Technical
Financial
Distress signals
Property profile

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

OFF-MARKET
Land
1.16 ac lot
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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

Location

Nec Meridian Rd. & Victory Rd Meridian, ID 83642
Meridian metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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