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Property profile

Tbd Linder Meridian, ID 83646

OFF-MARKET
Multifamily properties
8.02 ac lot
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Property summary

AI-generated overview

This exceptional 8.02-acre parcel presents a remarkable opportunity for multifamily development in the thriving city of Meridian, Idaho. Located at TBD Linder, this expansive site offers significant potential for a substantial multi-family project. The property's generous acreage allows for a large-scale development, catering to the growing demand for housing in this desirable area. The strategic location within Meridian ensures convenient access to major transportation routes, employment centers, and a wealth of amenities. Prospective developers will appreciate the flexibility this unimproved land offers, allowing for the creation of a custom-designed multifamily community tailored to the specific needs of the market. Given the current market conditions and the strong population growth in Meridian, this property represents a compelling investment with significant long-term value appreciation potential. The asking price of $4,999,999 reflects the exceptional size and location of this prime development site. Detailed site analysis and feasibility studies are encouraged to fully explore the development possibilities. This is a rare opportunity to acquire a substantial land parcel in a high-demand area, ideal for creating a thriving multifamily community. Serious inquiries only. All information deemed reliable but not guaranteed.

Property profile

Verified
Property type Multifamily properties
Lot 8.02 ac (349,351 SF)

Cap rate & NOI

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

Location

Tbd Linder Meridian, ID 83646
Meridian metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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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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