Spanish Sun Way Block 2 Meridian, ID 83642
- Land
- 0.68 lot acres
Current Use by Public Records
- Land
Property Details for 0 Spanish Sun Way Block 2
- Lot size
- 0.68 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 0.68-acre commercial lot, located in the desirable Artemisia Subdivision (Block 2, Lot 3), presents a unique investment opportunity in the rapidly expanding South Meridian market. Situated on S Spanish Sun Way in Ada County, Idaho (zip code 83642), this property boasts a C-G zoning designation, allowing for diverse industrial and retail development possibilities. The lot's strategic location offers unparalleled access to major transportation arteries, including convenient proximity to the Meridian Road and Ten Mile interchanges of I-84, placing it within a 20-minute drive of the entire Boise MSA. Benefit from high visibility and strong consumer traffic with its Overland Road frontage, situated between the Meridian Road and Ten Mile interchanges. The area is already home to established retailers such as Walmart, Lowe's, and Scheels Sporting Goods, ensuring a robust customer base for any development. This parcel is part of a larger development plan approved in 2024, encompassing 24 commercial lots, 49 multi-family unit permits, and 653 single-family residence lots, further solidifying its potential for significant appreciation. The APN is R0525200140. This is an exceptional opportunity to acquire a prime commercial lot in one of Idaho's fastest-growing areas. The asking price is $533,174.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Meridian
- County
- Ada
- State
- Idaho
- Longitude
- -116.416
- Latitude
- 43.5902
