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Property profile & analytics
OFF-MARKET
Land

0 Nec Meridian Rd. & Victory Rd Meridian, ID 83642

1.16 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.16 ac (50,530 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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