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    745 S Progress Rd Meridian, ID

    For Sale
    $4,840,700

    High-identity medical office building with easy access and abundant parking.

    Property size:
    13,983 SF
    Lot size:
    2.16 Acres

    Property Features for 745 S Progress Rd

    General Information

    Size
    13,983 SF
    Lot size
    2.16 Acres

    Source: Colliers International Idaho - Boise Agent Scott Feighner

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

    Overview

    Medical Office Building For Sale

    This well-located medical office building is situated on a 2.16-acre lot (94,090 square feet) along a major retail corridor. The 13,983-square-foot property features recently improved medical suites and over-standard parking at a ratio of 5 spaces per 1,000 square feet. The building is fully occupied by 5 tenants under NNN lease agreements. Located just north of the I-84 interchange, the property offers convenient access and is close to Home Depot, Winco, and numerous other retailers. Current tenants include Rehab Authority, West Valley Medical Group, Treasure Valley Hearing, and Fastest Labs.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Similar Places Nearby

    Pet Care Clinic - Wendy Madura DVM, Memorial Pet Care Inc, Meridian Veterinary Hospital, Dr. Carol Eklund

    Map

    City
    Meridian
    County
    Ada
    State
    Idaho
    Longitude
    -116.3915131
    Latitude
    43.6121087

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    FAQs

    What type of property is this?
    Medical office - High-identity medical office building with easy access and abundant parking.
    Where is this medical office located?
    The property is located at 745 S Progress Rd Meridian, ID.
    What is the asking price?
    The asking price for this property is $4,840,700.
    What are key features of this property?
    This property features: - 100% Occupancy provides immediate income.; - High identity medical office building on major retail corridor.; - Over-standard parking (5:5:1,000 SF) is a valuable asset.
    (208) 493-5107
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    745 S Progress Rd Meridian, ID
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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
    745 S Progress Rd Meridian, ID
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