Property summary
This exceptional Class A commercial property, located at the signalized corner of Franklin Road and Locust Grove Road in Meridian, Idaho, presents a unique investment opportunity. Built in 2019, the 8,000 square foot building boasts a desirable executive office subtype within a larger retail and office complex. The property sits on a 2.5-acre lot, providing ample space and potential for future expansion. Currently, there is 1 square foot of vacant space available within the multiple-tenancy building. The property's I-L zoning allows for a variety of commercial uses. Its prime location in Meridian, Ada County (zip code 83642), ensures high visibility and accessibility, making it ideal for businesses seeking a high-traffic area. The building's modern construction and excellent location combine to offer a compelling opportunity for businesses seeking a prestigious and convenient address. The property's strategic placement at a signalized intersection guarantees maximum exposure to a large volume of daily traffic. This is a rare opportunity to secure a well-situated, modern commercial space in a thriving Idaho market.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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