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Prime Meridian Commercial Corner Lot
For Sale
$45,000

NEC Franklin Road & Locust Grove Road, Meridian, ID 83642

Commercial property with excellent access and visibility in Meridian.

Property Size8,000 SF
Price / SF$5.63
Days on Market270

Property Features for NEC Franklin Road & Locust Grove Road

General Information

Standard status Active
Size 8,000 SF
Lease Term NNN

Building Details

Building Size 8,000 SF

Properties For Sale

at NEC Franklin Road & Locust Grove Road Contact us

Ground Lease

Term
40+ Years
Contact us
Listing Agency: TOK Commercial
Listed By: Nick Schuitemaker, CCIM · License #SP44833
Source: Tokcommercial
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: May 11 at 7:19AM

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 TOK Commercial

Investment Insights

Based on property information with market context.

This commercial property is located at a signalized corner in Meridian, offering excellent access and visibility. The property is suitable for a variety of businesses seeking a high-traffic location. Building and monument signage are available. This hard corner presents a ground lease opportunity.

Key Highlights

  • Signalized corner location for ease of access.
  • Central Meridian location.
  • Excellent access and visibility.

Property Analytics

Current Use

Parking lots & garages

Location Intelligence

Trade Area within ½ mile

341
Businesses Nearby
33k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 53% Shops & Services 46% Home Improvements & Furnishings 2%
Dutch Bros. Coffee Dining
13,834 visits/mo 0.2 miles
Chevron Shops & Services
10,612 visits/mo 0.1 miles
SUBWAY Dining
3,712 visits/mo 0.2 miles
The Storage Place Shops & Services
1,491 visits/mo 0.3 miles
Jacksons Shops & Services
1,288 visits/mo 0.1 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • U-Haul Moving & Storage of West Meridian 1030 W Franklin Rd, Meridian, ID 83642
  • Harris Auto Sales 1720 W Franklin Rd, Meridian, ID 83642

Frequently Asked Questions

What type of property is this?
Parking lot & garage - Commercial property with excellent access and visibility in Meridian.
Where is this parking lot & garage located?
The property is located at NEC Franklin Road & Locust Grove Road Meridian, ID.
What is the asking price?
The asking price for this property is $45,000.
What are key features of this property?
This property features: Signalized corner location for ease of access.; Central Meridian location.; Excellent access and visibility.
More about this property
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