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Property profile

0 Overland Rd. & Wl Ave Meridian, ID 83642

OFF-MARKET
Retail properties & Spaces
18 ac lot

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Lot 18 ac (784,080 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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