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    4873 Cortona Way Meridian, ID 83646

    For Lease
    Contact for pricing
    Lot size:
    38,333 SF
    Added:
    Dec 11, 2024
    Days on Market:
    369

    Property Features for 4873 Cortona Way

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    38,333 SF

    Unit(s) available at that property

    Space
    Ten Mile & McMillan Multi-Tenant Spaces
    Size
    38,333 SF

    HighLights

    • 0.88‑acre build‑ready pad site for sale or ground lease at Ten Mile and McMillan Roads; utilities available.
    • Excellent location with strong co‑tenancy including Jackson's Gas & C‑Store, Mister Car Wash, and other national and regional brands.
    • Suitable for retail, restaurant, or professional office uses.
    • High‑density area with nearby Walmart, numerous restaurants, and other retail amenities.
    • Prime location within a rapidly expanding residential area, benefiting from significant population growth.
    • High‑traffic location (13,000 AADT on McMillan Road) near new Costco and WinCo Foods.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Ada
    State
    Idaho
    Longitude
    -116.4312950547
    Latitude
    43.648452049685

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    FAQs

    Where is this land located?
    The property is located at 4873 Cortona Way Meridian, ID.
    What are key features of this property?
    This property features: 0.88-acre build-ready pad site for sale or ground lease at Ten Mile and McMillan Roads; utilities available.; Excellent location with strong co-tenancy including Jackson's Gas & C-Store, Mister Car Wash, and other national and regional brands.; Suitable for retail, restaurant, or professional office uses.
    Request Owner's contact information
    4873 Cortona Way Meridian, ID 83646
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    Meridian, ID 83646
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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
    4873 Cortona Way Meridian, ID 83646
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