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Property profile & analytics
OFF-MARKET
Office Spaces

0 Locust Grove Rd Meridian, ID 83646

20,000 SF 1.94 ac lot Built 2022
Property ID
Property summary
AI-generated overview

This exceptional, 20,000 square-foot Class A office building, completed in 2022, offers a unique opportunity for businesses seeking modern, efficient workspace. Situated on a 1.94-acre lot (APN: S1108233651) in the thriving Pine 43 development off Locust Grove Rd. in Meridian, Idaho, this two-story building boasts 99 parking spaces, ensuring ample convenience for employees and clients. The property's C-G zoning allows for diverse uses, including executive, medical, and traditional office spaces. Currently, the entire 20,000 square feet is available for lease, providing flexibility for single or multiple tenants. Its modern wood and steel architecture, complemented by attractive landscaping, creates an inviting and professional atmosphere. The building's prime location offers excellent access to Interstate 84, St. Luke's Hospital System, and numerous amenities. Furthermore, its proximity to a high-density residential area within the Meridian Idaho Opportunity Zone ensures a strong potential for growth and high occupancy rates. This is a rare chance to secure a premier office space in a rapidly developing area.

Property profile
Verified
Property type Office Spaces
Year built 2022
Total area 20,000 SF
Lot 1.94 ac (84,506 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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