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    Spanish Sun Way Block 1 Meridian, ID 83642
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    Property profile & analytics

    Spanish Sun Way Block 1, Meridian, ID 83642

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    • Land
    • 1.35 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    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 Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Ada
    State
    Idaho
    Longitude
    -116.416
    Latitude
    43.5901
    More about this property
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