0 Locust Grove Rd, Meridian, ID 83642
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.