Property profile

0 Nec Franklin Rd & Locust Grv Rd Meridian, ID 83642

OFF-MARKET
Retail properties & Spaces
8,000 SF Built 2019
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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

Verified
Property type Retail properties & Spaces
Year built 2019
Total area 8,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Nec Franklin Rd & Locust Grv Rd Meridian, ID 83642
Meridian metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Nec Franklin Rd & Locust Grv Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message