0 Nec Meridian Rd. & Victory Rd Meridian, ID 83642
This exceptional investment opportunity presents two fully entitled, shovel-ready land parcels totaling between 1.16 and 3.54 acres, ideally situated at the northeast corner of Meridian Road and Victory Road in Meridian, Idaho (APN: R9024780070, R9024780040). The property boasts a C-G zoning designation, allowing for a diverse range of commercial, industrial, and residential uses. Located within the 17-acre Victory Commons mixed-use development, this prime location offers convenient access to Interstate 84 and is surrounded by high-density residential neighborhoods, ensuring a strong potential customer base. The lots are available for purchase individually or together, providing flexibility for various development scenarios. This strategic location offers efficient access to I-84, placing businesses within easy reach of major transportation routes. The property's proximity to established residential areas provides a built-in market for commercial and retail ventures. The asking price for this exceptional development opportunity is $1,995,000. Don't miss this chance to acquire land in a thriving Meridian, Idaho location.
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
Similar Nearby for Lease
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.