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Industrial Land with Artesian Well
For Sale
$3,316,660

5020 W Franklin Rd, Meridian, ID 83642

Industrial land for sale with high-flow artesian well.

Property Size1 SF
Price / SF$3,316,660
Days on Market168

Property Features for 5020 W Franklin Rd

General Information

Standard status Active
Size 1 SF
Property subtype Land
Listing Agency:
Listed By: Norm Brown · License #ID 48391
Source: Naiglobal
Added: Mar 6 Changed: Jul 6 Last Checked: Aug 21 at 4:32AM

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 Norm Brown

Investment Insights

Based on property information with market context.

This 1-square-foot property located in Meridian, Idaho, presents an opportunity for land and industrial investors. A notable feature is the artesian well on site, providing a reliable water source with a flow of 500 gallons per minute, a water temperature of 55°F, and positive pressure. The property is strategically situated west of Black Cat Road and east of the future Highway 16 interchange and close to the Ten Mile interchange, offering convenient access for industrial operations. This location ensures seamless connectivity, making it a compelling investment for establishing a valuable industrial presence.

Key Highlights

  • Artesian Well On Site: Reliable water source with 500 gallons per minute flow.
  • Prime Location: Close to Highway 16 extension and Ten Mile interchange for seamless access.
  • Ideal for Land/Industrial Investors: Presents a compelling investment opportunity.

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Restaurant Building Supply HVAC Service Auto Repair Shop Spa & Massage Center Nail Salon

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

41
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 Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Industrial land for sale with high-flow artesian well.
Where is this industrial land located?
The property is located at 5020 W Franklin Rd Meridian, ID.
What is the asking price?
The asking price for this property is $3,316,660.
What are key features of this property?
This property features: Artesian Well On Site: Reliable water source with **500 gallons per minute flow**.; Prime Location: Close to Highway 16 extension and Ten Mile interchange for seamless access.; Ideal for Land/Industrial Investors: Presents a compelling investment opportunity.
More about this property
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