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Property profile & analytics
OFF-MARKET
Commercial real estate

2910 Victory Rd Meridian, ID 83642

2,742 SF 1.99 ac lot Built 1970
Property ID
US27-1118765
Property summary
AI-generated overview

This exceptional 1.99-acre property in Meridian, Idaho, presents a unique investment opportunity. Boasting 2,742 square feet of living space, the main house features recent upgrades including solar panels, a new AC unit, and attractive bamboo flooring. A significant advantage is the absence of CC&Rs or HOA restrictions, offering flexibility for various uses. The property's dual zoning (Commercial/Residential) opens doors for diverse development possibilities. Beyond the main residence, a substantial 0.5-acre storage area and a 1-acre pasture with a newly installed irrigation pump and sprinkler system provide ample space for various uses, including equestrian activities. An RV pad complete with septic and electrical hookups adds further convenience. Adding to the income potential is a fully self-contained, below-grade living space featuring two bedrooms, a full kitchen, a full bathroom, and a separate entrance. This space is ideal for a mother-in-law suite or as a rental unit, generating additional revenue streams. The property's prime location offers easy access to all that Meridian has to offer, making it an attractive proposition for both business and residential purposes. This versatile property is priced at $1,200,000 and represents a rare blend of commercial and residential potential in a desirable location.

Property profile
Verified
Property type Commercial real estate
Year built 1970
Total area 2,742 SF
Lot 1.99 ac (86,684 SF)
UPID US27-1118765
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Lina Lou’s Farm Rescue, Inc. Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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