0 Overland Rd. & Wl Ave, Meridian, ID 83642
This exceptional 18-acre retail development opportunity is situated at the Northwest corner of East Overland Road and Wells Avenue in Meridian, Idaho. The property, identified by APN S1117438630 in Ada County, offers a unique blend of land uses, including potential for Big Box, Mid Box, and frontage pad developments. With a total land area of 784,080 square feet (approximately 18 acres), this site boasts significant frontage on Overland Road, providing excellent visibility and accessibility. The location benefits from its proximity to major transportation arteries, including the Eagle Road and I-84 interchange, ensuring convenient access for customers and employees. The area boasts strong demographics, with nearly 600,000 people residing within a 20-minute drive. Nearby key area generators include St. Luke’s Hospital, Top Golf, and Mountain View High School (enrolling 2,366 students), as well as the Silverstone and Eldorado Business parks. This presents a compelling investment opportunity for developers seeking to capitalize on the robust growth and high demand in the Meridian retail market. The property is available for ground lease, offering flexibility for various development plans. The lot size ranges from 0.75 to 18 acres, allowing for tailored development to suit specific needs. The zip code is 83642.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.