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    Nwc Lk Hazel & Locust Grv Meridian, ID 83642

    For Sale
    $420,000

    Prime commercial lots in rapidly developing South Meridian area.

    Property size:
    3 SF
    Lot size:
    3.76 Acres

    Property Features for Nwc Lk Hazel & Locust Grv

    General Information

    Size
    3 SF
    Lot size
    3.76 Acres

    Source: Peter Oliver, SIOR, CCIM Agent Peter Oliver, SIOR, CCIM

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

    Overview

    South Meridian Commercial Development Lots

    These commercial lots are located in South Meridian, at the northwest corner of Lake Hazel Road and Locust Grove Road. The property is 3 acres. The location is surrounded by rapid residential development and offers prime, corner lot exposure in an underserved area of the Treasure Valley. Direct access is available off of both Locust Grove Road and Lake Hazel Road, with easy traffic flow through a roundabout at the intersection. The property is in close proximity to Boise Ranch Golf Course, Lake Hazel Elementary and Middle Schools, and Hillsdale Elementary. It is part of a multi-phase, premier lifestyle community in South Meridian, featuring a mix of local businesses, an amphitheater, a community center, fitness options, walking and biking paths, pocket and city parks, and charter schools.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Meridian
    County
    Ada
    State
    Idaho
    Longitude
    -116.412
    Latitude
    43.6053

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial lots in rapidly developing South Meridian area.
    Where is this commercial land located?
    The property is located at Nwc Lk Hazel & Locust Grv Meridian, ID.
    What is the asking price?
    The asking price for this property is $420,000.
    What are key features of this property?
    This property features: - Prime corner lot exposure at Lake Hazel Road & Locust Grove Road.; - Direct access off of both Locust Grove Road and Lake Hazel Road with easy traffic flow.; - Surrounded by rapid residential development in South Meridian.
    (208) 947-0816
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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
    Nwc Lk Hazel & Locust Grv Meridian, ID 83642
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