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Property profile & analytics
OFF-MARKET
Land

4379 Locust Grove Rd Meridian, ID 83646

0.52 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.52-acre commercial land parcel, located at 4379 N. Locust Grove Rd., Meridian, ID 83646 (APN R1608650275), presents a prime opportunity for office development. Zoned L-O (Limited Office), this shovel-ready site boasts 120 feet of frontage on Locust Grove Road, enjoying high visibility and approximately 12,713 vehicles per day. Complete construction plans and building permits are included for a ±7,700 square foot multi-tenant office building, streamlining the development process. The property's strategic location offers easy access to major roadways, including proximity to Chinden Boulevard and Eagle Road (1.3 miles) and Interstate 84 (4.2 miles). Nearby amenities and retail centers include The Village at Meridian, Eagle Marketplace, Gateway Marketplace, and Ustick Marketplace, providing significant convenience and attracting a strong workforce. This is an exceptional opportunity to capitalize on Meridian's thriving commercial market. The asking price is $349,000.

Property profile
Verified
Property type Land
Lot 0.52 ac (22,651 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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