Spanish Sun Way Block 1 Meridian, ID 83642
- Land
- 1.18 lot acres
Current Use by Public Records
- Land
Property Details for 0 Spanish Sun Way Block 1
- Lot size
- 1.18 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 1.175-acre parcel presents a unique investment opportunity in the thriving South Meridian submarket of Ada County, Idaho. Located in the Artemisia Subdivision (Block 1, Lot 2), this property boasts a highly desirable C-G zoning designation, opening doors to a variety of commercial development possibilities, including industrial and retail uses. The land is strategically situated on S Spanish Sun Way, offering excellent visibility and accessibility. Its prime location provides convenient access to major transportation arteries, including the I-84 interchanges at Meridian Road and Ten Mile, ensuring seamless connectivity throughout the Boise Metropolitan Statistical Area (MSA). The property's proximity to established retailers such as Walmart, Lowe's, and Scheels Sporting Goods further enhances its appeal and potential for strong returns. The surrounding area is experiencing significant growth, with 24 commercial lots, 49 multi-family unit permits, and 653 single-family residence lots approved for development in 2024. This underscores the area's robust expansion and the potential for increased property value. The APN is R0525200040, and the asking price is $1,023,660. This is an exceptional chance to acquire land in a rapidly developing area with strong potential for future growth and profitability. The property's location within a 20-minute drive of nearly all of the Boise MSA makes it an ideal location for a variety of commercial ventures. Don't miss this chance to secure a piece of Meridian's vibrant future. The zip code is 83642.
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
- -116.415
- Latitude
- 43.5891
