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    OFF-MARKET
    Commercial real estate

    2730 State Ave, Meridian, ID 83642-8096

    1.1 ac lot
    Property ID
    US27-0191318
    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 Commercial real estate
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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