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

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Listed by Mike Erkmann, CCIM · License #ID DB26711 Show Phone

Source Naiglobal

Added: Apr 1 Updated: Jul 10 at 1:13PM Checked: Jul 21 at 6:46AM

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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).

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FAQs

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).