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    OFF-MARKET
    Land

    0 Locust Grove Rd, Meridian, ID 83642

    1.04 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.037-acre commercial land parcel presents a remarkable investment opportunity in Meridian, Idaho. Strategically located on S Locust Grove Rd, this property boasts excellent visibility and accessibility, benefiting from high daily traffic counts. S Locust Grove Rd sees 11,000 vehicles daily, while nearby E Overland Rd experiences 25,500 vehicles per day. The property's central location offers convenient access to Interstate 84, ensuring seamless connectivity throughout the region. Adding to its appeal, this land shares cross-access with established businesses, including Metro Express Car Wash and Jackson's, creating a synergistic environment and potential for collaborative ventures. The property's size and location make it ideal for a variety of commercial developments, catering to diverse business needs. Its prime position within a thriving commercial corridor promises strong returns on investment. The Ada County location in the 83642 zip code provides access to a robust infrastructure and a growing community. This is a rare opportunity to acquire a highly desirable commercial land parcel in a rapidly developing area. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Land
    Lot 1.04 ac (45,172 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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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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