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Property profile & analytics
OFF-MARKET
Land

0 Spanish Sun Way Block 2 Meridian, ID 83642

0.6 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.598-acre lot, located in the Artemisia Subdivision (Block 2, Lot 2), presents a unique opportunity for commercial development. Situated in Ada County, Meridian, Idaho (zip code 83642), at S Spanish Sun Way, this property boasts a C-G zoning designation, allowing for a variety of commercial uses. The land is strategically positioned near major retailers including Walmart, Lowe's, and Scheels Sporting Goods, ensuring high visibility and accessibility. This parcel is part of a larger development plan approved for 24 commercial lots, 49 multi-family units, and 653 single-family residences, reflecting the rapid growth of the South Meridian submarket. Its location offers convenient access to two I-84 interchanges, placing it within a 20-minute drive of most of the Boise Metropolitan Statistical Area. The property's APN is R0525200120. This is a rare opportunity to acquire land in a thriving area with significant development potential. The asking price for this exceptional property is $520,978. Don't miss this chance to secure a prime location in one of Idaho's fastest-growing areas.

Property profile
Verified
Property type Land
Lot 0.6 ac (26,049 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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