Property profile

2730 E State Ave Meridian, ID 83642

FOR SALE
Specialty properties
Property ID
US27-0191318
1.1 ac lot
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Property summary

AI-generated overview

This exceptional 1.1-acre commercial lot presents a unique investment opportunity in Meridian, Idaho, a rapidly expanding community. Situated at 2730 E State Ave, this property is ideally positioned for immediate development. The lot is level and fully serviced with readily available utilities, eliminating significant pre-construction hurdles. Its location near the intersection of Eagle and Fairview avenues, one of Idaho's busiest intersections, ensures high visibility and accessibility. Convenient access to Interstate 84 and Boise Airport further enhances its strategic value. This property is classified as special purpose land and is zoned for commercial use. The asking price is $850,000. Importantly, this location qualifies for opportunity zone tax breaks and incentives, offering significant financial advantages to the buyer. This rare infill lot represents a compelling investment prospect in a thriving market. The property's address is 2730 E State Ave, Meridian, ID 83642-8096, within Ada County.

Property profile

Verified
Property type Specialty properties
Lot 1.1 ac (47,916 SF)
UPID US27-0191318

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2730 E State Ave Meridian, ID 83642
Meridian metro
Google Maps

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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