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Meridian Development Opportunity Near Village
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1625 E Bentley Dr., Meridian, ID 83642

2.5-acre commercial land suitable for multifamily or commercial development.

Property Size260,000 SF
Lot Size2.50 Acres
Price / SF$6.35
Days on Market146

Property Features for 1625 E Bentley Dr.

General Information

Standard status Active
Size 260,000 SF
Lot size 2.50 Acres
Property subtype Retail, Multifamily, Industrial, Land
Investment Type Redevelopment

Building Details

Units 48
Listing Agency: NAI Select
Listed By: Mike Erkmann · License #ID SP36834
Source: Crexi
Added: Mar 20 Changed: Aug 8 Last Checked: Aug 11 at 5:34AM

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 NAI Select

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 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 an opportunity for student housing, given demand from nearby institutions including the Idaho College of Osteopathic Medicine (ICOM) and Idaho State University programs. The site may also be developed for flex or office space similar to nearby projects along the Locust Grove Corridor. The location offers proximity to the Village at Meridian, and the Julius M. Kleiner Memorial Park.

Key Highlights

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

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Catering Service Florist Grocery & Convenience Store Locksmith

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 Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - 2.5-acre commercial land suitable for multifamily or commercial development.
Where is this commercial land located?
The property is located at 1625 E Bentley Dr. 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 possible through a Conditional Use Permit (CUP).
More about this property
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