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    715 Fairview Ave Meridian, ID 83642

    For Lease
    Contact for pricing

    Prime 3.13-acre restaurant land.

    Lot size:
    136,343 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 3.13-acre (136,343 square feet ±) commercial land parcel presents a remarkable opportunity for restaurant development in Meridian, Idaho. Located at 715 E Fairview Ave, 83642, this build-ready site boasts 280 feet ± of frontage on highly traveled Fairview Avenue, ensuring excellent visibility and accessibility. The property is zoned City of Meridian C-G and features a flat, level topography, simplifying construction and minimizing site preparation costs. The parcel number is S1107212505. This location offers immediate proximity to a variety of established businesses, including Rite Aid, Albertsons, Big Lots, AutoZone, Burger King, and Idaho Pizza, creating a vibrant and convenient environment for potential customers. The asking price for this exceptional opportunity is $1,850,000. Don't miss this chance to secure a prime location for your next restaurant venture in a thriving Meridian market. The property is ready for immediate development.

    Property Features for 715 Fairview Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    136,343 SF

    Unit(s) available at that property

    Space
    Size
    136,343 SF

    HighLights

    • Retail/Restaurant Pad Site Available in Meridian, ID.
    • General Commercial zoning offers diverse development options.
    • Prime location near Main Street and Downtown Meridian.
    • Utilities readily available.
    • High traffic counts: 29,921 cars per day.
    • Excellent growth potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Ada
    State
    Idaho
    Longitude
    -116.3850433
    Latitude
    43.618703

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    FAQs

    What type of property is this?
    Land - Prime 3.13-acre restaurant land.
    Where is this land located?
    The property is located at 715 Fairview Ave Meridian, ID.
    What are key features of this property?
    This property features: Retail/Restaurant Pad Site Available in Meridian, ID.; General Commercial zoning offers diverse development options.; Prime location near Main Street and Downtown Meridian.
    Request Owner's contact information
    715 Fairview Ave 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
    715 Fairview Ave Meridian, ID 83642
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