Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3855 S Mcguire St Meridian, ID 83642

    View on Map
    Sponsored
    Pending
    $174,900

    LAND - Meridian, ID

    Lot size:
    0.16 Acres
    Days on Market:
    37
    Last Refresh:
    Mar 20 at 12:06 am

    Property Features for 3855 S Mcguire St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    R5672050235
    Lot size
    0.16 Acres

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Jessica Stone

    Team Realty (208) 465-7770

    Listing agent Jessica Stone (208) 880-2701 License #56225

    Listing date Feb 11, 2026

    MLS# 98960732 Listing URL

    Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Residential Land in Meridian, ID

    This property, located 2 miles from I-84 in Meridian, Idaho, is situated in a quiet neighborhood near local shops and entertainment. The property includes a manufactured home that requires significant renovations to be habitable. This presents buyers with the option to either renovate the existing residence or construct a new home. The lot size is 0.16 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Ada
    State
    Idaho
    Longitude
    -116.397749
    Latitude
    43.569727

    Nearby Similar for Sale

    • $685,000
      3,556 SF

      Meridian Townhomes in Entrata Farms

      Townhomes in a thriving community with onsite amenities.
      4044 W Ski Jump Ln, Meridian, ID 83642
      View Details
    • $425,000
      1,620 SF

      Townhouse with Tenants in Meridian

      Well-maintained townhouse featuring an open floor plan and spacious bedrooms.
      1653 E Horse Creek Ct, Meridian, ID 83642
      View Details
    • $439,000
      1,891 SF

      Single-Level Townhome in Meridian, ID

      Well-maintained townhome with spacious rooms, modern kitchen, and covered patio.
      1849 E Horse Creek Ct, Meridian, ID 83642
      View Details
    • New
      $674,900
      3,072 SF

      Meridian Triplex in Downtown Area

      Well-maintained triplex in downtown Meridian with fully fenced backyards.
      918 NW 4Th St, Meridian, ID 83646
      View Details
    • $627,500
      4,234 SF

      Free-Standing Retail/Flex Building

      4,234 SF retail/flex building in a prime Meridian location.
      650 East Fairview Ave, Meridian, ID 83646
      View Details
    • $4,995,000

      Meridian Retail/Office/Warehouse Building For Sale

      Versatile 22,432 SF building in Meridian's Silverstone Corporate Center.
      1786 S Topaz Way, Meridian, ID 83642
      View Details
    • $2,400,000

      Valvoline NNN Lease Investment

      100% leased Valvoline property with long-term NNN lease.
      1491 S Eagle Rd, Meridian, ID 83642
      View Details
    • $960,000
      0.96 Acres

      Meridian, ID Land Opportunity

      Land for mixed-use development near Eagle View Business Park.
      1315 Jade Ave, Meridian, ID 83642
      View Details
    • $2,290,000

      Freeway Visible Restaurant Opportunity

      Stand-alone restaurant with freeway visibility and immediate access.
      1565 S Meridian Rd, Meridian, ID 83642
      View Details
    • $1,600,000
      3,500 SF

      New Office Building in Meridian

      3,500 SF office building in a high-growth North Meridian location.
      2102 W Everest Ln, Meridian, ID 83646
      View Details
    • $3,500,000

      Meridian Industrial Property with Expansion Potential

      6,371 SF facility on 5+ acres in Meridian, Idaho.
      8797 South Meridian Rd, Meridian, ID 83642
      View Details
    • $2,290,000
      4,975 SF

      Freeway Visible Restaurant Opportunity

      Stand-alone restaurant with freeway visibility and immediate access.
      1565 S Meridian Rd, Meridian, ID 83642
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Land with potential for renovation or new construction.
    Where is this residential land & home lot located?
    The property is located at 3855 S Mcguire St Meridian, ID.
    What is the asking price?
    The asking price for this property is $174,900.
    What are key features of this property?
    This property features: - Located just 2 miles from I-84.; - Enjoy the quiet neighborhood setting.; - Near local shops and entertainment.
    (208) 870-5228
    Request Owner's contact information
    3855 S Mcguire St Meridian, ID 83642
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3855 S Mcguire St
    Meridian, ID 83642
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3855 S Mcguire St Meridian, ID 83642
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jessica Stone
    Real Estate License ID: 56225
    (208) 870-5228 (208) 880-2701
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!