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    Property profile & analytics

    56 Benchmark Ave Meridian, ID 83642

    • Warehouses
    • 40,000 SF
    For Lease
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 56 Benchmark Ave

    Year built
    2025
    Property size
    40,000 SF
    Property type
    Warehouses
    Property subtype
    Life science properties

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Ada
    State
    Idaho
    Longitude
    -116.422
    Latitude
    43.6048

    Comparable in this City

    • Value Estimation by Request
      35,468 SF

      Benchmark Ave

      Distribution properties • 35,468 SF
      0 Benchmark Ave, Meridian, ID 83642
      View Details
    • Value Estimation by Request
      20,108 SF

      4160 Lanark St

      Flex space • 20,108 SF
      4160 Lanark St, Meridian, ID 83642
      View Details
    • Value Estimation by Request
      132,236 SF

      851 Black Cat Rd

      Distribution properties • 132,236 SF
      851 Black Cat Rd, Meridian, ID 83642
      View Details
    • Value Estimation by Request
      101,210 SF

      3550 Commercial Ct

      Distribution properties • 101,210 SF
      3550 Commercial Ct, Meridian, ID 83642
      View Details
    • Value Estimation by Request
      3.95 Acres

      335 Locust Grove Rd

      Distribution properties • 69,565 SF
      335 Locust Grove Rd, Meridian, ID 83642
      View Details
    • Value Estimation by Request
      22,500 SF

      2110 Commercial St

      Flex space • 22,500 SF
      2110 Commercial St, Meridian, ID 83642
      View Details

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      Newer Construction Industrial Investment Opportunity

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      Remodeled Office/Warehouse Building in Meridian

      7,449 SF office/warehouse with excellent visibility in Meridian, ID.
      Office/Warehouse Building For Sale Or Lease, Meridian, ID 83642
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    • $5,580,000
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      Versatile Commercial Building in Meridian

      Adaptable retail, office, and warehouse space at a busy intersection.
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    Similar Nearby for Lease

    • Contact for pricing
      40,000 SF

      56 Benchmark Ave

      Life science properties • 40,000 SF
      56 Benchmark Ave, Meridian, ID 83642
      View Details
    • Contact for pricing
      35,468 SF

      Meridian Industrial Facility

      Modern 35,468 SF industrial space.
      0 Benchmark Ave, Meridian, ID 83642
      View Details
    • $16 SF/Yr
      20,108 SF

      Meridian Industrial Warehouse For Lease

      Brand new, flexible warehouse space in prime location.
      4160 Lanark St, Meridian, ID 83642
      View Details
    • Contact for pricing
      132,236 SF

      851 Black Cat Rd

      Distribution properties • 132,236 SF
      851 Black Cat Rd, Meridian, ID 83642
      View Details
    • $1.25 SF/Yr
      15,228 SF

      Meridian Industrial Building For Lease

      Industrial building in central Meridian with easy I-84 access.
      Industrial Building For Lease, Meridian, ID 83642
      View Details
    • $17 SF/Yr

      Franklin Road Commercial Building For Rent

      Commercial building with frontage on Franklin Road near Storey Park.
      303 East Franklin Rd, Meridian, ID 83642
      View Details
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    56 Benchmark Ave
    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
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