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    Nec Franklin Rd & Locust Grv Rd Meridian, ID 83642

    For Sale
    $45,000

    Commercial property with excellent access and visibility in Meridian.

    Property size:
    8,000 SF

    Property Features for Nec Franklin Rd & Locust Grv Rd

    General Information

    Size
    8,000 SF

    Source: Nick Schuitemaker, CCIM Agent Nick Schuitemaker, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Meridian Commercial Corner Lot

    This commercial property is located at a signalized corner in Meridian, offering excellent access and visibility. The property is suitable for a variety of businesses seeking a high-traffic location. Building and monument signage are available. This hard corner presents a ground lease opportunity.
    Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Similar Places Nearby

    U-Haul Moving & Storage of West Meridian, Harris Auto Sales

    Map

    City
    Meridian
    County
    Ada
    State
    Idaho
    Longitude
    -116.412
    Latitude
    43.6053

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    FAQs

    What type of property is this?
    Parking lot & garage - Commercial property with excellent access and visibility in Meridian.
    Where is this parking lot & garage located?
    The property is located at Nec Franklin Rd & Locust Grv Rd Meridian, ID.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: - Signalized corner location for ease of access.; - Central Meridian location.; - Excellent access and visibility.
    (208) 947-0802
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    Nec Franklin Rd & Locust Grv Rd 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
    Nec Franklin Rd & Locust Grv Rd Meridian, ID 83642
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