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Meridian Development Opportunity
For Sale
$1,650,000

1625 E Bentley Dr. 1021 & 1080 S Truss Pl., Meridian, ID 83642

2.5-acre commercial development site in Meridian, Idaho.

Property SizeContact for details
Lot Size2.50 Acres
Days on Market128

Property Features for 1625 E Bentley Dr. 1021 & 1080 S Truss Pl.

General Information

Standard status Active
Lot size 2.50 Acres
Property subtype Multifamily
Listing Agency:
Listed By: Mike Erkmann, CCIM · License #ID DB26711
Source: Naiglobal
Added: Apr 1 Changed: Jul 10 Last Checked: Aug 5 at 5:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mike Erkmann, CCIM

Investment Insights

Based on property information with market context.

This approximately 2.5-acre development opportunity is located at 1625 E. Bentley Dr., 1021 & 1080 S. Truss Pl. in Meridian, Idaho. The property has been rezoned Commercial, allowing a range of potential uses including office, flex, and light commercial development. Multi-family residential development is possible through a Conditional Use Permit (CUP). Concept plans have been prepared for a 48-unit apartment project consisting of either four 12-plex buildings or two 24-plex buildings. This presents a strong opportunity for student housing, given demand from nearby institutions including the Idaho College of Osteopathic Medicine (ICOM) and Idaho State University programs in the area. Alternatively, the site may be developed for flex or office space similar to nearby projects along the Locust Grove corridor. The location near the Locust Grove corridor provides regional access. The Meridian submarket is experiencing growth and is surrounded by expanding residential and institutional demand drivers. Conceptual site plans are available for both multifamily and flex development scenarios.

Key Highlights

  • ±2.5‑acre development opportunity in Meridian, Idaho.
  • Rezoned Commercial, allowing for office, flex, and light commercial development.
  • Multi‑family residential development potential with a Conditional Use Permit (CUP).

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Furniture & Home Goods (Bike/Boat/Book/etc) Store Bakery Veterinary Clinic Catering Service Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,062
Businesses Nearby

Demographics for 83642, ID

55,465
Population
22,700
Households
2.4
Avg Household Size
35
Median Age
44%
College-Educated
95%
High-School Grad
41.5 sq mi
ZIP Area
1,337
Density / Sq Mi
$96,361
Median Household Income
$45,824
Median Earnings
$1,629
Median Rent
$492,300
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - 2.5-acre commercial development site in Meridian, Idaho.
Where is this commercial land located?
The property is located at 1625 E Bentley Dr. 1021 & 1080 S Truss Pl. Meridian, ID.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: ±2.5‑acre development opportunity in Meridian, Idaho.; Rezoned Commercial, allowing for office, flex, and light commercial development.; Multi‑family residential development potential with a Conditional Use Permit (CUP).
More about this property
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