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    65 Lake Hazel Rd Meridian, ID 83642

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    For Sale
    Contact for pricing

    Prime 10-acre commercial/residential lot in Meridian, ID.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10-acre parcel presents a remarkable opportunity for mixed-use development. Situated at the hard corner of West Lake Hazel Road and Highway 69 in Meridian, Idaho, this property boasts a highly desirable location within Ada County. The parcel is zoned R-4, offering flexibility for a variety of commercial and residential projects. Its prime location is surrounded by properties owned by developers and builders, indicating a strong commitment to growth in the immediate area. The high traffic counts along Highway 69 (Meridian Road) ensure significant visibility and accessibility. Conveniently located minutes from Interstate 84, this property benefits from excellent connectivity to major transportation routes. The property's location within Meridian city limits provides access to municipal services and infrastructure. The APN is R8200130115. This is a rare opportunity to acquire a substantial tract of land in a rapidly expanding area, ideal for developers seeking to capitalize on the region's robust growth trajectory. The property's size and zoning make it suitable for a wide range of development projects, from residential communities to commercial ventures. Serious inquiries are encouraged.

    Property Features for 65 Lake Hazel Rd

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • 10‑acre mixed‑use development parcel in Meridian, ID.
    • Hard corner location at West Lake Hazel Road & Highway 69 in Ada County.
    • R‑4 zoning allows for flexible commercial and residential development.
    • High traffic counts on Highway 69 provide excellent visibility and accessibility.
    • Minutes from I‑84, offering convenient access to major transportation routes.
    • Located within Meridian city limits with access to municipal services.
    Property Profile Location Intelligence

    Current Use by Public Records

    Meridian FD station ... Fire Station Pony Express Ranch Pony Ride Service

    Suggested Use

    Realty agency Wholesale Shop Clothing Store Department Store Garden Center Discount Store Cafe & Coffee Shop Daycare Center Bakery Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Ada
    State
    Idaho
    Longitude
    -116.39443298463
    Latitude
    43.54638144066

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    FAQs

    What type of property is this?
    Land - Prime 10-acre commercial/residential lot in Meridian, ID.
    Where is this land located?
    The property is located at 65 Lake Hazel Rd Meridian, ID.
    What are key features of this property?
    This property features: 10-acre mixed-use development parcel in Meridian, ID.; Hard corner location at West Lake Hazel Road & Highway 69 in Ada County.; R-4 zoning allows for flexible commercial and residential development.
    (208) 377-5700
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    65 Lake Hazel Rd Meridian, ID 83642
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    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
    65 Lake Hazel Rd Meridian, ID 83642
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