0 Nec Franklin Rd & Locust Grv Rd, Meridian, ID 83642
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.