Spanish Sun Way Block 1 Meridian, ID 83642
- Land
- 1.35 lot acres
Current Use by Public Records
- Land
Property Details for 0 Spanish Sun Way Block 1
- Lot size
- 1.35 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 1.345-acre parcel, located in the highly sought-after Artemisia Subdivision (Block 1, Lot 4) in Meridian, Idaho, presents a unique investment opportunity. Situated on S Spanish Sun Way, this property boasts a coveted C-G zoning designation, opening doors to a variety of commercial development possibilities, including industrial and retail uses. The land is conveniently located between the Meridian Road and Ten Mile interchanges of Overland Road, providing excellent visibility and accessibility. Its strategic position offers close proximity to major retailers such as Walmart, Lowe's, and Scheels Sporting Goods, ensuring high traffic and consumer visibility for any developed project. The Artemisia Subdivision is experiencing significant growth, with approvals in place for 24 commercial lots, 49 multi-family units, and 653 single-family residences in 2024. This underscores the area's robust expansion and the potential for strong returns on investment. The property's location within the Boise MSA, with easy access to two I-84 interchanges and a short drive to most of the MSA, further enhances its appeal. The Ada County APN is R0525200080. This is a rare chance to acquire a strategically located parcel in a rapidly developing area, making it an attractive proposition for discerning investors and developers. The asking price is $1,171,764. Don't miss this opportunity to secure a piece of Meridian's thriving commercial landscape.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Meridian
- County
- Ada
- State
- Idaho
- Longitude
- -116.416
- Latitude
- 43.5901
