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Property profile

0 Nwc Lk Hazel & Locust Grv Meridian, ID 83642

OFF-MARKET
Land
0.49 ac lot

Property summary

AI-generated overview

Exceptional commercial land opportunity in South Meridian, Idaho, presents .49 to 1.02-acre lots zoned C-C (Community Commercial). This prime location boasts high visibility at the northwest corner of Lake Hazel and Locust Grove Roads in Ada County, zip code 83642. The property benefits from a convenient roundabout intersection, ensuring easy access and traffic flow from both major roadways. These lots are part of a thriving, multi-phase community development, offering a vibrant mix of residential, commercial, and recreational amenities. Nearby attractions include the Boise Ranch Golf Course, Lake Hazel Elementary and Middle Schools, and Hillsdale Elementary. The area is experiencing rapid residential growth, creating a strong demand for commercial services. This presents a unique chance to establish a business in an underserved area of the Treasure Valley, surrounded by a well-established and expanding community with ample amenities such as an amphitheater, community center, fitness options, walking/biking paths, and parks. The strategic location and zoning make these lots ideal for a variety of commercial ventures. Don't miss this chance to capitalize on the growth and potential of South Meridian.

Property profile

Verified
Property type Land
Lot 0.49 ac (21,344 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

Realmo proprietary · 4 methods
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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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