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    Bower St Meridian, ID 83642

    Sponsored
    For Sale
    Contact for pricing

    Prime Meridian location, two lots available.

    Property size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents two commercial lots totaling between 0.303 and 0.668 acres in Meridian, Idaho. Strategically located on a high-exposure corridor near downtown, city hall, parks, dining, and Interstate 84, this property offers unparalleled accessibility and visibility. The lots are zoned O-T (Old Town), allowing for a variety of uses including office, retail, or live-work spaces. This presents a unique chance to develop a project tailored to your specific needs, whether it's a build-to-suit development or a ground lease. The property benefits from its proximity to the newly constructed MKA Building at Trackside, home to Keller Associates, ensuring a strong and established neighboring tenant. Ample on-site parking is available, supplemented by additional public parking options. This prime location offers excellent long-term growth potential and is ideal for businesses seeking a versatile and accessible site in a thriving community. The property is situated at the northeast corner of North Main Street and East Bower Street, Meridian, ID 83642. Consider this opportunity to establish your business in a dynamic and desirable area.

    Property Features for 0 Bower St

    General Information

    Property type
    Land
    Square Feet
    1 SF
    Lot Size
    13,068 SF

    HighLights

    • Two lots available for lease, ground lease, or build‑to‑suit (BTS); suitable for office, retail, or live/work development.
    • Excellent location near downtown, City Hall, parks, restaurants, and I‑84.
    • Adjacent to the MKA Building at Trackside, a prominent Meridian gateway.
    • Strong neighboring tenant: Keller Associates.
    • Abundant on‑site parking supplemented by public parking.
    • Flexible zoning allows diverse uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Meridian
    County
    Ada
    State
    Idaho
    Longitude
    -116.3933582
    Latitude
    43.6080033

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    FAQs

    What type of property is this?
    Land - Prime Meridian location, two lots available.
    Where is this land located?
    The property is located at Bower St Meridian, ID.
    What are key features of this property?
    This property features: Two lots available for lease, ground lease, or build-to-suit (BTS); suitable for office, retail, or live/work development.; Excellent location near downtown, City Hall, parks, restaurants, and I-84.; Adjacent to the MKA Building at Trackside, a prominent Meridian gateway.
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    Bower St Meridian, ID 83642
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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
    Bower St Meridian, ID 83642
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