1850 Fairview AveMeridian, ID 83642

  • Other commercial real estate
  • 181,691 SF
For Lease

Property Details for 1850 Fairview Ave

Year built
1996
Lot size
15.46 AC
Property size (Sq ft)
181,691 SF
Zone code
C-G
Property type
Other commercial real estate
APN
R0619750010
APU
R0619750010

Description

This exceptional retail opportunity is located at the highly visible northeast corner of Fairview Avenue and Locust Grove Road in Meridian, Idaho. The property, a six-building strip center totaling 182,475 square feet, is anchored by a Fred Meyer grocery store, ensuring consistent foot traffic and strong consumer draw. Two spaces are currently available, ranging from 978 to 1,448 square feet, offering flexibility for various retail businesses. The minimum divisible space is 1,448 square feet, and the maximum contiguous space available is also 1,448 square feet. The property boasts excellent access and ample parking, catering to both customers and employees. With over 30,355 vehicles per day (VPD) on Fairview Avenue and 21,643 VPD on Locust Grove Road, this location offers unparalleled visibility and exposure to a large potential customer base. The property is situated near the Village at Meridian, one of the Treasure Valley's largest retail centers, further enhancing its desirability and accessibility. The surrounding area is primarily residential, consisting of single-family homes, providing a strong local customer base. The property is zoned C-G, allowing for a variety of retail uses. The Assessor's Parcel Number (APN) is R0619750010. This prime location presents a unique opportunity for businesses seeking high visibility and strong traffic counts in a thriving Meridian community.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $46,630,820
    Hospitality
    $42,713,580
    Educational
    $35,537,196
    Medical
    $36,759,376
    Retail
    $55,280,084
1850 Fairview Ave, Meridian, Idaho
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Location Insight

City
Meridian
County
Ada
State
Idaho
Latitude
43.6208
Longitude
-116.372
CBSA code
14260
CBSA name
BOISE CITY-NAMPA, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$113,652
$8,887,700
$13,176,800
$22,064,500
-
$8,887,700
$13,176,800
$22,064,500

FAQs

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