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    40 W Franklin Rd Meridian, ID 83642

    Pending
    For Sale
    $980,000

    Commercial Sale - Meridian, ID

    Property size:
    7,487 SF
    Lot size:
    0.49 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 40 W Franklin Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    APN
    R8342000247
    Parking
    20
    Size
    7,487 SF
    Lot size
    0.49 Acres

    Building Details

    Year built
    1937
    Architectural style
    Other

    Boise Premier Real Estate (208) 412-1710 [email protected]

    Listing agent Jesse Taff (888) 506-2234

    Listing date Nov 25, 2025

    MLS# 98966561 Listing URL

    Copyright © 2025 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.

    Overview

    Meridian Office Building For Sale

    This fully leased, five-unit office building is located in the heart of Meridian. The property is currently divided into five units but has the potential to be split into eight units, each with separate restrooms and entries. The building offers opportunities to increase rents to market rates with the current tenants, occupy a portion of the building, or remodel to further increase rental income. The property, situated on a 0.49-acre lot, contains 7,487 square feet. It is located in Ada County, in Meridian, Idaho.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Balancing Kneads Massage Therapist E Z TRANSPORT ... Transportation Service Meridian Developmental Services Doctor Angelia Thorne Counselor

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Pharmacy Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Ada
    State
    Idaho
    Longitude
    -116.394843
    Latitude
    43.60504

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    FAQs

    What type of property is this?
    Office building - Fully leased office building in Meridian with significant upside potential.
    Where is this office building located?
    The property is located at 40 W Franklin Rd Meridian, ID.
    What is the asking price?
    The asking price for this property is $980,000.
    What are key features of this property?
    This property features: - Fully leased 5-unit office building.; - Potential to split into 8 units, each with separate restrooms and entries.; - Significant upside potential through increased rents.
    (888) 506-2234
    Request Owner's contact information
    40 W Franklin Rd Meridian, ID 83642
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    Meridian, ID 83642
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    Realmo Value Estimation

    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.

    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.

    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
    40 W Franklin Rd Meridian, ID 83642
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