $403,700 | $4,095 |
| 2019 | $378,700 | $3,846 |
| 2018 | $329,500 | $3,681 |
| 2017 | $298,400 | $3,681 |
History based on county public records data.
Nearby schools
5
Meridian Elementary School
Public District KG-5
1.2 mi
•1035 W 1st St
9
Chief Joseph School of the Arts
Public Magnet PK-5
1.5 mi
•1100 E Chateau Dr
6
River Valley Elementary School
Public District KG-5
1.9 mi
•2900 E River Valley St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $74,280. Most Meridian, ID residents have annual incomes between $35k-100k. Residents typically live in married, with kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
19%
<35k
45%
35k-100k
30%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
29%
Single, No Kids
13%
Single, with Kids
28%
Married, No Kids
30%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
10%
12-17 yrs old
18%
18-34 yrs old
36%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Soccer
PGA/LPGA
Symphony or Opera
Where do the neighbors shop?
Burlington
Chico's
Stein Mart
Where do the neighbors go to eat?
Wingstop
Cracker Barrel
Boston Market
What do the neighbors drive?
Nissan
Buick
Volvo
What do the neighbors listen to?
Christian Adult Contemporary
Soft Adult Contemporary
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Meridian, ID
Transportation in Meridian includes a mix of private and public transit options, with a focus on convenience for its residents. The area is designed to be navigable by car, with a network of roads and highways that connect to nearby cities and amenities. Public transportation is available, with schedules designed to accommodate the commuting patterns of residents. The city is also making strides to improve walkability and bikeability in certain areas, enhancing the overall accessibility of the community.
The community is served by a number of public schools, ensuring educational opportunities for children of all ages. Healthcare facilities are available to meet the needs of residents, including urgent care centers and primary care clinics. The public library system in Meridian is active, providing resources and programs for lifelong learning. Retail and dining options are plentiful, with establishments ranging from local favorites to national chains, reflecting the tastes and culture of the area.
Meridian is celebrated for its welcoming community spirit and family-oriented lifestyle. The city prides itself on a blend of urban and suburban qualities, with a variety of parks and recreational areas contributing to its appealing character. Annual events and local festivals highlight the city's cultural identity and bring residents together in celebration of their community.
Meridian's housing market is diverse, offering a range of options from spacious single-family homes to convenient apartments and townhouses. The architectural styles vary, with a noticeable presence of modern and craftsman designs. Single-family homes are the most common, reflecting the area's family-friendly atmosphere. The homeownership rate in Meridian is robust, with a significant majority of residents owning their homes, while a smaller percentage are renters.
About 1475 E Franklin Rd
The listing price of 1475 E Franklin Rd property is $1,700,000.
The property 1475 E Franklin Rd is land located in Meridian, Idaho, 83642.
Active Listing: 1475 E Franklin Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1475 E Franklin Rd are: Meridian Elementary School (GreatSchools Rating 5/10), Chief Joseph School of the Arts (GreatSchools Rating 9/10), River Valley Elementary School (GreatSchools Rating 6/10), Lewis and Clark Middle School (GreatSchools Rating 6/10), Meridian Middle School (GreatSchools Rating 4/10), Victory Middle School (GreatSchools Rating 8/10), Virtual School House (GreatSchools Rating 5/10), Renaissance High School (GreatSchools Rating 10/10), Mountain View High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $1,844 (source: MLS/based on county public records data).
The property 1475 E Franklin Rd is 2.39 acres.
This home is located at 1475 E Franklin Rd in Meridian, ID and zip code 83642. Features: 0 bathroom. It has been listed on Rocket Homes since June 5, 2025 and is currently priced at $1,700,000.
In May 2025 in Meridian, ID there were 49.4% more homes for sale than in April. In May 2025, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $588,146.
From Rocket Homes Real Estate and based on county public records data.