1200 Meridian Rd Kuna, ID 83634
- Commercial real estate
- 8,148 SF
- 1.18 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1200 Meridian Rd
- Year built
- 2023
- Lot size
- 1.18 lot acres
- Property size
- 8,148 SF
- Zone code
- C-1
- Property type
- Commercial real estate
- APN
- R0539771320
- APU
- R0539771320
Description
This exceptional retail space, situated on a 2.32-acre lot in Kuna, Idaho, presents a rare opportunity for businesses seeking high visibility and convenient access. Completed in 2023, the building boasts a prime location with direct frontage on Meridian Road, a major thoroughfare connecting to Meridian and Interstate 84. This ensures excellent exposure to a substantial daily traffic volume. The property is zoned C-1, allowing for a variety of commercial uses, including retail, office, restaurant, and drive-thru establishments. The building currently offers one available suite totaling 2,000 square feet, delivered in a "vanilla shell" condition, providing flexibility for tenant build-out and customization to meet specific business needs. The surrounding area is a mix of established and developing residential subdivisions, guaranteeing a strong customer base and growth potential. This location offers an unparalleled combination of new construction quality, high visibility, and convenient access to major transportation arteries, making it an ideal investment for discerning businesses seeking a thriving location in a rapidly growing community. The multiple tenancy nature of the property allows for a diverse range of businesses to coexist, creating a vibrant and synergistic commercial environment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $430,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $615,000
- 6.5%
- $545,000
- 7%
- $635,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $645,000
- Geo Method
- $545,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $575,000
- Retail
- $660,000
- Mixed-Use
- $660,000
- Hospitality
- $505,000
- Educational
- $530,000
- Residential Income
- $495,000
- Energy
- $610,000
- Income-Based Land
- $610,000
- Food Service
- $655,000
Location Insight
- Map
- Local Demand
- City
- Kuna
- County
- Ada
- State
- Idaho
- Longitude
- -116.393
- Latitude
- 43.4988
- CBSA code
- 14260
- CBSA name
- BOISE CITY-NAMPA, ID METROPOLITAN STATISTICAL AREA